A MANUFACTURER AND SUPPLIER OF TEXTILE MERCHANDISE FOR A RANGE OF LEADING ENTERTAINMENT BRANDS
A MANUFACTURER AND SUPPLIER OF TEXTILE MERCHANDISE FOR A RANGE OF LEADING ENTERTAINMENT BRANDS
Overview
Description
Turnover of circa £4.4m in YE21, with an adjusted EBITDA of £522k.
Projected turnover of £6.5m in YE22. Manufactures high-quality bedding and other soft bedroom accessories for a diverse range of film, TV, video game, character and sports franchises, creating innovative products using new technologies and sustainable materials. Long-standing relationships with many brand owners, providing a range of textile products suitable for toddlers to young adults, including innovative and sustainable designs.
Products are sold to over 60 of the UK’s largest retailers, including supermarkets, clothing stores and homeware stores, and via its popular Amazon store, with the company receiving a high volume of repeat business. Shareholders are willing to remain in their roles to assist a buyer with taking the business to the next level. Operates from ideally located leasehold premises. Growth opportunities will include the introduction of new licenses and products into its portfolio, increasing its range in retail stores. Geographic expansion into Europe and the implementation of operational efficiencies could also be beneficial. Order book is currently valued at circa £900k for January and February 2022.
Projected turnover of £2.3m throughout Spring 2022, with further opportunities to benefit from new and existing client relationships expected to emerge throughout the year. The Shareholders are offering the company for sale as they wish to realise the assured wealth derived from the value of the existing business, its goodwill and potential, whilst facilitating further growth. Offers invited.
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