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Timber agent & broker

Reference
S11796
Turnover
£1m to £2m
Sector(s)
Agriculture, forestry & fishing, Construction, Miscellaneous, Service industries
Region(s)
UK Wide
Added
09 July 2024

Business description

The sale consists of two complementary companies. One acts as a timber agent, specialising in selling large bulk cargo on a forward contract basis, with the other providing a ‘just in time’ delivery service as an importer for UK buyers.

The positions of both companies gives owners the optimum position to respond to changing needs, demands, and consumption in the timber market.
The companies are ideally placed to achieve further growth due to their strong market position and lucrative blue-chip customer relationships.
The group operates on an international B2B basis, sourcing timber from
Scandinavian sellers and supplying UK organisations across a range of markets, such as the garden, joinery, and packing sectors.
The companies are now being offered for sale to facilitate our clients’ retirement plans.
Our clients are open to all types of structured offers, subject to negotiation.
Offers invited.

Highlights

  • Relationships with customers, including a number of blue-chip organisations,
    span three decades. 
  • Has received certifications from FSC and PEFC. 
  • Benefits from 80% of customers providing repeat business, and 85% of income arising from contracted revenue streams. 
  • Operates from leasehold premises. 
  • Set to benefit from the current shift towards more sustainable building materials and the progression towards net zero targets.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2020 (Actual) 1,137 141
2021 (Actual) 2,047 408
2022 (Actual) 2,498 582
2023 (Actual) 1,191 379
  • Turnover in excess of £2.5 million in YE24.
  • Shareholder funds in excess of £1.8 million in YE23. 
  • Downturn in trading in YE23 and 24 is largely due to insufficient availability of covered storage which reduced the availability of stock for sale, alongside the downturn in the UK timber market following the Covid-19 pandemic. The companies have taken the steps to rectify this and expect stock availability to increase, subsequently boosting turnover. 
  • Operating within a successful market, which is set to expand at a CAGR of 2.5% in 2024. 
  •  Demand in the timber sector is set to increase by 78% through to 2025.

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