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Time-critical freight forwarding & logistics

Reference
S7481
Turnover
£2m to £5m
Sector(s)
Distribution, freight & logistics
Region(s)
West Midlands
Added
11 February 2021

Business description

The company is a trusted provider of comprehensive freight forwarding services, offering time-critical road transportation solutions for major clients. 

Working in partnership with a robust and strategic network of couriers and transport companies, the company is capable of managing orders of all sizes,
providing guaranteed rapid collection response times for all UK clients and managing deliveries on a national scale.

The shareholders are offering the company for sale due to health-related reasons.

Highlights

  • Works with a trusted network of national partners to provide rapid, reliable delivery solutions, specialising in same-day and next-day deliveries. 
  • Clients include a number of market-leading organisations in the e-commerce, courier, automotive and retail sectors, some of whom have retained the company’s services for over seven years. 
  • Highly experienced team in place, possessing the skills and expertise required to effectively manage operations on an ongoing basis. 
  • Significant scope for further expansion by capitalising on existing relationships with key clients to work with additional depots. 
  • Operates from leasehold premises based in the Midlands.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2018 (Actual) 6,389 2,218
2019 (Actual) 3,934 924
2020 (Actual) 4,821 1,106
  • Achieved turnover of £4.8 million, with an EBITDA of £1.1 million.
  • Maintains consistently strong gross net profit and EBITDA margins, averaging 34% and 27%, respectively, across the last three years. 
  • Owing to the essential nature of the company’s operations, it has continued to trade successfully throughout the Covid-19 pandemic, with an increase in revenue anticipated as the global market recovers.

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