Supplier Of Stainless Steel, Nickel And Brass Products For Sale

The company specialises in the supply of high-quality stainless steel, nickel alloy, copper, titanium and brass tubes, pipes and tubular products for clients in a range of buoyant global markets. Utilising a highly skilled team, the company works in partnership with clients to supply a diverse range of products that can be catered to meet their exact needs. The company has developed strong, direct relationships with suppliers based across Asia, Europe and North America, which enables it to offer highly competitive pricing, whilst ensuring that it retains access to a high volume of materials at all times, meaning that it can consistently meet rising global demand for its services. Our client is now offering the company for sale as they wish to pursue alternative, unrelated ventures. The business comprises a UK-based limited company, managing operations across Europe and Asia, and a US-based LLC, focusing on sales into North America. The US-based company achieved turnover of circa $11 million in YE23, with an adjusted EBITDA in excess of $2 million. Turnover for the UK-based company reached £1.5 million in the last financial year, with an adjusted EBITDA of £60k. The sustained global demand for the company’s high-quality products ensures that the business continues to enjoy a dependable stream of recurring custom. Strong pipeline in place for the coming year, with orders collectively valued at circa £2 million still to be invoiced. As the majority of revenue is supplied by long-term clients on ongoing contracts, future revenue is secure. Offers an extensive selection of products with a wide range of applications, enabling it to fulfil diverse orders of all sizes. Benefitting from a lean organisational structure and streamlined processes, the company maintains high, sustainable profit margins. Operating on an international basis, the company predominantly works with large organisations in the heat exchange, automotive, manufacturing and stockholding sectors. The company maintains strong, long-standing relationships with clients, some of which span over seven years, with 98% of turnover in the last year being supplied by returning clients. Strong, highly skilled management team in place, which will be capable of independently managing most day-to-day business operations, post-sale. Most staff based in the UK and US currently work remotely, with potential for the business to be managed on a wholly remote basis.