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Fri, Jan 27 2023 04:34:37 AM  |  /

Manufacture & b2b Online and Offline Sale of Equipment & Accessories to the Haulage Indust

Business Id:000814     |    Reference: IJ006
Leasehold Price:
Business Description

Business Profile:

Formed in 2010, this business manufactures, sources, imports and supplies a wide range of high quality ratchet straps, slings and accessories for the haulage industry, where load management and load safety is vital.

This opportunity combines two entities managed by two partners, where one business is responsible for online sales and the second business manages face-to-face sales throughout the UK. The financials here are consolidated though offers will be considered for the separate companies if desired.

Circa 20% of current turnover is attributed to offline sales.

From its start the business has had a strong focus on the quality of manufacture of its products, has listened to its customers in the development and supply of new products and remained competitive with online commerce and the introduction of a web-based design/specification & purchase facility available to all prospective customers via its website.

All products are manufactured to strict BSEN12195-2:2001 standards and are available in many sizes for all load sizes. Other lifting equipment; lifting chains and slings are supplied and manufactured to equally stringent and demanding standards.

A key factor in the ongoing success of this company is its strong relationship with staff who have been with the company for many years, combined with strong supplier relationships and in-house manufacturing makes this business robust in managing cost and price.

The business has grown consistently and is now considered to be one of the most trusted and reliable suppliers for its range of products, throught the UK and has in excess of 27,000x customers returning on a regular basis.

This business would appeal to those seeking a well-established enterprise with a proven methodology and a steady, consistent pattern of sales and growth, a consistently strong order book with opportunities for future growth.   


The company has invested in a good level of necessary plant and equipment in order to satisfy its very high standards of service and product quality.  

The business utilises Xero accounting software to run the administrative functions of the business together with databases for all customer and client details.

Customer Service:

The business is committed to a prompt, friendly service, reliability, convenient hours, and reasonable and competitive prices. In providing a high quality product, service and expertise, the business represents excellent value, based on sound advice, honesty and integrity.

Most orders are placed through the company’s online facility, picked & packed in their large storage facility and shipped within hours.

Special orders are manufactured and supplied by agreed timescales.


Key Strengths:

  • Honesty and Integrity
  • Maintainable profitability
  • Strong customer relationships
  • Reliable team and staff
  • Problem solving
  • Quality control
  • Complete turnkey operation
  • Good level of plant and equipment

Key Opportunities:

There is a lot of growth to be gained and it is believed that significant opportunities remain with increasing in-house manufactured products and diversifying the product portfolio, there is also the potential to increase the online presence and market share.

Face to face direct sales remains a profitable part of the company’s operations and is managed from the main premises in Surrey, this could be developed with the introduction of regional managers, developing a more consistent, resident presence around the UK.

Advertising and Marketing:

The business engages in active SEO online marketing and benefits from strong referrals and recurring business from satisfied customers.

The business has an excellent company website that attractively presents the high quality products on offer and provides for online ordering.


The owners run the business ably supported by a 3x staff on site and it should be noted that staff have been working with the company for many years. They understand the company’s quality approach and work to the very stringent standards this business expects and delivers on a consistent basis.

Total Employees are as follows

1 x Administrative and customer relations

1 x Warehouse operative

1 x self-employed Fitters


The premises comprise:

  1. 2x storey frontage with full height access
  2. Warehouse & storage, kitchenette, male & female WC’s
  3. Small factory space within total premises area of circa 3,000 square feet
  4. Sales & Accounts office
  5. Large yard with turning area and parking

The premises is covered by CCTV. There are secure shutters, passcode security gates and the building is alarmed.

Mains services are connected with Gas, Electricity and Broadband.

The current lease is on a flexible basis. Rent & rates are currently circa £29,000 per annum with.

Business Hours:

Monday – Friday:             9.00 am – 5.00 pm          

Financial Information:

The business is being offered for sale on a going concern basis: all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Turnover c. £1,800,000 per annum (2021 accounts)

Gross Profit c. £850,000

Adjusted EBIT c. £480,000 (Before Directors’ drawings)

Net Asset Value c. £282,000

Reason for Sale:

The vendors believe that they have taken the business as far as they can and wish to follow other areas of interest.

Support and Training:

The owners are happy to provide support and training for a negotiated period of time. 

Asking Price:

The Asking Price of £2,000,000 + SAV, is for 100% of the issued capital of the company, assuming Net Assets of circa £281,000 on completion (calculated on a zero cash-zero debt basis). The final selling price will have a £1 for £1 adjustment for any rise or fall in this benchmark circa Net Asset figure of £281,000 at completion.


Business Information
Turnover:£1,800,000.00 Annually
Property Status:   Leasehold
Is this business relocatable: No
Business Sector: Other Manufacturing companies
Statistic Information
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Business Profile
Equipment: na
Key strengths: na
Key Opportunities: na
Financial performance: na
Asking Price: na
Advertising and Marketing: na
Growth and Expansion: na
Premises: na
Business Hours: na
Employees: na
Support and Training: na

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