Established Pallet Distribution and Storage Company – SOLD – 7160

Location: Hertfordshire
Turnover: £4,272,628
Profit: £896,125

  • Member of Major Pallet Network
  • Established 33 Years
  • 43 x Experienced Staff
  • Nationwide Coverage
  • 28 Vehicle Fleet
  • 3 x Sites

The Business

The Business was established 33 years ago by the current owners and has grown from strength to strength. This Hertfordshire based Distribution & Storage Company has established a strong position within the pallet distributions market and prides itself on its first class reputation and customer service. They are a member of Palletforce network, have secured warehousing and also offer a pick and pack operation to clients.

The service area includes lucrative and affluent postcode regions and with the infrastructure and support of the network, the Company is able to offer a nationwide next day delivery service.  There is the ability to send pallets into Europe through the pallet network. The owners are the Directors that work with in the business, but can be easily replaced on a day to day basis.

The business boasts a large, established database and currently has over 160 active clients.  The Pallet Network represent around 64% of the turnover with only further 7 clients that represent around £100k Company’s Turnover. With a diverse range of clients from a mixture of sectors, the Company has the flexibility to meet specific customer orders.

Financial Statement:

Year End Turnover Gross Profit
12 Months YE 2018 £4,272,628 £896,125
YE April 2017 £4,092,118 £749,373
YE April 2016 £3880,469 £728,102