Based in the Midlands
The company is a manufacturer and online retailer of two distinct product lines. The first is a range of shower curtains and rails, along with other sealing kits designed to prevent water damage, and other accessories. The second is a selection of earthing bed sheets, which are designed to help people sleep better by maximising the body’s natural healing and regenerative processes.
Products sold by the company offer solutions to common problems surrounding bathroom fixtures and fittings, with many having very little like-for-like competition within the wider market.
The shareholders are offering the company for sale to facilitate the managing director’s retirement.
Offers invited.
Key Highlights
- Operates internationally, generating 72% of sales from private individuals via its websites. This is complemented by sales to other distributors and commercial customers.
- Sales are generated through the company’s websites, which benefit from circa 24,000 visitors each month.
- Experienced second-tier management team in place.
- Operates from two leasehold sites, one of which may be included within the sale.
- Plans to launch a new website for the bathroom side of the business in 2024 are expected to increase revenue in this area.
Financial Highlights
- Turnover of £844k, with an adjusted EBITDA of £144k.
- The range of bedsheets has demonstrated growth of 30% per annum since 2021, with increased marketing spend having scope to double current levels of success.
