Industrial and Commercial Electrical Contractor

The business is now being offered for sale to facilitate the retirement plans of the directors.

Offer invited.

Key Highlights

– Diverse, stable client base, including those in the construction, retail, education, healthcare, marine, transportation, and public sectors.

– Preferred supplier of a number of prestigious and blue-chip organisations.

– Longest client relationships span three decades.

– High staff retention rate, with the majority of staff having been with the company for a decade or more.

– Operates from leasehold premises.

– Ideal bolt-on acquisition opportunity for an organisation offering mechanical services or renewable energy solutions.

– Strong market growth expected in the solar PV and EV sectors, providing ongoing demand for the company’s expert services.

Financial Highlights

– Turnover of £6.1m achieved in YE24 with an EBITDA of £828k reached in the same year.

– Large pipeline of prospective clients in place with works worth a total of £2.5m and £1m per annum, moving forwards.