Acquisition opportunity - Green Clover

Background

• Green Clover provides conventional storage, transport, prop hire, recycling and repurposing methodology to the film, TV and entertainment industries in the UK.
• The Business is based in Berkhamsted, trading from rented commercial buildings and has further leased storage facilities at six other sites. In total it occupies some c.190,000 sq. ft of storage facilities.
• The Business employs c.21 staff: being a mixture of employees, self-employed and freelance workers.
• Green Clover runs a fleet of 10 vehicles, the majority of which are on lease rental. These comprise two artic tractor units, four 12-tonne curtain side trucks, two 3.5-tonnes transits and two transit vans, in addition to six trailers.

Key selling points

• Strong customer base with clients such as Warner Bros, Sony, Universal Studios, Disney, Amazon, Sky, ITV and National Theatre.
• Extensive storage facilities
• Vehicle fleet.

Financial highlights

The Business is the principal trading name of Mentmore Investments LLP whose statutory financial results do not separate from Green Clover’s results. From their management accounts the trading position is as follows:

Source: Year-end accounts and management information

Next steps

Offers are invited in relation to the business and assets of the company, with further information available subject to a signed non-disclosure agreement. Should you wish to receive further information on the opportunity, please contact Luke Wyngaard in the London office at luke.wyngaard@mazars.co.uk.