Supplies clients with essential workers to maintain their company's seamless daily operations by sourcing car delivery drivers nationally & warehouse operatives regionally.
Operates across 4 sectors & is a leading supplier of car delivery drivers to the car re-marketing sector.
Key Aspects
• One of the UK’s largest suppliers of car delivery drivers to the car re-marketing sector, which peaked at 500 drivers daily pre-pandemic & achieves excellent gross profit margins.
• Blue-chip cliental relationships spanning over 18-years has maintained revenue & developed growth.
• Unique hiring & onboarding operating software offers a seamless end-to-end hiring process, holds a vast database of workers & is capable of supporting significant expansion.
• Three-year forecast of c.£10m set to be achieved by YE2026 with minimal additional internal workforce due to the efficient processes adopted.
• Operations are localised through one office, but c.78% of sales are generated on a national basis, displaying the company's valued status in the UK market.
• Following the Covid-19 pandemic & automotive supply chain issues, the automotive sector is in recovery & the order book is set to grow by 43% in FY24, signalling a sector set to exceed pre-pandemic levels.
Opportunities
• Forecasted to reach c.£10m in turnover within the next 3 years, with minimal investment required in additional staff resources, due to efficient internal processes that have been developed over 33-years.
• As specialists in the automotive re-marketing industry, auctions are set to return to physical events & see growth opportunity returning to pre-pandemic services.
• Bespoke hiring & onboarding software provides significant opportunity & can be integrated into further synergy operations to expand into further markets.
• The company is in a unique position to capitalise on automotive sector demand, as the growing order book signals strong recovery following the Covid-19 pandemic & global supply chain issues.
• An increase in notability via the addition of active marketing strategies has the potential to grow the recruitment database as well as develop new client relationships.
Potential Purchasers
• Automotive & industrial recruitment agencies, with a focus on temporary recruitment.
• Other blue collar recruitment agencies.
• General recruitment agencies (inc. white collar, executive search, etc.) that are looking to expand capabilities.
• Acquisitive training providers with a focus on automotive & industrial training looking to expand into recruitment.
• Major car dealership networks & rentals looking to manage car delivery movements in-house rather than outsource.
• Private equity houses & venture capitalists in the above sectors.
