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134%
Raised
£875,230
Investors
256
Target
£650,000
Equity
5.88%
Pre-money valuation
£14,000,000

EFS is a £29 million turnover, £2 million PBIT logistics business targeting the SME market. We operate in a niche market for SMEs who demand a premium service. The company has trebled revenue in the last three years and is seeking growth finance to acquire new vehicles and expand sales and marketing.

  • Sales increased from £9.5m in 2015 to £29m by July 2018
  • Net profit increased from £0.7m in 2015 to £2m by July 2018
  • Over 2,000 active customers generating repeat sales opportunities
  • An expanding network of UK based depots with a global reach

Idea

We were founded in 1996 by Mark Jones and have grown organically and through acquisition. By 2015, we had cultivated a strong financial track record, a wide customer base and a committed, long serving team, which gave us the foundation to implement a more aggressive growth strategy.

We now work from 7 key depots along with our headquarters in Burnley. We have developed a range of services, from import and export, to European road freight, haulage, pallet & parcel deliveries, refrigerated transport and more. We now offer a truly end to end, high quality logistics service.

We understand that multinational logistics providers can be impersonal and uncompetitive, which is why we pride ourselves on our customer focused team who provide a competitive, friendly and reliable service.

Cross-selling our service offer to a wide customer base continues to be a crucial aspect of our strategy. We believe that our strong track record in the development of sales revenue and profit, bolstered by key acquisitions, is a strong indicator of our success, showing that we have the team, plan and know-how to grow.

This £650k round will provide the scope to develop our team, infrastructure and marketing whilst supporting our working capital through this intense period of growth. With your support we will be ideally placed to continue our success in this indispensable sector.

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