Supplier Of Hoses, Pipes, And Ancillary Fittings For Sale

The company is a long-established and well-respected provider of high-quality hoses, hose and hydraulic assemblies, pipes, valves, and fittings to meet the unique needs of various industries. To ensure the business meets these needs, it has assembled an extensive inventory of hydraulic, cleaning, marine, industrial, automotive, and speciality hoses. All of the company’s products are designed for durability and undergo comprehensive testing to meet industry standards. Our clients are now offering the business for sale to facilitate further development under the impetus of new ownership. Offers invited. Generated a turnover of £700k in FY23, with an adjusted EBITDA of £133k. Projected to achieve a turnover of £721k in FY24. Obtained numerous client contracts covering the next 12-month period, worth £260k. Cultivated strong relationships with government contractors. Works closely with 44 active clients, all of which provide ongoing business. Secured multiple long-standing client contracts, which generate 75% of the company’s annual turnover. Obtained a contract for third-party purchasing for a government organisation. Operates from leasehold premises close to popular industrial, military, and marine areas, as well as key transport routes and thriving local ports and dockyards. There is significant potential to develop an e-commerce platform and supply products to clients across the UK.