Designer and manufacturer of unique modular office pods and meeting rooms
Designer and manufacturer of unique modular office pods and meeting rooms
Overview
Description
The company designs and manufactures a range of innovative, patented office pods and modular working spaces, priding itself on delivering high-quality products with transparent, cost-effective pricing for clients based across the UK and overseas.
Utilising in-house manufacturing capabilities and a loyal, knowledgeable team, the company is able to develop bespoke products catered to its clients’ specific requirements, which has enabled it to secure orders with a multitude of prestigious clients.
Our client is now offering the company for sale as they believe that a buyer could effectively drive further growth and ensure that the company achieves its full potential.
Key Highlights
-The company occupies a unique space in the market, with its dynamic, aesthetically pleasing working spaces presenting clients with a low-cost solution that can be effectively integrated into all office environments.
– Benefitting from a broad client base and a presence within a range of sectors, the company has no reliance on any individual account to supply over 4% of turnover.
– Highly skilled and dependable team in place, with the Director advising that they would be happy to remain with the business, post-sale.
– Operates from two strategically located sites in South East England, which feature full in-house manufacturing facilities and a dedicated showroom.
– Retains significant scope
for further expansion, with opportunities to significantly increase turnover with investment into new facilities and the implementation of a focused sales and marketing strategy.
Financial Highlights
– Achieved turnover of £540k in YE22, with an EBITDA in excess of £230k.
– Management turnover of £1m in YE23, as demand for the company’s unique products continues to grow rapidly.
– The company has achieved consistent year-on-year growth since its inception.
– Maintains strong gross profit and EBITDA margins, averaging 71% and 44%, respectively, across the last two years.
– Maintains a steady pipeline of upcoming work throughout the year, which typically consists of up to two months’ projects at any given time.
Is this business relocatable:
Is this business home based:
Is accommodation included:
Is this In administrative/receivership:
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