Specialist applicator of technical coatings – based in Yorkshire and the Humber
Specialist applicator of technical coatings – based in Yorkshire and the Humber
Overview
Description
The company is an established and highly respected provider of a diverse range of thin film coatings and pre-treatments, designed to provide low friction, anti-wear, non-stick, and anti-corrosion properties to a variety of substrates. The business has worked closely with clients across numerous industries, including oil, gas, and renewable energy, manufacturing, engineering, and motorsports. As a result of its high-quality services, the company has received approved vendor status from multiple industry-leading organisations. Our clients are now offering the business for sale to facilitate further growth under new ownership and to aid retirement plans. Offers invited.
Achieved a turnover of £755k in YE23, with an adjusted EBITDA of £282k. Attained a gross profit of £403k in YE23.
Projects a turnover of £882k in YE24, with an adjusted EBITDA of £386k. Operates within a buoyant market, with industry revenue anticipated to grow by 3.8% through to 2032. Received ISO accreditation. Benefits from high client retention rates, with 95% of sales derived from the company’s existing network. Works closely with 25 active clients, with key relationships spanning 15 years. Operates from leasehold premises. Significant potential to capitalise on an under-resourced market, gaining a significant foothold and strong market share within the UK.
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