Project Edenite provides liquid waste tankering services to clients within the film, television and advertising sectors, operating as a licensed waste carrier.

The company also offers facilities vehicle hire solutions for production crews requiring honey wagons, dining trailers, make-up/wardrobe trucks, schoolroom trailers and utility trailers. All facilities vehicles comply with the Ultra Low Emission Zone (ULEZ) regulations.

The business has established loyal relationships with notable studios throughout South East England; approximately 95% of clients retain the company’s services for multiple projects.

Our clients are now offering the business for sale to facilitate a planned exit strategy. They are flexible with regards to the structure of the sale. Offers invited.

Key Highlights

– Broad range of vehicles ensures that various dimensions are available to suit evolving client specifications.

– Two versatile Managers have enabled the Director to begin taking a step back from active involvement in the business, effectively absorbing upper-level management responsibilities.

– Operates from leasehold yard premises which are ideally located close to major roads in South East England.

– Office and storage facilities can be acquired from our clients under separate negotiations.

Financial Highlights

– Generated a YE23 turnover of £1.88m, with an adjusted EBITDA of £1.1m.

– Adjusted EBITDA margin of 59% achieved in YE23.

– YE25 is projected to at least match the company’s YE22 performance, owing to a surge in activity within the film and television industry following strike action in 2023.

– Average gross profit margin of 71% between YE21 and YE23.

– From YE21 to YE23, the shareholder funds increased by 80%.

– Holds a vast asset register with a value of £1.3m, all of which will be included in the sale.