Established well over 30 years ago, this opportunity is a well-equipped and well-resourced plastics processing business with annual sales approaching £3M).
Revenue is generated from a number of discrete product lines, including the manufacturing of its own range of products, resulting in a significantly de-risked trading profile. Client relationships are longstanding (many measured in decades) with no client accounting for more than 15% of sales. They are also spread across a number of sectors, from distribution through to construction.
Located in the West Midlands, the company operates from a modern 19,500 sq foot premises, and employs 16 full-time staff, with a 2nd tier management team in place.
Revenues have grown from c £2.1M in 2021 to a forecast of just under £3M in the current year, with a stable gross margin of 40%. The business model is robust and other than (the Covid affected) 2020, it has delivered an adjusted EBITDA in the £600k to £700k range every year since 2021 and is forecast at c 635k in the current year.
The Guide Price sought by the Vendors for 100% of the shares of the Company is £2.9M. The business will be sold on a debt free, cash free basis to include a Net Asset Value at Completion expected to be c. £750k
The business will be an attractive acquisition for both a larger trade buyer looking to extend its product range and / or technical and manufacturing capability and also those looking for a stable stand-alone business, with significant further growth opportunities.
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2022 (Actual) | 2,500 | 650 |
| 2023 (Actual) | 2,300 | 650 |
| 2024 (Actual) | 2,900 | 700 |
| 2025 (Actual) | 2,800 | 600 |
| 2026 (Actual) | 2,900 | 635 |
All opportunities on this website have been posted by advisers, or occasionally by company owners. Deal Opportunities Limited is not acting on any of these opportunities.
All the information available to us for this opportunity is shown above. We do not have any additional information.
Please contact the person responsible for this opportunity in order to request further information, or to express an interest in it.
You are not currently logged in to the site. If you are a regular user, please log in before requesting contact details.
Register Log in now Get their contact details without logging in
The business primarily offers teaching assistants and teachers for schools in addition to nursery workers for childcare settings within its locality. Company has developed strong reputation over its almost 20 year history, particularly with special needs schools, offering candidates for these roles.
The company specialises in providing a comprehensive service, offering sheds, metal gates, and iron wrought fences to domestic clients, contractors and wholesale builders’ merchants. Deliveries are offered through in-house delivery drivers. With c.150 active clients, end users tend to be residential property construction companies or homeowners.
Registered Building Control Approver (RBCA) based in the South West. Operating within the private sector building control body providing regulatory approval and inspections on both domestic and commercial building projects.
Multi-disciplinary services including: structural design, building regulations, architectural support, party wall surveys
Founded in the late 1800s , this iconic pub and restaurant is known for its breathtaking views and superb location. Loved by motorsports fans the world over the pub is also a popular destination for locals, hikers and tourists.
Established in 2013, sales, rentals and workshop services. The company caters to both domestic and international travellers seeking flexible, adventure-led holidays.
Electric Vehicle (EV) Charging Cables and Accessories in the UK.
Project Schaffer provides a comprehensive range of designer prescription eyewear and sunglasses.
Project Zenith has built an impressive reputation for the production and supply of cooking wine and vinegars to wholesalers, retailers, and manufacturers in the UK and the Republic of Ireland.
A provider of high-definition above and below water asset inspections with a long history in coastal seabed surveys.