Formed over 30 years ago based in Essex with UK and international coverage
An established brand with a trusted reputation in the animal health industry
Firm is a ‘one-stop-shop’ for market leading canine and equine health products
Diversified product portfolio covers hygiene and grooming products, nutritional supplements and herbal goods
Products are sold through 9 reputable brands and are targeted at canine, equine and more recently poultry
Firm hold the ISO 9001 accreditation, the internationally recognised standard for quality management systems
Company has been recognised for their commitment to excellence with numerous accolades over the years
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2025 (Forecast) | 710 | 106 |
Company performance has been improving since FY23 with revenues growing by 6.3% CAGR
Gross profit margins have averaged a healthy 64% over FY23-FY25
Over the same time period, EBITDA margins have increased to 14.9%
There is an opportunity to build on the brand with a new product mix, The sellers note that rabbits and guinea pig products were areas that had been considered in the past
Company currently sell competitor products on their website and receive a cut of sales. Firm also engage in contract manufacturing services, whereby third parties put their own labels on the sellers products. Expansion of either of these revenue streams has the potential to increase turnover. Company also sell goods at trade shows like Crufts and there is an opportunity to increase the number of events in which products are sold
There is significant scope to sell more products overseas. The company have two key clients in Bahrain. Prior to Brexit, approximately 20% of sales were within the EU but there is scope for this to increase if the buyer purchases BPR (product for authorisation)
Shareholders are retiring and eager to find the right new owner for the next phase of the company’s growth and success. The current owners priority is to ensure the business transitions into capable hands that share their commitment to its legacy and future potential. They are seeking a successor who can build on the company’s strong foundation and drive it toward new opportunities
The Senior Leadership Team can remain in place post sale to enable the Company to continue trading without disruption. The management team have vast experience so there is less reliance on the owners.
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