Distributor of bearing and power transmission components

Utilising its vast stockholding, the company provides a wide array of engineering components the suit customers’ machinery and operational specifications, ultimately minimising downtime.

The business supplies products such as lubricants, greases, bearings, pulleys, drives and hand cleaners. All products adhere to the ISO 9001 and ISO 14001 certification standards.

Whilst 70% of the company’s sales are generated by regional customers, the business works with UK-wide organisations and customers based in Europe. This provides considerable potential for geographic expansion utilising existing relationships.

Our clients are now offering the business for sale to facilitate their retirement plans. Offers invited.

Key Highlights

– Has established a loyal network of customers, including blue-chip entities within the food manufacturing, electronics and fabrication industries.

– Approximately 75% of customers place repeat orders.distr

– Two employees in place who can effectively absorb the managing director’s responsibilities, post-sale.

– Operates from leasehold office and warehouse premises. The site can accommodate a 50% uptick in the company’s turnover without the need for expansion; however, the business could be relocated.

Financial Highlights

– Generated a YE23 turnover of £673k, with an adjusted EBITDA of £125k.

– Up to 95% of the income is procured through existing relationships, some of which have been in place since the business’s inception.

– Order book of £50k, and £100k in active quotes with 25 customers.

– A key outstanding tender is worth £100k; the business has an estimated conversion rate of 80% for its current tenders and quotes.