A manufacturer of biodegradable products for seed suppliers – based in the south west

Products are manufactured utilising in-house production technology and machinery, enabling the company to fulfil both large and small volume orders at highly competitive prices.

The shareholders are offering the company for sale to facilitate their retirement following a period of investment. Offers invited.

Key Highlights
– Provides its comprehensive range of products for a variety of international blue-chip customers, including home garden wholesalers and retailers, promotional agencies and commercial growers.

– Also creates bespoke, cost-effective promotional product solutions for commercial customers.
Receives a regular stream of orders, benefitting from high volumes of repeat business, with some relationships spanning 20 years.

– Strong second-tier management team in place.

– Operates from leasehold premises.

– Significant investment in staff, stock and new capital equipment has enabled it to expand and sustain production capacity.

Financial Highlights

– Turnover of £2.3m in YE22, with an EBITDA of £518k.

– Turnover of £2.2m forecast for YE23.

– Gross profit margin of circa 40%.