ACQUISITION OPPORTUNITY – PROJECT SCARLETT

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The opportunity to acquire the business and/or assets of an innovative, multi awared winning end-to-end logistics specialist

Overview
Well established provider of UK-wide logistics solutions to well-known brands, offering a complete warehousing and distribution service, across all stages of the supply chain.

A modern, well-maintained fleet of vehicles (from articulated lorries to small vans) ensuring that goods are delivered on time and in the condition expected.

Nationwide warehouseing facilities delivering safe, secure storage, over a short-or long-term period, efficient stock management, and specialist handling of goods.

Key Features

  • Annualised turnover of approximately £3.2m;
  • Diverse customer base;
  • Ongoing contracts and recurring revenue;
  • Experienced workforce comprising 21 full time employees, including 1 Director;
  • Several industry awards and customer accreditations;
  • Member of a national UK haulage/delivery network;
  • Member of the Road Haulage Association; and
  • Multiple trading locations across the UK

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Assets for Sale

  • Goodwill
  • Intellectual property
  • Website
  • Tangible fixed assets, comprising/including motor vehicles and equipment
  • Customer contracts
  • Book debts

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Summary Financial Information

£’000

FY23

 

Actual

FY24

 

Mgmt

5m to

Jun-24

Mgmt

Income Statement
Turnover3,2453,3181,348
Gross Profit2,2751,039144
Net profit/(loss)60553
Statement of financial position
Fixed assets170184185
Current assets6271,0741,052
*Five-month period only

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Process
Further information can be obtained from KBL Advisory on completion of a standard non-disclosure agreement.

KBL Advisory is requesting indicative offers, supported by proof of funding by 5pm on Tuesday, 20 August 2024
with a view to completing a transaction as soon as possible thereafter. We reserve the right to close the bidding
process early or extend the deadline for indicative offers without liability or advanced notice.

All correspondence in relation to this opportunity should be directed to KBL Advisory as follows:

Sarah Bates     
KBL Advisory Limited
Tel: 07414 932581
Email: sarah@kbl-advisory.com

or

Julie Webster
KBL Advisory Limited
Tel: 0161 637 8100
Email: julie@kbl-advisory.com

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IMPORTANT NOTICE

Purpose
This document (the ‘Document‘) is sued by KBL Advisory Lmited (‘KBL Advisory‘), as agent for the company referred to in this
document (the ‘Company‘ or ‘Project Scarlett‘), on the terms and conditions set out below for the exclusive use of the persons
to whom it is being presented (and their advisors) in connection with the proposed acquisition of the business and/or assets
of the Company (the ‘Proposed Transaction‘).

In issuing the Document, KBL Advisory is acting for the Company and no other party in connection with the Proposed Transaction.
Should this document be communicated to any third party, this limiation must be made known to the third party and their
acknowledgement received prior to any information being passed.

Verification
The information in the Document has been provided by the Company.

No representation or warranty is given or is to be implied by or on behalf of any of KBL Advisory, the Company, the Directors of the Company or any other
person as to the accuracy or completeness of the information or opinions contained herein and no liability is accepted for any such information or
opinions.

The information in the Document is communicated as a guide to assist recipients in deciding whether to consider the Proposed Transaction further. It is
not intended to form the basis of any transaction.

Recipients must make their own independent assessment of the opportunity and should obtain independent professional advice.

Distribution
The document is intended for the exclusive use of the persons to whom is is being presented (and their advisors), on the express understanding that the
information contained herein will be regarded and treated as strictly confidential. No part of the Document may be reproduced, stored in a retrieval system,
or transmitted in any form without the prior written permission of KBL Advisory.

No action has been taken to permit the distribution of the Document in any jurisdiction where such action is required to be taken, other than in the United
Kingdom. The Document does not constitute an offer or solicitation by anyone in any jurisdiction in which such offer or solicitation is not authorised or
to any person to whom it is unlawful to make such offer or solicitation.

Recipients of the Document in jurisdictions outside of the United Kingdom should inform themselves about and observe all applicable legal requirements
in their jurisdictions.