A WELL-REGARDED FUEL MANAGEMENT SYSTEMS SPECIALIST

OVERVIEW

The company operates at the forefront of the fuel management market, offering design, manufacture, installation and maintenance services to a national client base.
The business’s offering encompasses fuel management systems, pumping and dispensing equipment, tank management systems and intuitive software.
Having overseen the company’s continued expansion since its inception, our clients are now offering the business for sale to facilitate retirement plans.
Offers invited.

KEY HIGHLIGHTS

Serves clients and fleet operators in various sectors, including logistics, waste management, construction and local authority.
Benefits from 3,000 active clients, supplying the business with a reliable stream of revenue.
25% of the business’s annual income is secured through contracts.
Operates from leasehold premises which are owned by the shareholders.
An ideal acquisition for complementary service providers looking to diversify their offerings and enhance their fuel management market presence.

FINANCIAL HIGHLIGHTS

Generated a YE22 turnover of £3.2m with an adjusted EBITDA of £725k.
Adjusted EBITDA has increased by 47% over the previous four years.
Turnover is expected to reach £3.5m in YE23.