Mechanical and electrical (M&E) design, installation and maintenance

– Offers a comprehensive suite of specialist services, including full design and build installation projects and ongoing servicing and maintenance contracts.

– Retains a highly accredited team of experienced, directly employed engineers, enabling it to provide a consistently high standard of service.

– Predominantly works with major clients in the hospitality (hotel), leisure, education, government and healthcare sectors.

– Operates on a national basis and maintains excellent relationships with clients, some of which span over 15 years.

– Benefits from a loyal and highly skilled management team, which is capable of independently managing and growing the business, post-sale.

Financial Highlights

– Achieved turnover of circa £9.6 million in YE23, with an adjusted EBITDA in excess of £1.1 million.

– Service and maintenance contracts accounted for 31% of turnover last year.

– Strong pipeline in place, with ongoing and upcoming works collectively valued at £2.65 million already confirmed for the coming year, ensuring the sustained prosperity of the business.

– Whilst revenue was temporarily affected by the impact of the Covid-19 pandemic, the business has emerged in a position of strength, with turnover and profits now exceeding pre-pandemic levels.

– Prospects valued at circa £9.6 million currently under consideration with clients, a significant proportion of which are anticipated to be awarded.

– Possesses a wealth of assets, including a fleet of vehicles costing £450k.