based in south east england
The company supplies a range of timber products, including sleepers, scaffold boards and fencing, along with fixings, turf and bulk bags of stone, bark, sand and compost. Installation services can also be provided via third-party providers.
The company caters to a nationwide customer base covering businesses from the construction, landscaping and manufacturing sectors, as well as private individuals carrying out home or garden improvements.
The shareholders are offering the company for sale as they wish to pursue alternative, unrelated interests.
Offers invited.
Key Highlights
- Long-standing relationships with renewable resources and sawmills operating under the standard sustainable timber trade practices, assuring customers of its commitment to ethical sourcing.
- Regular client base comprising commercial clients generates circa 35–40% of its monthly turnover.
- Established e-commerce website, with sales also generated by telephone and email enquiries.
- Experienced second-tier management team in place.
- Operates from leasehold premises.
- An excellent bolt-on opportunity for clients offering a similar service elsewhere in the UK, who wish to expand operations in South East England.
Financial Highlights
- Turnover of £1.7m, with an adjusted EBITDA of £198k.
- YE23 management turnover of £1.4m.
- Currently exploring opportunities with new clients that could see its turnover increase by up to £650k per annum.
