Provider of bespoke telecommunications engineering solutions

Our clients are now offering the business for sale to facilitate further growth under the impetus of new ownership. Offers invited.

Key Highlights

– Proficient workforce in place, with a knowledgeable second-tier management team capable of overseeing day-to-day business operations with delegated authority.

– Two candidates available to absorb some of the Directors’ responsibilities, facilitating the shareholders’ eventual departure from the business.

– The Directors can deliver a handover period.

– Operates from ideally located leasehold premises.

– Primed to take advantage of developments within the internet services sector, which is being driven by the UK Government’s Project Gigabit initiative.

Financial Highlights

– Generated a YE22 turnover of £2.6m.

– Achieved an adjusted EBITDA of £392k in the same year.

– YE23 management turnover of £3.5m, with an adjusted EBITDA of £857k.

– YE24 forecast turnover of £4m.

– Circa 98% of income is contracted, highlighting the strong revenue streams in place.