Prominent independent supplier of industrial products

Project Laurian retains a leading position in the supply of industrial products and components; the vast stockholding ensures that customers can purchase products to suit projects of all sizes.

The stock includes pipeline, tools, fasteners, PPE, steel, and janitorial supplies.

The group maintains strong working partnerships with over 100 leading global suppliers, enabling the branches to retail well-known brands.

A fleet of vehicles streamlines the delivery of customer orders within a 50-mile radius of each branch.

Our clients are offering the group for sale to facilitate early retirement plans. Offers invited.

Key Highlights

– 24,000+ product lines.

– 2,400 active customers.

– Customers operate within sectors such as construction, automotive, food and drink, engineering, agriculture and aerospace.

– Proficient sales team maintains regular contact with customers, playing a key role in customer retention and upselling.

– Major customer accounts benefit from tailored pricing structures, retained on 12-month, fixed-rate agreements.

– Strong second-tier management team in place; workforce is renowned for its technical expertise and operational excellence.

– Three strategically located branches in the west of Great Britain, which are leased from one entity within the group.

– Premises can be included in the sale.

Financial Highlights

– Generated a YE23 turnover of £10.57m, with an EBITDA of circa £650k.

– Forecast to achieve a YE24 EBITDA of circa £770k.

– Operates without reliance on any particular account or market; no customer generates more than 10% of the turnover.

– UK-wide sales are facilitated by the three branches and the optimised e-commerce website.

– Approximately 80% of customers make repeat purchases, with some relationships spanning over 35 years.

– Circa £100k of live quotations at any one time, with prospective orders and customers anticipated to become highly lucrative relationships.