Report & Financial Statements: for the year ended 30 September 2024

Welcome to the annual report of PHD Industrial Holdings Limited for the year ended 30 September 2024.

This report outlines a year of robust performance, delivered against a challenging economic backdrop. Our companies generated Group revenues of £64.6 million and Group EBITDA of £5.0 million, reflecting effective management and the strength of our diversified portfolio. Although opportunities for new platform acquisitions meeting our stringent criteria remained limited, we were pleased to complete material bolt-on acquisitions in the speciality chemicals sector for Tecknikraft, and in the materials handling sector for BIL Group. Our strategic focus remains on increasing capital value through prudent investment, and we anticipate making further bolt-on acquisitions during the current financial year across our existing platform businesses while continuing to seek new platform opportunities. With significant cash reserves and a strong balance sheet, we are well-positioned to navigate the UK’s ongoing economic malaise and to capitalise on attractive acquisition opportunities as they arise.

Flick through further details on our strategic initiatives, financial health, and governance below or download a copy.