Project Enodia

OPPORTUNITY SUMMARY

PROJECT ENODIA

A LEADING PROVIDER OF ROADSIDE RECOVERY AND ASSISTANCE SOLUTIONS – OPERATES NATIONALLY

OPPORTUNITY SUMMARY

FINANCIAL PERFORMANCE

1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500 5,000

16,000

14,000

12,000

10,000

8,000

6,000

Turnover £'000

4,000

Adjusted EBITDA £'000

2,000

- 500

-

YE19 Stat

YE20 Stat

YE21 Stat

YE22 Mgt

YE23 Proj.

Turnover

Adjusted EBITDA

FINANCIAL HIGHLIGHTS

A Turnover of £13.1m in YE22 with an adjusted EBITDA of £4.4m. A YE23 projected turnover of £13.6m. A Average gross profit margin of 32% over the last four financial years. A 83% increase in adjusted EBITDA since YE19. A Cash generative business with shareholder funds in excess of £12m.

PROJECT ENODIA

OVERVIEW

The company is a leading supplier of vehicle recovery and transportation solutions for UK businesses, specialising in offering both servicing and storage solutions. Operating a unique, technology-driven model, the business delivers an exceptional standard of service for all of its clients, with its strategically located premises facilitating the efficient provision of its services. Our clients are offering the company for sale to the facilitate the retirement plans of the majority shareholder. They are willing to provide a mutually agreeable handover period, if required.

vehicles in its fast growing fleet 150

share of the market 30% Holds a

Offers invited.

A Focuses on the efficient utilisation of assets to deliver long-term value for its clients and stakeholders, with it targeting growth in key market sectors. A Holds PAS 43 accreditation, the specification for the safe working of vehicle breakdown and recovery operations. A Has 4,200 clients across the automotive sector, 60% of whom provide ongoing, reliable revenue. A 35% of the company’s income is derived from contracted revenue, with the majority of its clients signed up to five-year contracts. A Core clients provide regular daily volume, whilst an abundance of smaller clients utilise its services on an ad hoc basis. A Candidate available to take on greater responsibilities within the company. KEY HIGHLIGHTS

CONTACT

KBS Corporate KBS House, 5 Springfield Court Summerfield Road, Bolton BL3 2NT +44(0)1204 555 060

All enquiries should be made in the first instance to: Alison Horton Senior Research Analyst alison.horton@kbscorporate.com +44(0)1204 803 797

info@kbscorporate.com www.kbscorporate.com

Disclaimer: This information, which does not purport to be comprehensive, has been provided by our client and has not been independently verified. No representation or warranty, express or implied, is or will be given by our client, its directors, employees or advisers or any other person as to the accuracy or completeness of this information and, so far as permitted by law.