The company offers tools and equipment for construction, engineering, and DIY projects. Revenue is predominantly generated through sales of new products, with the company also deriving income from the hire of equipment and the sale of exhire products.
Products include garden tools; hand tools; electrical and lighting equipment; generators and welders; power tools, DIY, and safety equipment; and ladders and access equipment.
Over its 50+ years in operation, the company has developed an excellent reputation, with very high brand name recognition in its region. This has resulted in a diverse customer base comprising leading organisations from the construction and engineering sectors, wholesalers, and private individuals / tradespeople.
The company is being offered for sale to facilitate the shareholders’ retirement plans.
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2022 (Actual) | 9,664 | 1,666 |
| 2023 (Actual) | 11,313 | 2,319 |
| 2024 (Actual) | 10,864 | 2,387 |
| 2025 (Actual) | 10,879 | 2,911 |
| 2026 (Actual) | 11,255 | 2,424 |
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