Palletised goods haulage services

Our clients are now offering the company for sale as part of their long-term retirement plans, advising that they are also open to remaining with the business and working alongside a buyer to drive further growth.

Key Highlights

– Focused on the collection and delivery of small consignments of palletised freight, utilising a fleet of modern vehicles that are fully compliant with all London HGV legislation.

– In addition to its core pallet services, the company offers general haulage and warehousing solutions, providing dependable streams of supplementary income.

– The company has significant capacity on its O licences across all sites, allowing it to increase its fleet by 25 HGVs and 28 trailers.

– Clients include large organisations in the transport, food, beverage, retail, e-commerce and manufacturing sectors.

– Maintains strong, long-standing relationships with clients, some of which span over 23 years, with 95% of clients providing reliable, repeat custom.

– Dependable management team in place, demonstrating the skills and expertise required to manage day-to-day operations on largely independent basis.

Financial Highlights

– Turnover of £12.7 million in YE24, with an adjusted EBITDA of £1.2 million.

– Projected turnover of £13 million in YE25, with adjusted EBITDA of circa £1.3 million.

– Ongoing contracts with a leading pallet network reliably provide circa 40% of turnover each year.

– The company has continually invested in the development of its fleet, which consists of 36 vehicles and 29 trailers, collectively costing over £1.92 million.

– Whilst revenue was temporarily affected by the impact of the Covid-19 pandemic, the business has emerged in a position of strength, with turnover and adjusted EBITDA having now reached record levels.