A piling contractor supporting projects in South East England

The Shareholders are offering the company for sale to facilitate continued growth under the impetus of a new owner.

Offers invited.

Key Highlights

– Owns a comprehensive fleet of machinery, most of which is under two years old, along with a state-of-the-art concrete monitoring system.

– A multi-accredited company with an excellent industry reputation.
Occupies a position amongst the 20 largest operators in the UK.

– Receives a high volume of repeat business, with some relationships spanning six years.

– Shareholders have advised that they would be willing to remain in their roles, post-sale.

– Operates from leasehold premises, which are ideally located close to the M25.

– The shareholders are currently negotiating purchase of the aforementioned site with the landlord.

– Also utilises a second leasehold office.

Financial Highlights

– Turnover of £11.9m, with an adjusted EBITDA of £1.9m.

– Projected turnover of £14m in YE24.

– Has experienced turnover growth of 26% between YE20 and YE23.

– Gross profit margin of 25%.

– Shareholder funds in excess of £3.1m.