Supplier of sinks, taps and related accessories for domestic and commercial kitchens and laboratories to trade customers and the public (B2C). Products are sourced from UK and overseas manufacturers, including white-label suppliers for its own brand (49% gross profit). Sales through Northern England are led by a small in-house team via phone, website enquiries and showroom visits
Key Aspects
- Long-established supplier of kitchen, laboratory and catering sinks, taps, and accessories, with a catalogue of over 130 products.
- c.14,000 sq. ft company-owned showroom and warehouse building enables retention of large stock volume, minimising lead times.
- Offers premium first-party products under the company's own trademarked brand.
- Consistently full order book, with an average weekly order value of c.£35k
- Serves an average of c.730 customers per year, with a c.90% customer retention rate
- Broad and well-distributed client base of retailers, showrooms, interior designers, installers and tradespeople, with a comprehensive website.
- Company-owned six-van fleet enables rapid order fulfilment and a wide delivery radius.
Opportunities
- Expand product range with additional accessories and adjacent products, including drains, traps, tools, showers, white goods and worktops.
- Offer formal trade customer contracts and volume pricing arrangements to establish recurring revenues from trade buyers.
- Add full e-commerce functionality to the online catalogue to increase order throughput and reduce admin workload for staff.
- Expand social media presence and implement an SEO-focused digital marketing strategy to capture additional B2B searches.
- Expand geographical reach and take advantage of developments in third-party delivery software.
Potential Purchasers
- Kitchen component distributors with a focus on sinks and taps.
- Bathroom and plumbing distributors who could be looking to expand into the sinks and taps sector.
- Acquisitive plumbing and builders’ merchants.
- Kitchen component manufacturers who could be looking to expand into distribution.
- Kitchen furniture and fitted kitchen suppliers.
- Private equity houses and venture capitalists in the above sectors.
Turnover - c£1.8m
Adj. EBITDA - c£171k
