For Sale
N/A
England
- Asking Price: POA
-
Turnover:
Turnover IRO - £4.6m in 2023.
• 100% share capital.
• Premises available for sale/lease, pending agreement.
• Interested parties will be required to sign an NDA.
- Tenure: Leasehold
Please quote reference number B08305.
The company is a multi-faceted manufacturing and supply business spanning the marine and leisure industries, with a strong focus on the OEM market.
Founded over 40 years ago, this well-established manufacturing and supply company operates across the marine and leisure sectors, with a strong focus on serving the OEM market. The business specialises in high-performance water heating solutions tailored for marine vessels and recreational vehicles, and manufactures a market-leading calorifier known for its durability and performance.
In 2014, the company expanded its product range by introducing plumbing supplies to the marine industry, sourcing products from Europe. Additionally, they manufacture custom fittings for the caravan and motorhome sectors, with certain components produced overseas using their proprietary tooling.
With 74 active customers, the company serves a diverse client base, including yacht builders, equipment suppliers, and private individuals. Its key accounts include some of the largest players in the marine industry, and it has established itself as a preferred supplier to one of the UK's top yacht manufacturers.
Financially robust, the business has experienced steady growth, achieving an impressive turnover of £4.69 million in 2023, with an adjusted EBITDA margin of 20.7%. Positioned to capitalise on the projected 4.5% growth in the UK yacht-building industry in 2024-25, the company is well-placed for continued expansion in the coming years, complemented by internal growth initiatives such as targeting export markets and further product diversificate.
Highlights -
- Manufacturers of the UK’s leading marine and motorhome calorifier;
- Established relationships with some of the UK’s largest yacht builders;
- Operations supported by a team of skilled staff across key roles, including welding, moulding, and machine operations;
- Impressive financial profile, with year-over-year revenue growth and strong EBITDA margins.
Potential opportunities include expanding into European and global markets, offering a wider range of marine and motorhome plumbing solutions, and exploring eco-friendly products like solar collectors. Further growth could also be achieved by developing a wholesale distribution operation in addition to its current OEM focus.
The business employs 11 skilled staff across key roles including welding, moulding, and machine operations.
Due to the nature of the business it operates all year round.
The business operates from premises in England.
The business operates from a large well established building.
Tenure
The premises are available for sale/lease, pending agreement.