Business sale


– Recycler and reprocessor of synthetic fibres, working with manufacturers of non-woven felt, thermal protection products and customers in the geotextiles, automotive and equestrian sectors

– Processes approximately 50 tonnes of industrial synthetic waste material each week, of which around 90% would otherwise have gone to landfill

– At the forefront of product research and development, with established in-house technical knowledge

– Material recycled by the Company was used in the equestrian events at the London 2012 Olympics

– Longstanding family business, having operated in the same region of Lancashire for 47 years, developing relationships with some customers and suppliers since incorporation

– Consistently profitable and cash generative

Growth opportunities

  • The Company currently doesn’t charge gate fees, but with growing environmental pressure to improve recycling rates and increasing landfill taxes, there is potential to increase turnover by charging gate fees to remove waste products
  • Potential to diversify the types of textiles processed, carpet recycling presents an excellent opportunity for further growth
  • The Company was one of the first worldwide to develop the use of synthetic fibres and chopped felt for use in all-weather equestrian surfaces. There is significant demand to increase the sales of this material type into the Middle East in countries such as United Arab Emirates

Financial performance

Year ended 30 September2017 Statutory £’0002018 Statutory £’0002019 Statutory £’0002020 Forecast £’000
Gross profit447476500506
Maintainable EBITDA252284307312
If you have any questions or would like to discuss the opportunity further, please get in touch using the button below.
Peter Kelly

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