Highly profitable civil engineering firm with weighbridge pit installation expertise

Our client is a specialist civil engineering firm best known for its expertise in weighbridge pit installation, associated weighbridge infrastructure services and groundwork services.

Our client also performs maintenance and repair work on existing weighbridge pit/foundations on all installations, including for their partner weighbridge supplier. The company also supplies a limited range of groundwork and related services for customers.

In the past three years, turnover has been in excess of £1m with an average net profit margin before tax at 21.5%, multiple the average construction industry firm profit of 2.6%. This is as a direct result of the owner’s decision to focus on providing high-skill, high-accuracy services towards a niche market.

Highlights

• Specialist civil engineering firm best known for its expertise in weighbridge pit installation, associated weighbridge infrastructure services and groundwork services.
• Established for 42 years with a strong brand name in the industry.
• Member of the Federation of Master Builders.
• 95% turnover growth in 4 years to £1.03m.
• 168% growth in profit before tax in 4 years.
• Gross margins up from 32.9% in 2020 to 46.4% in 2023.
• Symbiotic and highly profitable relationship with the UK’s largest supplier of weighbridges.
• Lead project manager capable of stepping into directors’ roles when directors are on holiday or absent.
• Very talented, loyal workforce with precise skills that can be used in new high-profit service packages.
• Highly cash generative meaning little or no extra capital required from new owner for expansion.

Enquire

For the past four decades, the company has had a symbiotic relationship with one of the country’s largest suppliers of weighbridges. When the company sells weighbridges, our client installs the pit/foundation for the weighbridge. If our client receives an enquiry for a weighbridge, they’ll pass the lead on to the company in the knowledge that, as their preferred and only pit/foundation specialist, they will be awarded the work.

There is an opportunity here for a new owner to promote the company’s services more rigorously to win more of these lucrative contracts. In addition, the specialist skills possessed by the staff lend themselves to the provision of other high-profit services. The current owners are happy to work for a new owner for an extended period post-purchase and would consider part-time employment with a new owner as they enjoy the work greatly.

Its impressive turnover, high-profit margins, cash generation abilities, lucrative ongoing contracts and talented staff make the purchase of this company a highly desirable acquisition. For all of these reasons, we expect interest in our client to be significant and respectfully ask that you contact us at your earliest convenience to open a dialogue with the current owners.

Please use the contact details below to contact Swan Corporate.