Supplier of specialist mobility equipment for children – based in northern England

The company is being offered for sale as the shareholder wishes to focus on other, unrelated interests. Offers invited.

Key Highlights

– Offers a comprehensive end-to-end service from initial contact through to the delivery of the product, with helpline, live virtual and in-person demonstrations offered.

– Exclusive agreements are in place with five of seven of the company’s suppliers, covering the sale of their products within the UK. This includes a range of all-terrain pushchairs and double buggies for children aged three years upwards.

– Preferred supplier for some of the UK’s largest children’s charities, with an established and growing network of contacts within the charitable sector, health and social care, special schools and family support organisations.

– Highly visible on Google searches, with many leads generated through parent and professional word of mouth.

– Caters to UK-based parents or carers of children with additional needs, with the majority funded through charities and the NHS personal wheelchair budget. Additional revenue is derived from self-funded individuals.

– Experienced management team in place.

– Operates from leasehold premises.

Financial Highlights

– Turnover of £785k, with an adjusted EBITDA of £188k.

– Projected turnover of £1.1m with an adjusted EBITDA of £340k.

– Current pipeline of orders is valued at £89k, with scope to increase this further through targeted outreach to clients who are yet to place an order.