A residential construction company based in the East Midlands

The company is being offered for sale to facilitate the shareholders’ retirement.

Offers invited.

Key Highlights

– A multi-accredited company with an excellent industry reputation catering to nine active clients, including some blue-chip developers.

– In an excellent position to benefit from buoyant market conditions, with Government aims to invest in affordable and sustainable housing expected to drive growth.

– Knowledgeable second-tier management team supporting a network of directly employed and subcontracted site staff.

– Operates from leasehold premises.

– Shareholders are willing to remain with the business post-sale to facilitate its transition to new ownership.

Financial Highlights

– YE24 turnover of £18.7m with an adjusted EBITDA of £2.3m.

– Projected turnover of £25m for YE25, expected to rise to £13m by YE26.

– Has experienced turnover growth of circa 114% since YE20, with scope for further growth from both the public and private sectors.

– Secured pipeline of £20m for YE24, with £7.2m already in place for YE25.

– Outstanding tenders could generate in excess of £56.5m across the period spanning YE24–YE26.

– Potential tender opportunities with a total value of £121m for YE25 and of £131m for YE26, highlighting the significant potential for growth.