The company is a vehicle accident repair centre offering general bodywork repair and other related services, including wheel alignment, air conditioning re-gas and windscreen / glass replacement. Repairs are completed to manufacturer standard by trained professionals, utilising genuine equipment, parts and paints with approved repair methods.
The company has developed strong relationships with a number of leading car manufacturers and insurance providers, and is approved to carry out repairs as part of a warranty or insurance claim. This provides a steady stream of revenue, which is expected to remain stable for the foreseeable future.
The shareholders are offering the business for sale to facilitate their retirement.
Offers invited.
Key Highlights
- Also provides vehicle recovery services and can offer a courtesy car, simplifying the repairs process for the vehicle owner.
- Accredited by the BSI, ABP and IMI, including for structural aluminium repair.
- Approximately 90% of revenue is generated by insurance companies, with the company being an approved repair centre for many leading providers.
- Additional work is generated from vehicle manufacturers and the general public.
- Operates from leasehold premises.
Financial Highlights
YE24 outturn turnover of £3.6m, based on seven month accounts.
Turnover of £3.5m.
Adjusted EBITDA of £575k.