Business
Please quote reference number B07820.
Founded in the 2010s, the company has established itself as a prominent player in the bulk haulage industry. Based in Northern Ireland, their focus is on providing efficient and reliable transportation solutions for bulk goods across Ireland, the UK, and Europe, transporting everything from peat and scrap metal through to fruit and veg and palletised freight.
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The majority of their work (95%) is based in the UK and Ireland, with a strong focus on Ireland to UK deliveries. A large customer base (50+ active clients) and low client concentration ensures a diversified spread of risk.
The company operates an expansive fleet of articulated trucks, walking floor trailers and bulk tippers, and employs a team of ten staff members, including the shareholder.
Over its seven years of trading, the company has undergone phenomenal growth, turning over £3.18 million in 2022 and £2.98 million in 2023, with EBITDA margins of between 8.5% and 12.5% respectively.
The company’s major points of differentiation include:
- A reputation for dependable, punctual, professional, friendly and price competitive service.
- Experienced rapid growth over the years, exceeding founder’s expectations.
- Strong customer base with repeat business.
- Established infrastructure, with a team of experienced drivers and a fleet of articulated trucks and walking floor trailers.
- Established relationships with suppliers for servicing, parts, and tires.
- Scope to drive revenue growth and improve competitivity, e.g. by allocating resources to identifying and responding to transport tenders and investing in the latest logistics software.
Highlights –
- Established market position in the bulk haulage industry.
- Diversified client base (~55 active clients) with low concentration.
- Proven track record of growth, with revenue for 2022 standing at £3.18 million.
- Established infrastructure with a well-maintained fleet and a team of experienced drivers.
Opportunities –
- Investing in lead generation strategies: Future owners may wish to accelerate growth further by investing in lead generation strategies. This may include developing a website to showcase services and capabilities, advertising in industry trade magazines, networking/building relationships with logistics companies and freight forwarders and allocating resources to identify and respond to transport tenders.
- Fleet and workforce expansion. Future owners may wish to accommodate further growth by expanding the existing fleet and team of drivers.
The company presents an attractive acquisition opportunity for a variety of potential buyers, including:
- Established players in the bulk haulage industry seeking to expand their geographic reach or service offerings. The company’s strong presence in Ireland and the UK, particularly on the Ireland-UK route, could be a strategic fit.
- Local or regional haulage businesses aiming to consolidate their market position and broaden their service offerings. The company’s established reputation and customer base within the UK and Ireland would be valuable assets.
Location
Based in Ireland operating across Ireland, UK and Europe.
Premises
The company operates from rented premises in Ireland.
Tenure
The premises are leasehold.
Hours
Due to the nature of the business, it operates all year round.
Staff
The company has a team of ten staff.
Financial Profile
Turnover IRO- £2.9m FOR 2023.
- 100% share capital.
- Interested parties will be required to sign an NDA.
