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A HIGHLY REGARDED STEEL STOCKHOLDER SPECIALISING IN THE PROVISION OF HIGH-QUALITY STEEL PLATE – BASED IN NORTH WEST ENGLAND AND NORTHERN IRELAND

  • Leasehold Price: Offers Invited
  • Annual Turnover: £15,000,000
Seller Reference: 151957
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Business Description
Seller Reference: 151957
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Business Description
Turnover of £15m in YE21, with an adjusted EBITDA of £1.1m. Forecast turnover of £25m in YE22. Turnover increasing year on year, showing growth of 170% between YE17 and YE21. Products include steel road plates, prime strip mill plates, reversing mill plates, hot rolled steel and over-rollings. Supplies circa 150 commercial and industrial clients across the agricultural, quarrying and general engineering industries, 80% of whom provide reliable, repeat business on an ongoing basis. Long-standing relationships with clients, including some blue-chip names, several of which now span 15 years. International sales generated by clients in France and the Republic of Ireland accounting for c10% of overall turnover. Strong second-tier management team in place. Operates from two leasehold premises based in North West England and Northern Ireland. Our Clients are offering the business for sale as the majority shareholder wishes to pursue an alternative career. Offers invited
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