The company offers traction-only and full transportation services across the UK. It utilises a large well-maintained fleet of vehicles, comprising of curtainsided trailers and rigids, which enables it to operate 24/7. Its largest vehicle, a 26 ton rigid, has an 18 standard pallet capacity.
The company is being offered for sale to facilitate the Shareholders’ retirement plans.
Offers invited.
Key Highlights
• A member of the Palletline network and the RHA, which assures clients of the quality of its services.
• Caters to 47 active clients, circa 51% of whom provide reliable, repeat business, with some relationships spanning up to 15 years.
• Considerable opportunity for further expansion through the growth of its client base.
• Part of a buoyant market, which is set to enter a period of growth over the next five years.
• Experienced team in place to run the business on a day-to-day basis.
• Operates from leasehold premises, which are centrally located to provide easy access to all parts of the UK, including its major ports.
Financial Highlights
- YE23 turnover of £8.1m, with an EBITDA of £542k.
- Shareholder funds in excess of £1.9m in the same year.
- Turnover increase of 138% between YE20 and YE23.
