An opportunity has arisen to purchase the trade and assets of an established business distributing imaging products, alongside an independent technical services division.

Opportunity

  • Long established B2B distribution business with a range of exclusive contracts for both recognised and innovative new products;
  • Relationships with key retailers in the photographic and video imaging market;
  • Independent service division supporting manufacturers and retailers, by providing a range of end user after‐sales services including repair (in and out of warranty), maintenance and technical support;
  • B2B After‐sales services also provided to ensure accurate stock management and value enhancement – managing retailer returns, repair & refurbishment of products, preparation of stock for resale, loan stock management, WEEE disposal;
  • Experienced, adaptable team of CE product specialists;
  • Low‐cost operation in central UK short leasehold facility;
  • Opportunity to take the business as a whole or to separate the two functions.
  • Holds Environment Agency T11 licenced repair and refurbishment centre accreditation
DISTRIBUTION 2015 (£’000) 2016 (£’000) 2017 (£’000) 2018 (FC) (£’000)
Turnover 2,826 2,769 1,812 1,650
GP 995 854 576 533
Gross Margin 35.2% 30.8% 31.8% 32.3%
Variable Costs (247) (214) (113) (107)
Sales & Marketing (262) (301) (247) (239)
Cont. to Gen Overheads 486 339 216 187
   
 SERVICE  

2015 (£’000)

 

2016 (£’000)

 

2017 (£’000)

2018 (FC) (£’000)
Turnover 1,345 1,316 1,169 933
GP 607 609 530 417
Gross Margin 45.1% 46.3% 45.3% 44.7%
Variable Costs (83) (66) (59) (53)
Cont. to Gen Overheads 524 543 471 364
Fixed Assets 53.0 27.9 14.4 7.9
Net Current Assets (270.1) (247.9) (254.6) (200.4)

 

For Further Information:

All enquiries, including requests for an NDA, should be directed to:

John Kelly

E: john.kelly@begbies-traynor.com

T: 0121 200 8150

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