Leading Provider of Electrical, Plumbing, and Heating Services – Based in Southern England

Overview

Priding itself on its innovative and industry-leading offering, Project Zeta is an independent contractor specialising in electrical, plumbing, and heating services.

The company works on projects of all sizes offering regular or periodical maintenance, and emergency call-outs.

The business is also an independent manufacturer of bespoke modular solutions, specialising in the off-site construction of educational units, accommodation, and retail space.

The company utilises the highest standards of materials, processes, and modern technology, all of which are utilised at its dedicated factory.

Our clients are now offering the company for sale to focus on other unrelated business interests.

Offers invited.

Key Highlights

– HVAC, renewable, domestic, and EV charging solutions included in its comprehensive offering.

– Works on projects at new build developments, social housing sites, and across industrial, commercial, and domestic properties.

– Can offer conventional on-chassis buildings through to direct-to-foundation, including skid or floating home solutions.

– Has gained a multitude of prestigious accreditations and is SafeContractor and NICEIC approved.

– Dedicated and experienced team in place overseen by a proficient second-tier management team with extensive in-house expertise.

– Operates from a large unit with nine acres of land which is owned by the holding company.

Financial Highlights

– YE23 turnover in excess of £4.5m.

– Adjusted EBITDA of £682k achieved within the same year.

– YE24 drafts indicate a turnover of circa £5m with an adjusted EBITDA of £964k.

– Has secured a strong pipeline for the coming years, with confirmed upcoming projects in place with a collective value of £1m.

– Average gross profit margin of 34% between YE20 and YE23.

– Willing to negotiate sale of premises, which hold an estimated market value of £900k.