Project Hinode supplies and distributes a broad range of industrial chemicals, including, but not limited to, acids, cleaning agents, solvents, and chloalkalis.
The company sources the chemicals from manufacturers and other distributors, utilising its in-house warehouse facilities to decant the products into bespoke containers and mixtures in line with evolving client specifications.
Whilst the business primarily works within Southern England, UK-wide distribution is possible.
Our clients are offering the company for sale to facilitate lifestyle changes and retirement plans. Offers invited.
Turnover (£'000) | Adjusted EBITDA (£'000) | |
---|---|---|
2021 (Actual) | 2,591 | 395 |
2022 (Actual) | 3,942 | 570 |
2023 (Actual) | 3,825 | 593 |
2024 (Actual) | 3,286 | 539 |
2025 (Actual) | 3,110 | 555 |
• Generated a YE24 turnover of £3.2m, with an adjusted EBITDA of circa £540k.
• YE25 annualised accounts indicate a turnover of £3.1m, with an adjusted EBITDA of £555k.
• Average gross profit margin of 46% between YE21 and YE24.
• Receives repeat orders from 90% of clients, owing to the ongoing requirement for high-quality industrial chemicals for various applications.
• Balance sheet growing year on year; net assets currently in excess of £2.7m.
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