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Long-Running Vehicle Leasing Company In Suburban Hull
Hull, East Riding of Yorkshire, Yorkshire & the HumberIdentity protected
Available
About this business
A vehicle leasing company in a Hull suburb, trading since 2003 from leased offices. It arranges contract hire, salary sacrifice and finance leases for businesses and individuals, and earns commission from funders. Turnover has grown each year, from £1.85m in 2021 to £2.25m, while EBITDA peaked at £381k in 2023 and has since fallen to £336k. A team of 10 covers sales, account management and administration. A buyer gets an experienced team, a large base of drivers renewing leases and a business with a history going back to 2003.
Key investment highlights
- Trading since 2003
- Turnover up each year to £2.25m
- Salary sacrifice schemes for employers
- Team of 10
Reason for sale
The founder is retiring after a long and planned handover period.
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 rose +5.2% in 2026.
- 2021: baseline
- 2022 (+4.0%)
- 2023 (+3.4%)
- 2024 (+3.3%)
- 2025 (+4.2%)
- 2026 (+5.2%)
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 narrowed from 19.8% in 2021 to 14.9% 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.