Operating nationally, the company specialises in designing furniture for challenging environments, including lounge seating, bedroom and living room cabinets, dining tables and chairs, beds, and soft furnishings. The company provides a seamless, end-to-end service that includes display days, delivery, and removal of packaging.
Having developed an exceptional reputation for quality, delivery, and service, the company has established itself on various NHS Trust frameworks and as a preferred supplier to many private sector organisations. These provide a large number of repeat orders for the company.
Our clients are now offering the company for sale to facilitate their retirement plans.
Offers invited.
Key Highlights
– Serves customers nationwide within the challenging environment, residential care, and hospitality sectors, achieving a high customer retention rate.
– NHS approved framework supplier.
– Has achieved ISO 9001, ISO 14001, and Carbon Neutral certification, as well as being FSC certified.
– Operates from easily relocatable leasehold premises.
– Could introduce the wider sale of soft furnishings to expand revenue, as it has already experienced success with sales of this product to an existing customer.
– Investing in additional sales representatives would enable the company to secure customers in several, currently untapped areas in the UK.
Financial Highlights
– Turnover of £870k in YE23, with an adjusted EBITDA of circa £120k.
– Outturn of £1m for YE24, with an adjusted EBITDA to date of £150k, based on 10 month management figures.
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