The company is a ship broking business that acts as an intermediary between shipping companies and traders of oil and dry goods, facilitating international logistics operations.
Operating internationally, the company has built up considerable expertise in the shipping trade, forming long-standing relationships across a variety of essential industries, with clients ranging from single ship owners to large multinational oil companies.
The shareholders are offering the company for sale to facilitate their retirement.
Offers invited.
Key Highlights
- Provides shipping for cargo up to thousands of tonnes in weight, ensuring that products arrive at the destination on time and in the same condition as loaded.
- Works with five clients across multiple sectors, benefitting from a high volume of repeat business, with some relationships spanning 35 years.
- Experienced second-tier management team in place to lead operations post-sale.
Operates from leasehold premises.
Financial Performance
- Turnover of £1.7m, with an adjusted EBITDA of £441k.
- Typically has contracts to the value of £400,000 booked at any one time.
