Specialist haulage services for clients in the farming and agriculture markets
Specialist haulage services for clients in the farming and agriculture markets
Overview
Description
The company is focused on the provision of bulk farm produce transportation services, utilising its extensive in-house knowledge of the sector to provide clients with dependable and efficient haulage solutions.
Operating nationally, the company predominantly manages the delivery of grain from farms to stores or mills, as well as the transportation of aggregates, with its unparalleled experience in these areas allowing it to provide dedicated solutions for consignments of all sizes.
The company has experienced considerable growth since its inception, with its reputation for providing an exceptional service and unmatched knowledge of the market ensuring the continued strength of the business.
Our clients are now offering the company for sale as part of their retirement plans.
Key Highlights
– Utilises a trusted and loyal network of subcontracted local and national hauliers to manage its deliveries.
– Operates on a national basis, predominantly working with clients in the farming and agricultural sectors.
– The company has gained memberships, certifications and approvals from a number of respected industry bodies, including FORS, RHA, TASCC, FSB and SafeContractor.
– Benefits from strong client retention rates, with 95% of clients providing reliable, repeat business and some relationships spanning over 18 years.
– Operates from leasehold premises in South West England, with potential to be managed on a wholly remote basis.
Financial Highlights
– Achieved turnover in excess of £4.8 million in YE23, with an adjusted EBITDA of circa £427k.
– Turnover is on course to reach £4.4 million in the current year, with adjusted EBITDA anticipated to rise to circa £440k.
– Operates with a lean structure and minimal overheads, enabling the business to maximise profitability.
– Profits have risen year-on-year across the last three years, with adjusted EBITDA increasing by 237% between YE20 and YE22.
– The company is currently turning down new work due to the capacity of its team, presenting an immediate and highly lucrative area of further growth that could be pursued with access to additional resources.
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