Project Asteria provides end-to-end haulage and shipment solutions across the UK and internationally. Whilst a licence is in place to use the name of a larger brand, the business operates autonomously with no input from the larger entity.
The company’s services comprise domestic UK haulage, European imports and exports, customs clearance, time-sensitive shipments, and international sea / air freight.
The business offers scalable solutions to realise clients’ transport requirements of all sizes, from distributing one pallet to a full truck of goods. This is underpinned by exceptional customer service and strong relationships with dedicated agents situated throughout Europe that operate vehicles ranging from small vans to 20-tonne trailers.
Our clients are now offering the business for sale to facilitate growth under the impetus of new ownership. Offers invited.
Key Highlights
- Member of BIFA, IATA and RHA.
- Operates sector-agnostically, working with 75 active clients across industries such as manufacturing, clothing, logistics and fit-outs.
- Client relationships are held with the business’s staff, who have consistently completed distribution services to suit evolving needs regardless of the trading name.
- Turnkey opportunity; second-tier management team effectively runs day-to-day operations in the shareholders’ absence and can absorb our clients’ responsibilities, post-sale.
- Sustained demand for the company’s services; receives a steady stream of quote requests from new and existing clients, bolstered by the proficient sales team.
- Focusing on business development during 2024, with personnel appointed to advance the company’s prominence within the sea and air freight markets.
- Operates from ideally situated leasehold premises in Wales.
Financial Highlights
- Generated a YE23 turnover of £5.4m, with an adjusted EBITDA of £1.3m.
- Forecast to retain a steady turnover in the coming years.
- More than 70% of the business’s income is generated by European haulage, UK-to-Europe exports, Europe-to-UK imports, and USA shipments.
- Approximately 70% of revenue is derived from existing relationships, some of which have been in place for over six years.
