The company supplies in-house designed parts to the automotive aftermarket sector on a wholesale basis, as well as sourcing some products from third-party manufacturers.
The characteristics of the company’s products justifies customers buying ahead and holding a concise stock. Instant availability of products that are familiar through regular use, are easy to fit and that perform reliably once fitted, lead to a high customer retention and reorder rate.
The business is now being offered for sale to facilitate the directors’ retirement plans.
Our clients are open to all types of structured deals subject to terms.
Offers invited.
Key Highlights
- Benefits from over 2,500 active customers, most of which provide repeat orders, with the longest customer relationship spanning 28 years.
- Customers include end users, distributors, and resellers across the UK and internationally.
- Established for almost three decades.
- Operates from leasehold premises based in South East England.
- As its core parts are required for all vehicles, from standard to electric or hydrogen fuelled, demand will remain high in the future.
- Scope to pursue further geographical expansion through reaching out to more resellers and targeting consumables and van sales businesses.
Financial Highlights
- Turnover of £1.1m achieved in YE23 with an adjusted EBITDA of £220k.
- Has experienced an increase in turnover of 90% between YE20 and YE23.
