E-commerce manufacturer and distributor of tools – based in South West England

The company is a manufacturer, supplier and distributor of tools and accessories, primarily catering to the plumbing and heating trade. Operating across six brands, the company caters to both wholesalers and trade professionals, utilising a network of custom built e-commerce websites as well as Amazon.

The company offers over 75.000 distinct products across its websites, including power and hand tools, plumbing equipment, access panels, meter boxes and workwear from leading manufacturers in the sector, as well as several patented own-brand items.

The company is being offered for sale to facilitate the retirement of two of its shareholders.

Offers invited.

Key Highlights

Has cultivated excellent, long-standing relationships with leading manufacturers within the sector, including Milwaukee, Makita, DeWalt, Rothenberger and Sealey.

Proven web and software development capabilities, with the creation of in-house AI-driven stock management, pricing and payment software enabling greater control over day-to-day operations.

Diverse nationwide customer base comprising wholesale buyers, trade professionals and private individuals.

Experienced management team in place led by three shareholders who wish to retain their positions post-sale.

Operates from modern leasehold premises.

Further growth is planned to come from product diversification, new website developments and turning its in-house developed software into a SaaS model.

Financial Highlights

YE23 turnover in excess of £7.2m, with an adjusted EBITDA of £438k.

YE24 management turnover of £8.3m, with an adjusted EBITDA of £514k.

Benefits from annual recurring wholesale business, which accounts for circa £1m per annum.

Current growth plans are expected to generate revenue of £10m by 2026.