Operating for three and a half decades, the company is a market-leading manufacturer and supplier of a range of wax-based, anti-corrosion products for under-body and cavity treatments for commercial vehicles, as well as the required application equipment.
Having established a foothold in the UK and several international markets, the company has built a strong reputation for excellent customer service and support, which ensures a high level of repeat business.
Our clients are now offering the company for sale to facilitate their retirement plans.
Offers invited.
Key Highlights
- Offering air-assisted, airless equipment for the application of its products provides a one-stop shop for customers.
- Operating internationally with 40 active customers, all of which provide repeat business, with customers based across the UK, NI, ROI, Egypt, and Asia-Pacific.
- Supplies a large proportion of the bus and coach manufacturing industry nationally.
- Longest customer relationships span more than three decades.
- Fully relocatable opportunity - could operate and manufacture from anywhere in the UK.
- Product line could easily be modified to suit any means of application in other marketplaces where corrosion protection is required.
Financial Highlights
- Turnover of £835k achieved in YE24, with an adjusted EBITDA of £366k.
- No bad debtors and has experienced over three decades of continuous profit.
