The company is a London-based provider of logistics solutions, specialising in the collection and delivery of consignments across London and the surrounding areas.

With an established presence in the city, several well-connected depots and a fleet of ULEZ-compliant vehicles, the company is renowned as a leading supplier in London.

The company has secured a number of long-term contracts with a leading pallet network, ensuring that future revenue remains secure, with its commitment to quality and proven capabilities for delivering KPIs supporting its continued expansion.

Our clients are now offering the company for sale as part of their long-term retirement plans, advising that they are also open to remaining with the business and working alongside a buyer to drive further growth.

Key Highlights

– Focused on the collection and delivery of small consignments of palletised freight, utilising a fleet of modern vehicles that are fully compliant with all London HGV legislation.

– In addition to its core pallet services, the company offers general haulage and warehousing solutions, providing dependable streams of supplementary income.

– The company has significant capacity on its O licences across all sites, allowing it to increase its fleet by 25 HGVs and 28 trailers.

– Clients include large organisations in the transport, food, beverage, retail, e-commerce and manufacturing sectors.

– Maintains strong, long-standing relationships with clients, some of which span over 23 years, with 95% of clients providing reliable, repeat custom.

– Dependable management team in place, demonstrating the skills and expertise required to manage day-to-day operations on largely independent basis.

Financial Highlights

– Turnover of £12.2 million in YE23, with an adjusted EBITDA of £1 million.

– On track to achieve turnover of £12.5 million in YE24, with adjusted EBITDA also on course to reach circa £1.1 million.

– Ongoing contracts with a leading pallet network reliably provide circa 40% of turnover each year.

– The company has continually invested in the development of its fleet, which consists of 36 vehicles and 29 trailers, collectively costing over £1.92 million.

– Whilst revenue was temporarily affected by the impact of the Covid-19 pandemic, the business has emerged in a position of strength, with turnover and adjusted EBITDA having now reached record levels.