With international distribution network, the company engineers, manufactures and distributes various electronic products to upgrade vehicles. Core products include infotainment systems, smartphone integration, ADAS systems, blind spot/lane change assist systems together with intelligent camera systems to improve driving safety, serving both retail and trade customers. The company has an established track record of creating bespoke electronic solutions for major OEM brands. With extensive in-house engineering capabilities coupled with reliable production, this ensures excellent product quality with a higher profit margin.
The company has amassed a vast international distribution network of over 220 resellers, coupled with a number of valuable online presences. Our clients are open to all types of structured deals subject to terms. The business is now being offered for sale to enable our clients to spend more time with family. Offers invited
Considerable existing R&D investment over the past few years which will provide the buyer with a growing and sustainable income stream as these products reach maturity. Buyer will have access to existing distribution channels and our extensive
client base including OEMs, international resellers and successful B2B and B2C e-commerce platforms Experienced staff members in place Buyer will be able to access an established manufacturing facility with the capability for PCB design/production, plastic and metal moulding, cable/connector design and production Operates from leasehold premises which are a combined modern office and warehousing space with expansion potential. The freehold of which can be
included in the sale by way of separate negotiation.
Turnover of £1.7m in YE23 with an adjusted EBITDA of circa £840k.
Forecast of £1.8m in YE24 with an adjusted EBITDA of £930k.
Freehold premises that have been valued at circa £620k
