Acquisition Opportunity
Fuel Management Systems, Software and Security for Sale
Market Leaders in the provision of fuel management solutions to the commercial transport industry.
The Company design, develop, manufacture, install and service a complete range of fuel management systems, diesel fuel pumps and fuel storage tanks.
Suppling a wide range of ancillary equipment for the commercial re-fuelling industry to complement their own product range.
The privately owned Company currently have more than 27 members of staff with many years’ experiences in the commercial vehicle re-fuelling industry. At present the Company are suppliers to a large variety of blue-chip companies offering reliable products and versatile systems that are uncomplicated, robust, and easy to use.
The last four years have seen total sales of £9,430,724 with a total combined non-adjusted EBITDA of £1,178,836.
2022 draft accounts show a turnover of £3,166,000 and Profit before tax of £640,000. The rise in turnover and profits is attributed to successfully securing contracts they have been working on for over a year, higher profit margins due to higher demand and the sector being more buoyant due to the price of fuel and the need for companies to protect and manage their fuel stock.