A HIGHLY REGARDED SUPPLIER OF PLUMBING, HEATING, MECHANICAL AND DRAINAGE FITTINGS – BASED IN LONDON

Turnover of £2.3m, with an adjusted EBITDA of £387k. Supplies plumbing, heating, mechanical and drainage fittings to
domestic, commercial trade and public sector customers , offering the most comprehensive range of products in London at competitive prices. Products include boilers, radiators, sanitary ware and pipework, including underground, soil, waste and drainage, as well as tools, fixings and fittings. Works with 700 customers, 450 of whom have live credit accounts.
Receives a high volume of repeat business, with many relationships spanning over 10 years. Customers range from blue-chip organisations to private trade individuals. Experienced management team in place, with the Shareholders
currently playing only a minimal role within the business. Operates from conveniently located leasehold premises.
Ideally placed to explore opportunities for further growth, including geographic expansion as well as an increase in sales and marketing activity. The Shareholders are offering the company for sale as part of their retirement plans. Offers invited.