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Small Textile Manufacturer Making Marine Canvas, Plymouth
Plymouth, Devon, South WestIdentity protected
Available

About this business
Since 2002 this Plymouth workshop has cut and sewn canvas and technical fabrics, making boat covers, sprayhoods, awnings and bags for boat owners, chandlers and local businesses. It owns its industrial unit, which is included, and employs six people. Turnover has stayed around £530k, while adjusted EBITDA has risen from £70k to £84k. A buyer gets skilled machinists, the premises and a trade tied to the city's boating community.
Key investment highlights
- Freehold industrial unit included
- Trading since 2002
- Team of six skilled machinists
- Adjusted EBITDA of £84k
Reason for sale
The owners are retiring and would like the machinists to keep their jobs.
Nothing flagged on the two questions buyers ask first
No flagRevenue going backwards and one client being too much of it are the two things that end most deals in due diligence. Both are shown here up front, from the figures the seller supplied.
- Revenue directionNo flag
Turnover is flat year on year.
- 2021: baseline
- 2022 (+2.4%)
- 2023 (+0.6%)
- 2024 (-1.3%)
- 2025 (+3.1%)
- 2026 (-0.7%)
- Peak 2025 to latest 2026: -0.7%
6 years of turnover, 2021 to 2026, as supplied by the seller.
- Client concentrationNot stated
The seller has not declared what share of revenue the largest clients represent.
No declaration supplied. Client concentration cannot be derived from accounts.
EBITDA margin widened from 13.7% in 2021 to 15.8% in 2026.
These are observations from the supplied figures, not a view on whether this business is worth buying. Nothing here predicts an outcome.
Computing valuation...
What happens next
Submit an enquiry to the seller. Once they approve it, you sign a non-disclosure agreement and gain access to the information memorandum, the financials and a secure deal room with the seller.

