The company provides the hire and sale of used materials handling equipment, ensuring that each vehicle operates to a high quality.
The sales and hire solutions ensure that clients can acquire and utilise the most suitable materials handling equipment. The business’s stock includes counterbalance forklifts, reach trucks and Teletruks.
The company undertakes Thorough Examinations on each truck, carried out by in-house service engineers, which is facilitated by the business’s CFTS accreditation.
Our clients are now offering the company for sale to facilitate their retirement plans. Offers invited.
Key Highlights
- Network of 350 active clients across the UK within sectors such as construction, warehousing, manufacturing, and logistics.
- Maintained long-standing relationships with key clients, some of which span over two decades.
- Management personnel effectively oversees daily business operations without the shareholders’ input, presenting a turnkey opportunity.
- Operates from leasehold office and workshop premises.
- Centralised location facilitates access to clients’ sites within the Midlands.
Financial Highlights
- Generated a consolidated YE24 turnover of £2.6m, with an EBITDA of £346k.
- Net assets of circa £1.4m.
- Flexible hire options, comprising short-term, lease and contract agreements, generate recurring revenue.
- Reliable income secured through scalable maintenance programmes.
