Overview

The company supplies a comprehensive range of single speciality ingredients, including, but not limited, to IQF vegetables, frozen citrus ingredients, dried herbs, herbs, spices, fruits, grains and seeds.

The business also provides bespoke products made to customer specifications, such as UK-produced concentrated, spice pastes, blends, dressings, sauces, flavoured butter and soft cheese portions. Many of these are supplied in either bulk packs or individual sachets.

Our client is now offering the company for sale to explore other, unrelated business opportunities.

Offers invited.

Key Highlights

Excellent cash return with a strong growth rate and resilience against downturns.

Exceptional product range, combining regular with niche lines, as well as a strong reputation for high standards of technical and customer service and wide one stop range.

Holds industry accreditations including BRC Agents and Brokers++.
Works closely with its customers to help the evolution of new products, from concept to the practicalities leading to regular repeat orders year on year.

Worked with numerous customers, such as meat processors, bakeries, sauce producers, free from and vegan food producers, suppliers to UK supermarkets, premium pet food suppliers and breweries.

Benefits from 145 active clients, 80% of whom provide a reliable stream of ongoing business.

Ideal bolt-on acquisition for complementary service providers or for an individual commercial sales person’ based in the UK or overseas.

Financial Highlights

Consolidated turnover in excess of £2.8m in YE22.

Adjusted EBITDA of over £358k achieved within the same year.

Gross profit margins averaging 23%.

Benefitting from a wide-ranging and diverse customer base, the business has no reliance on any particular customer.