A provider of data cabling and network infrastructure

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