Utilising its fleet of special-purpose LGVs and vans, the company offers UK and international domestic and business removals; short- and long-term storage solutions, including self-storage facilities; UK-wide collections and deliveries for single and multiple items; international freight forwarding; and national and overseas shipping from exhibitions.
The company has established a particular prominence within the art and antiques market, underpinned by the significant levels of in-house expertise required to pack and transport large, high-value and / or fragile pieces.
The business secures 58% of its revenue through export activities across Europe, North America and the rest of the world, with the remainder procured via UK-based removals, storage and multi-drop transport.
Our clients are now offering the company for sale to facilitate their retirement plans. Offers invited.
Key Highlights
- Works with a large international network of clients, which includes private individuals and sectors such as removals, interior design, art and antiques.
- Second-tier managers effectively oversee day-to-day operations with minimal input from the shareholders.
- Workforce includes multi-skilled removals operatives who possess LGV Class 1 licences and client-facing / team leadership skills.
- Operates from substantial leasehold premises. The centralised location provides easy access to the UK’s motorway network, as well as ports and airports to facilitate overseas shipping.
Financial Highlights
- Generated a YE23 turnover of £2.1m, with an adjusted EBITDA of circa £792k.
- Approximately 75% of clients reappoint the business for ongoing projects and repeat work.
- No individual client attributes to more than 4% of the annual revenue. Up to 96% of clients each only represent less than 0.5% of the turnover.
- Holds a vast asset register worth approximately £460k.
