ID : 38686
Independent importer & distributor of softwood, hardwood and decorative & constructional wood-based products. Distributes to buildersâ?? merchants, kitchen & bedroom furniture manufacturers and specialist & general joineries, operating from two sites in Northern Ireland.
* Gross Profit: £2,305,000
* Adj. EBITDA: £1,130,000
* Key Aspects: Established local company trading for over 200 years.. Strong relationships with key customers & suppliers.. Rolling annual supply contracts in place with long-standing customers, including the fire service, councils & schools.. Diverse customer base, with no single customer accounting for more than 10% of turnover.. Supplies a high-quality & unique range of softwood & hardwood timber as well as construction & decorative panel products such as chipboard, blockboard, plywood & medium-density fibreboard (MDF).. Owns a sawmill facility used to process products.. Loyal & highly-experienced workforce.
* Opportunities: Geographical expansion – potential to supply hardwood to customer base in Ireland & expand services to the rest of the UK.. New products – discussions underway with new suppliers to diversify product range.. Improve processes – order picking process currently under review to reduce customer lead times.. Improve processes – opportunity to integrate handheld scanners for the order picking process into the new computer system & incorporate this to all sites.. Online presence – relaunch company website with an element of e-commerce trading to increase sales, improve service & further establish an online presence.
* Potential Purchasers: Importers & distributors of timber & wood-based products.. Processors & producers of softwood & hardwood timber products.. Timber merchants.. Sawmill operators.. Bespoke joinery suppliers.. Large manufacturers of timber & joinery products (fencing, doors, stairs and kitchen & bedroom furniture).