UK-LEADING PROVIDER OF SMART HOME PRODUCTS, SOLAR PRODUCTS, LED LIGHTING AND VARIOUS OTHER GOODS – BASED IN SOUTH EAST ENGLAND

  • Price: Offer Invited
  • Annual Turnover: £2,600,000
Seller Ref:152391
For Sale

UK-LEADING PROVIDER OF SMART HOME PRODUCTS, SOLAR PRODUCTS, LED LIGHTING AND VARIOUS OTHER GOODS – BASED IN SOUTH EAST ENGLAND

Seller Ref:152391
  • Price: Offer Invited
  • Annual Turnover: £2,600,000

Description

YE24 projected turnover of £2.7m. Turnover in excess of £2.6m in YE23, with an EBIT of £214k. Provides an extensive range of smart products, including lighting, switches and sockets, wireless kinetic switches, security products, heating and solar products, and LED lighting. Supplies to 2,200 active customers across the UK and Europe, including wholesale, retail and e-commerce customers, and receives a high amount of income through repeat customers. Offers a patented mobile and tablet application which is compatible with many of its products and currently has circa 120,000 users.
CE, RoHS, EMC, and UKCA accredited. Offered for sale to facilitate continued growth under the impetus of a
new owner. Operates from freehold premises, which will be included in the sale. Ideal bolt-on acquisition for complementary service providers. Scope to expand the product range, pursue further geographical expansion, recruit additional staff and invest in new marketing strategies to facilitate growth. Offers invited.

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA

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