Provider of structural steel and plant hire services – based in North East England

The group of companies operate as a specialist provider of structural steel erection services, carrying out work on a diverse range of projects in the commercial, industrial and education sectors.

The group also provides powered access machines on a rental or sale basis, with its asset list including all-terrain boom lifts, slab / all-terrain scissor lifts and specialist deck riders.

The shareholders are offering the company for sale to facilitate their retirement.

Offers invited.

Key Highlights

– Caters to 23 clients across the construction sector, supporting commercial, industrial and public sector projects by blue-chip contractors and subcontractors.
– Also offers training to NVQ level six at an on-site facility.
– Experienced second-tier management team in place.
– Operates from freehold premises.
– Strong pipeline of future work, with ongoing projects currently valued at circa £1.3m.

Financial Highlights

– Turnover of £3.9m
– £768k EBITDA achieved in YE24
– 33% gross profit margin