The company is a wholesaler, importer, and distributor of a comprehensive range of body jewellery and silver jewellery across the UK.
As it has been established since the initial body jewellery movement, the company has become one of the UK’s leading suppliers and has built a strong, long-standing, repeat customer base that includes blue-chip organisations.
The business is now being offered for sale to facilitate the shareholders’ retirement plans.
Offers invited.
Key Highlights
The product range is unrivalled in terms of the number of designs and choices available in each product category.
serves many high-street retailers; these include everything from small independent multiples with four-to-six shops each to a jeweller retail chain, which has 115 stores nationwide.
strong second-tier management in place that can undertake daily operations and drive business development with minimal oversight, providing a turnkey opportunity.
operates from leasehold premises.
could develop and launch a retail website to enable the company to introduce D2C sales.
The packaging of the products could be redeveloped and improved to create a more recognisable brand image, as the brand has already been promoted online via retailers that stock the products.
Financial Highlights
achieved a turnover of £1.4m in FY24 with an adjusted EBITDA of £523k.
average gross profit margin of 52% between YE21 and YE24.
average adjusted EBITDA margin of 36%.
