Distributor of Plastic Model Kits, Jigsaws & Associated Accessories
Consumer, Food & Retail
Imports & distributes a range of over 15,000 products including plastic model kits, paints, jigsaws & accessories in the model, hobbies & crafts market.
Products are distributed to over 300 independent retailers, large corporations or purchased directly by consumers.
- Experienced significant sales growth throughout 2020.
- One-stop-shop for customers its 60,000ft warehouse provides capacity to stock a comprehensive range of products.
- Extensive range includes 15,000 products distributed to over 300 independent retailers.
- Holds long-standing relationships with trade customers, some lasting in excess of 10 years.
- 88% retention rate for trade customers.
- Exclusive UK distributor of products for several key suppliers.
- Operates a fully integrated stock management system & conveyor belt system. allows for easily up-scalable processing speeds to fulfil additional orders.
- During the first UK lockdown, direct sales for jigsaws increased 1,000%, due to the business’s sizable stock holding most orders were supplied from stock.
- Currently occupies 65% of warehouse space with significant room available to up-scale operations.
- Recently hired a new member of staff responsible for managing social media profiles.
- Social media manager has been charged with increasing the volume of direct sales to boost the company’s current profit margin.
- Website in development designed to increase the number of sales into Europe, set to launch 2021.
- Potential for a larger, international acquirer to expand into the UK market.
- The additional resources of a larger acquirer will accelerate growth by increasing the company’s cashflow, which is currently restricting its development.