The company specialises in the provision of floating roof tank seals and drain systems for above-ground storage tanks, serving refineries globally.
Established for over 17 years, the company has built a loyal, repeat customer base and a reliable supply chain, as well as achieving approved supplier status with many international refineries.
Our clients are now offering the company for sale to enable them to pursue other, unrelated interests.
Offers invited.
Key Highlights
- Capable of designing and manufacturing a vast range of seals and products to suit any system configuration, including for older tanks.
- Has formed a number of relationships that span the length of time that the company has been in operation.
- Operates from easily relocatable premises based in North West England.
- Has potential to access any refinery internationally, with scope to pursue tenders for contracted works.
- Bringing manufacturing in-house and hiring additional, skilled staff would facilitate growth.
Financial Highlights
- Achieved a turnover of £1.7m in YE24, with an adjusted EBITDA of £220k.
- Partial turnover of £636k achieved in the first two quarters of YE25.
- The company keeps its overheads low, maximising profitability.
