Overview
Description
The company offers traction-only and full transportation services across the UK. It utilises a large well-maintained fleet of vehicles, comprising of curtainsided trailers and rigids, which enables it to operate 24/7. Its largest vehicle, a 26 ton rigid, has an 18 standard pallet capacity.
The company is being offered for sale to facilitate the Shareholders’ retirement plans.
Offers invited.
Key Highlights
– A member of the Palletline network and the RHA, which assures clients of the quality of its services.
– Caters to 47 active clients, circa 51% of whom provide reliable, repeat business, with some relationships spanning up to 15 years.
– Considerable opportunity for further expansion through the growth of its client base.
– Part of a buoyant market, which is set to enter a period of growth over the next five years.
– Experienced team in place to run the business on a day-to-day basis.
– Operates from leasehold premises, which are centrally located to provide easy access to all parts of the UK, including its major ports.
Financial Highlights
– YE23 turnover of £8.1m, with an EBITDA of £542k.
– Shareholder funds in excess of £1.9m in the same year.
– Turnover increase of 138% between YE20 and YE23.
Is this business relocatable:
Is this business home based:
Is accommodation included:
Is this In administrative/receivership:
Is stock included:
Listed By:
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