Manufacturer/supplier of slate & stone products, and bathroom & kitchen installation specialists

Business
Please quote reference B08070.

The company manufactures and supplies slate & stone architectural products, and operates a 360 design, supply and installation service for bathrooms & kitchens.

Established in the early 2000s, the company is a leading manufacturer and supplier of high-quality slate and stone products, based in North Wales. With the largest showroom in the area, the company also operates a bathroom and kitchen design, supply and installation division, which contributes ~30% to total revenue.

Operating out of a purpose-built factory unit and showroom, the company consists of three divisions: the first specialises in manufacturing and supplying architectural Welsh slate products for construction projects, including walling, coping, windowsills, and hearths. The second specialises in templating and fitting bespoke quartz, slate and granite worktops for kitchens and bathrooms. The third division specialises in the design, supply and installation of high-end bathrooms and kitchens, leveraging synergies with the company’s expertise in stone products to offer comprehensive solutions for residential clients.

With a largely local supply chain, a well-equipped factory, and a team of experienced machinists and manufacturers, the company is able to offer quick turnarounds and excellent quality control, while eliminating the need for outsourcing. Additionally, the company operates the largest kitchen and bathroom showroom in the area, offering porcelain tiles and paving.

Catering to both the construction and consumer DIY markets, the company has won repeat custom from builders’ merchants, developers, smaller contractors and individual customers.

The company has undergone phenomenal growth over the past four years, increasing revenue from £687,715 in 2019 to in excess of £1.1m in 2023.

Key investment highlights include:

• A strong product portfolio with a vast range of architectural slate products;
• Integrated operations with an in-house well-equipped factory unit and large 2000 sq ft showroom, eliminating outsourcing dependencies;
• Largely local supply chain with long-standing relationships and accounts with local Welsh slate quarries;
• Assets worth in excess of £181k, including a fleet of four vehicles and an extensive plant list; 
• Impressive revenue growth, with revenue exceeding £1.1 million in 2023, a significant increase from £687,715 in 2019.

Highlights – 

• A leading North Wales manufacturer and supplier of high-quality slate and stone products;
• A diversified product portfolio, comprising a range of Welsh slate products, kitchen & bathroom materials, and installation essentials;
• Vertically integrated operations with a well-equipped purpose-built factory;
• Expansive 2000 sq ft showroom for the bathroom and kitchen design and supply division;
• Assets worth in excess of £181k, including a fleet of four vehicles and an extensive plant list; 
• Strong local supply chain with long-standing relationships with Welsh slate quarries;
• Loyal customer base amongst major builders’ merchants, developers and contractors.

Opportunities – 

• Scope to grow through expansion into new geographic markets, developing new relationships with builders’ merchants, and strategic marketing.

Location
Based in North Wales.

Premises
The business operates from a purpose built factory unit and showroom.

Tenure
The premises are freehold –  A showroom, factory unit and storage unit available pending agreement.

Hours
Due to the nature of the business it operates all year round.

Staff
There are twelve members of staff.

Financial Profile
Turnover IRO – £1.1m in 2023.

• 100% share capital.
• Interested parties will be required to sign an NDA.