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NEPTS Business in Nottinghamshire - 24/7 UK-Wide Patient Transport Services

 Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    08/12/22

  • Advert ID

    504923

  • Reference

    B07040 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Providers of Non Emergency Patient Transport Services (NEPTS)

Business
This East Midlands-based company specialises in non-emergency patient transport, transferring NHS patients to and from hospitals, care homes and private properties. It operates 24 hours a day, 365 days a year, and provides UK-wide coverage.

Established in 2010, the business specialises in non-emergency patient transport, transferring NHS patients to and from hospitals, care homes and private properties. The company operates 24 hours a day, 365 days a year, and provides UK-wide coverage. Each transfer is monitored by the control room where the team can monitor and receive progress updates. To service operations, the company has a large range of vehicles within the fleet, which accommodate stretchers and wheelchairs alongside standard seating. It also has secure vehicles which enable the team to work effectively within the mental health sector, and medical cars for the transfer of medical samples.

Over its 12-year history, the company has acquired a prestigious list of clients and a number of lucrative contracts, including with five NHS trusts and Clinical Commissioning Groups. Moreover, the ever-present and increasing demand for the company’s essential services ensures that the business suffers from no particular vulnerabilities with regard to its client base. Registered with the Care Quality Commission and certified as ISO 9001, the company upholds values of reliability and professionalism, and it regularly monitors patient feedback in order to remain proactive in relation to the quality of its services. Indeed, the company’s excellent customer satisfaction rate bears testament to its commitment to the highest standards of customer service.

The company boasts a number of unique selling points that distinguishes it from competitors:

  • The company, unlike competitors, only has contracts with the NHS, and works directly with trusts and Clinical Commissioning Groups (CCGs);
  • The company prides itself on its “reactivity” and reliability, making it a first port of call for many.
Moreover, the company has a number of valuable assets to recommend it to the prospective buyer:

  • A remarkable financial profile with a turnover in excess of £3.8 million (as per the 2022 accoununt);
  • Excellent relationships with various trusts, CCGs and commissioners across the country, as well as with private patients;
  • Ongoing and dependable income streams from contracted clients;
  • The essential nature of the business ensures consistent and high volumes of work;
  • The Non-Emergency Patient Transport Services (NEPTS) market is growing in line with increasing demand for medical services;
  • Ample scope for expansion, e.g. increasing capacity by enlarging the fleet of vehicles and employing more team members.
Highlights -

  • Impressive financial profile;
  • Ongoing and dependable income streams from contracted clients;
  • Excellent relationships with various trusts, CCGs and commissioners across the country;
  • A growing market;
  • Huge scope for growth
Opportunities -

  • Increasing capacity by enlarging the fleet of vehicles and employing more team members;
  • Focussing on becoming major suppliers within the mental health sector – a sector that is growing and that has very healthy profit margins;
  • Increasing the hourly wage for night shifts.


Location
Located in the East Midlands. 



Premises
Operating out of a rented premises. 



Tenure
Leasehold basis. 



Hours
Due to the nature of the business, it operates all year round. 



Staff
Experienced team of staff in place. 



Financial Profile
  • Financials IRO £3.8m
  • 100% share capital
  • Interested parties will be required to sign an NDA




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Stay Safe

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Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

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