Project Fish

Overview

Azets Corporate Finance has been instructed to find a purchaser for an internet-sales driven manufacturer and supplier of windows and Bi-fold doors to trade and end-users.

Key Selling Points

• 84% of sales are generated and ordered directly from the website. No customer-facing sales-persons are employed.
• Consistent long-term growth and exceptional profit margins.
• Highly cash generative- customers pay in full at point of order and finished products are delivered 2-3 weeks later.
• Manufacturer of a breadth of high-quality Aluminium and UPVC Bi-fold doors and windows.
• Operates from three adjacent modern leasehold units located in the Midlands.
• Loyal workforce – the majority of employees have been with the company for more than 10 years.
• Significant capacity for growth:
  • Increase shift patterns from single to double;
  • Entry into commercial property market; and
  • Further development of website.

Financials

FY18

Turnover – £5.2m

Adjusted EBITDA – £1.5m

Reason For Sale

Having established a highly successful business, the Shareholders are now seeking to realise the value that they have created. The consider that and acquirer with appropriate focus and resources would be very well placed to maximise the growth opportunities available to the Group.

Next Steps

For further information please contact:

Phil Eggleshaw

Corporate Finance Assistant

M: +44 (0)7815 725 314

phil.eggleshaw@azets.co.uk