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the UK marketplace for company sales

Glazes, paints & other material for ceramics

Reference
S6814
Turnover
£0.5m to £1m
Sector(s)
Creative industries, Distribution, freight & logistics, Retail & wholesale
Region(s)
UK Wide, Outside UK
Added
12 February 2020

Business description

The company is a supplier of glazes, paints and other materials used in the manufacture of ceramics, working with clients that range from large-scale
manufacturers through to schools, craft shops and individual crafters. 

Supplying an extensive pallet of colours, the company also provides a colour matching service to its clients. 

After 11 years of operation, the shareholders are now offering the business for sale to facilitate their retirement. 

Offers invited.

Highlights

  • Many long-standing client relationships surpassing 10 years.
  • Over 100 active clients, 98% of whom provide reliable, repeat business. 
  • Clients include large-scale manufacturers of hotelware and dinnerware.
  • Strong second-tier management team. 
  • Operates from ideally located rented premises owned by the shareholders. 
  • Strong pipeline of future work valued at circa £90k. 
  • Excellent opportunities for growth, including development of sales and marketing strategies.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2016 (Actual) 945 238
2017 (Actual) 729 106
2018 (Actual) 566 15
2019 (Actual) 831 191
  • Turnover of £831k in YE19 with an EBITDA of £191k.
  • Turnover of £566k in YE18. 
  • Average gross profit margin of 54%.

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