The company is an online lighting retailer offering a comprehensive range of indoor and outdoor lighting from over 60 industry-leading brands, with its product range featuring over 35,000 individual items.
A respected leader in a fast-growing industry sector, the company has a wealth of knowledge concerning lighting design, enabling it to provide accurate advice to consumers with regard to product selection.
The company operates on both a B2B and a B2C basis, with its e-commerce website offering an efficient shopping experience.
The company is being offered for sale to facilitate the shareholders’ retirement.
Offers invited.
Key Highlights
- Retails a variety of lighting types, styles, price points and brands, covering indoor and outdoor lighting, fitted lights, lamps and portable lights.
- Has over 22,000 individuals listed on its database, with B2B customers including architects, interior designers, lighting designers and property developers.
- Receives circa 30,000 visitors to its website each month, with an average order value of over £500.
- Operates from leasehold premises.
- Our Clients expect that the lighting market will continue to grow over the next few years, with scope for the company to benefit from continued innovations.
Financial Highlights
- Turnover of £2.5m, with an adjusted EBITDA of £21k.
- Turnover expected to reach £2.3m in YE24 and rise to £2.6m in YE25.
- The 2023 dip in profitability was a result in a change in the Directors’ personal circumstances and the wider cost-of-living crisis.
