Manufacturer of Plastic Fans for Chemical Fume Extraction – Based in the West Midlands
Manufacturer of Plastic Fans for Chemical Fume Extraction – Based in the West Midlands
Overview
Description
Overview
Priding itself on its high-quality products, the company provides a comprehensive range of plastic corrosion-resistant fans alongside an array of services to compliment its product offering.
As a specialist in the field, the business can design a bespoke fan tailored to the client.
Demonstrating its attention to detail, the business’s 2G and 3G fans meet all required standards.
Our clients are now offering the business for sale due to health reasons and to facilitate retirement plans.
Offers invited.
Key Highlights
– Works with a number of sectors such as chemical, food processing, plating industries, waste water treatment and refuse incineration.
– By operating across a comprehensive range of sectors, the business has protected itself against an economic downturn in any particular industry.
– Benefits from client loyalty and has worked with many large and prestigious organisations.
– Operates from leasehold premises that are currently owned by the shareholders and may be purchased by the company in the future.
– Efficient and experienced management team in place.
– Provides an ideal bolt-on acquisition for companies looking to extend their service offering and client base.
Financial Highlights
– Turnover of £1.7 million in the first eight months of YE24, with an EBITDA of £400k.
– Turnover of circa £2.6 million in YE23.
– EBITDA of £410k achieved within the same year.
– Gross profit margin of 63%.
– Has experienced year-on-year growth.
– Has gained three new clients for YE23 that should generate an additional £265k per annum.
– The company also has a multitude of large ongoing projects.
– The majority of the company’s custom is generated from the UK, which accounts for 90% of its sales. The remaining 10% of sales are split between Ireland and other countries worldwide.
– Owns a small parcel of land at the back of its premises, which is included in the sale.
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