Provider of Modern and Cost-Effective Recycling Solutions

Offers invited.

Key Highlights

– Operating in the recycling sector, the company works with nine active clients, all of which provide reliable streams of recurring revenue.

– Strong relationships with fully licensed recycling facilities in the UK and abroad to ensure that the journey of all processed waste can be tracked.

– New recycling legislation enforces businesses to drastically reduce packaging waste and encourages the adoption of a circular economy, which will attract additional clients and increase turnover for the business.

– Waste management industry revenue is anticipated to expand to reach £1.4bn by 2028, which the company is set to benefit from.
Offered as a fully relocatable opportunity.

Financial Highlights

– Turnover in excess of £1.3m in YE23 with an adjusted EBITDA of £215k.

– 54% increase in turnover since YE21.

– The company is currently looking to sell new grades of material to the UK, European and Asian markets, which is set to significantly increase revenue over the next few years.

– 83% of the business’s revenue derived from the UK and Ireland in the past financial year, with Europe generating 17%.