A provider of data cabling and network infrastructure

The company designs, installs, maintains and supports structured cabling; local area and wireless networks; CCTV and access control systems; and telephony and internet services.

Operating nationally, the company caters to a diverse client base that includes both small offices and multi-site locations. It manages projects of all sizes from start to end and provides ongoing support post-completion.

In addition, the company acts as a subcontractor for several leading construction companies and M&E organisations, providing cabling work and technical installations for their customers.

The structured cabling and wireless networking sectors sre expected to experience significant growth due to increasing demand for faster network speeds and ISDN / PSTN redundancy.

The Shareholders are offering the company for sale as they wish to pursue alternative, unrelated ventures.

Key Highlights

– Caters to 105 active clients, approximately 99% of whom provide reliable, repeat business on an ongoing basis, with some relationships spanning up to 10 years.

– Opportunities for growth could include the expansion of its client base and the recruitment of a dedicated sales and marketing team, which could increase the promotion of its services to new and existing clients.

– Strong second-tier management team in place.

– Operating in a growing sector whereby technological changes ensure there is always high demand for their services.

– Shareholder-owned premises that may be included in the sale on a freehold, leasehold or rented basis.

Financial Highlights

– YE24 projected turnover of £4.3m.

– YE23 turnover of £3.2m, with an adjusted EBITDA of £468k.

– Pipeline is expected to generate £1.2m, with individual projects ranging in value from £10k to £500k and submitted tenders valued at £7.5m.

– 63% increase in turnover from FY20 to FY23.

– Robust balance sheet with very little debt