The company is an award-winning designer and manufacturer of eco-friendly branded promotional merchandise, supplying its products on a B2B basis.
Through producing environmentally conscious products, the company has won multiple awards and built an enviable reputation as a leader in sustainable merchandise.
The business is now being offered for sale to facilitate the director’s retirement plans.
Offers invited.
Key Highlights
- Designs and produces everything in-house, enabling exceptional lead times for customers and full control over the process.
- Longest customer relationships span more than three decades.
- Strong second-tier management team in place that can undertake many daily operations with minimal oversight.
- Operates from leasehold premises.
- Recently established platform in place with management system that will continue to provide growth opportunities through cross platform selling and introducing B2C sales.
- Expanding its existing product ranges, as well as diversifying into other product categories, would facilitate growth.
Financial Highlights
- Turnover of £2.7m in YE23 with a gross profit of £2.1m.
- Adjusted EBITDA of circa £1.25m achieved in the same year.
- Average gross profit of 77% between YE20 and YE23.
