The company has developed a high-quality, lightweight product, which is sold to DIY retailers and builders’ merchants across the UK and Ireland for use by the general public and decorating firms.
Manufactured in-house, the product has several advantages over alternatives in the market, including the ease with which it can be installed.
The shareholders are offering the company for sale as they believe the time is right for a new owner to take it to the next level.
Offers invited.
Key Highlights
- Supplies key complementary items required for installation, encouraging upselling.
- Long-standing blue-chip client base which provides a high-volume of repeat business.
- Experienced second-tier management team in place.
- Operates from leasehold premises.
- Excellent potential for further growth through the development of its client base or increased sales and marketing activities.
Financial Highlights
-Turnover of £1.2m in YE22, with an adjusted EBITDA of £77k.
- Draft turnover of £1.3m in YE23, with an adjusted EBITDA of £153k.
- Gross profit margin of 41%.
- Shareholder funds have increased year on year since YE21.
