Project Horse

Opportunity Summary
On behalf of Francis Clark LLP, Gordon Brothers is supporting the marketing of an opportunity to acquire a well‑established UK‑based grower and supplier of authentic Chinese and East Asian vegetables (“Project Horse” or the “Company”).

Company Highlights
• Boasting 20 acres of freehold property in Cambridgeshire together with a leasehold premises in Bedfordshire; both properties provide worker accommodation.
• A trusted supplier that has been operating since 1987 with longstanding commercial relationships.
• Supplies some of the UK’s largest supermarkets and retailers, via a distributer. Also supplies smaller cash and carries.
• An extensive produce portfolio of over 20 varieties, ranging from popular market choices to rare, specialty greens.
• Cutting-edge hydroponic systems that allow year-round fresh supply of otherwise seasonal produce.
• Membership of the Assured Produce Scheme and LEAF (Linking Environment and Farming).

Financial Highlights (FY years ending 31 March):
• FY2024: Revenue £1.9m; Gross profit £0.5m
• FY2025: Revenue £1.8m; Gross profit £0.3m
• FY2026: Revenue £1.7m; Gross profit £0.4m (10‑month management accounts to 31 January 2026)

Opportunity Detail
• Opportunity to acquire a long-standing customer base and introduce a high-quality produce range to an existing offering.
• Existing growing facilities with potential for development that present a clear opportunity to accelerate production and deliver margin growth.
• The FY25/26 financial performance has been impacted by increasing production costs, as well as the continued suppressed farm gate prices.

Further Information & Offer Deadline:

• Requests for further information should be addressed to Andrew Smith of Gordon Brothers.
• Offers due by 10 April 2026