The business operates as a transport logistics business, with a focus on two key service offerings, being container haulage and container storage.
1) Provides container haulage throughout the Yorkshire region, with the capacity to offer Tipper, Splitter, Hazardous or Drop/Swap services. The team has a focus on the Yorkshire area, however the Business wins work across the country, from as far south as Birmingham to Newcastle in the north.
2) From the secure site in Yorkshire, the business offers container storage. The site is monitored 24/7 with CCTV and a full perimeter electric fence. Given the nature of this offering, there is an element of recurring revenue, with customers able to sign up for a weekly, monthly, or yearly storage.
Haulage generates c.95% of revenue within the business, with a supplementation of 5% from storage revenue. The storage site is heavily underutilised and offers a key growth option.
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2021 (Actual) | 2,757 | 798 |
| 2022 (Actual) | 3,112 | 981 |
| 2023 (Actual) | 2,644 | 579 |
| 2024 (Actual) | 2,916 | 697 |
| 2025 (Actual) | 3,255 | 918 |
Facilitate retirement after a agreed hand over period.
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Gang Masters Licence Holder.
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