YE23 turnover of £2.5 million with an adjusted EBITDA of £163k.
Profit increase of 50% and turnover growth of 60%.
Overview
The company manufactures and supplies sandwiches and snack products to blue-chip organisations and the public sector.
Airline contracts are an advancing market for the company, accelerating business growth and providing more cross-sector opportunities through industry contacts and reputation.
The company operates from two linked leasehold premises for manufacturing and packing.
The directors are retiring with a strong secondary management structure in place; their management positions will need to be filled following a potential short-term handover period to be negotiated.
Offers invited.
Key Highlights
Established and recurring customer base with large contracts in place.
A wealth of work in the pipeline, including across new synergy sectors that provides opportunity for further growth.
Opportunity for premises expansion and equipment investment for product diversification.
