Overview
Description
YE23 forecast turnover of £1.4m. Turnover of £1.3m, with an adjusted EBITDA of £701k. Manufactures one of the UK’s leading organic digesters, which is supplied to plumbers’ merchants and online retailers. The product is a highly effective chemical treatment for internal and external drains and is designed to dissolve blockages within minutes. Caters to plumbers’ merchants and online DIY retailers, including some blue-chip organisations. Circa 90% of clients provide reliable, repeat business on an ongoing basis, with some relationships spanning over 20 years. Strong second-tier management team in place. Operates from leasehold premises. Opportunities for further growth could include geographic expansion, the implementation of a streamlined process and increased sales and marketing activity.
The shareholders are offering the company for sale to facilitate their retirement. Offers invited.
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