Sector |
Turnover |
Location |
|---|---|---|
| Haulage | £14m | South Yorkshire, UK |
This Business has now been sold.
Business Opportunity
An opportunity exists to purchase the businesses and assets of a two connected UK based Haulage, Distribution, and Warehousing Businesses, both in Administration.
The Companies undertake general haulage services, pallet network distribution and warehousing services to a range of UK blue chip SME’s and Corporates. Headquartered in South Yorkshire the Business operates from 3 logistics centres in the UK including London.
The purchase will be executed at the earliest opportunity. All interested parties will be requested to sign a nondisclosure agreement and specifically deal with the Joint Administrators.
Business Overview
- Haulage, Distribution, and Warehousing Business;
- 3 logistic centres including South Yorkshire HQ and central warehousing facility extending to over approximately 167,000 sqft (15,514 sqm);
- Circa 80 employees;
- Excellent customer basis comprising blue chip SME’s and Corporates and significant levels of contracted and repeat revenues;
- Extensive transport fleet comprising c.100 tractor units and c.160 trailers plus support infrastructure;
- Combined turnover in excess of £14m with consistent profitability in prior years;
- Fully operational leasehold premises;
- Immediately available.
High Level Financial Information
Company 1:
Draft Financial Statements for:
12 Months to 31/3/2014:
- Turnover £6,468,534;
- Gross Profit £1,156,986;
- Net Profit before Tax £162,349.
12 Months to 31/3/2015:
- Turnover £8,754,899;
- Gross Profit £1,506,840;
- Net Profit before Tax £99,368.
12 Months 31/3/2016:
- Turnover £10,489,554;
- Gross Profit £1,986,192;
- Net Profit before Tax £85,065.
Company 2:
Draft Financial Statements for:
12 Months to 31/3/2014:
- Turnover £2,662,021;
- Gross Profit £983,771;
- Net Profit before Tax £46,689.
12 Months to 31/3/2015:
- Turnover £2,897,807;
- Gross Profit £181,787;
- Net Profit before Tax £11,330.
12 Months 31/3/2016:
- Turnover £3,556,902;
- Gross Profit £259,244;
- Net Profit before Tax £35,043.
Premises
Leasehold office and warehouse premises in South Yorkshire.
Assets Available for Sale
- Unencumbered Office Equipment, Plant and Motor Vehicles;
- Goodwill & Intellectual Property;
- Customer Data.
Deadline for Offers
Indicative offers no later than 12 noon on Thursday 16th March 2017, all offers to be supported by proof of funds.
Further information:
Please contact Damian Short by email [email protected] or telephone 0161 359 4332.