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Manufacturer & supplier of polypropylene bags in a variety of shapes & sizes for applications such as greetings cards, artwork, photographs & calendars. The company is also able to create custom bags for other purposes. Additionally distributes envelopes for greeting cards & provides an automatic greeting card wrapping service. Supplies products primarily to the UK market, but has clients in Europe & the USA.
* Gross Profit: £460,000
* Adj. EBITDA: £230,000
* Key Aspects: Longevity in the business - the company has been manufacturing film packages for almost 2 decades.. Provision of complementary services - sale of envelopes for greetings cards & an automatic greeting card wrapping service.. Additionally able to prepare & print personalised information & add branding or price labels.. In-house operating system assists with the completion of tasks such as issuing order acknowledgements, work instructions & dispatch notes.. Purchased a new automatic greeting card wrapper in 2015 to provide an alternative service for larger clients who have orders too large to be hand-wrapped.. Enjoys a diverse range of clients from large greeting card manufacturers through to artisan card makers, with a strong order book of loyal customers.. Of the top 10 customers, the average length of relationship is 9 years, demonstrating the company's customer loyalty & outstanding service.
* Opportunities: Expansion of the premises may enable the provision of a larger variety of bags & envelopes in addition to increased production.. Introduce new services to complement existing provisions - hand bagging & fulfilment services have been identified as opportunities for growth.. Develop a more sophisticated online ordering system to interact with the company's in-house operating system.. Increase manufacturing volumes, potentially with the introduction of a second shift.. Pursue further international contracts, particularly expanding within Europe.
* Potential Purchasers: Manufacturers & distributors of polypropylene & cellophane bags & wraps including micro-perforated bags.. Manufacturers of general food packaging materials including vacuum & film wrapping.. Large greeting card & calendar printers & distributors.. Manufacturers & distributors of other types of plastic bags.. Manufacturers & distributors of envelopes.. Manufacturers of stationery looking to keep packing in house.. Manufacturers & distributors of paper packaging products.. Manufacturers & distributors of shrink wrap & laminate.
North England UK
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