The business produces a diverse range of hoses for various industries, including petrochemical, food, pharmaceutical, and road construction, and offers compatible hose fittings and adaptors.
Its unique and contemporary hoses, constructed from spirally wrapped thermoplastics, fabrics, and films with wire helices, are lightweight, flexible, and can be manufactured and customised on-site for immediate use.
Benefits from 650 active clients, 90% of which provide reliable, repeat business.
The business has a strong foothold internationally, with 35% of revenue coming from outside of the UK.
An ideal bolt-on opportunity for complementary service providers looking to extend their offering and client base.
Operates from two freehold premises, which will be included in the sale.
Strong second-tier management team in place.
Order book valued at £178k, which is expected to run through to May 2025.
YE24 turnover of £1.6m, with an adjusted EBITDA of £172k.
Average gross profit margin of 32% over the last four years.
Our clients are now offering the company for sale to facilitate retirement plans.
Offers invited.
