A provider of drainage and water mains solutions

The business is being offered for sale to facilitate the retirement of two of the shareholders.

Offers invited.

Key Highlights

– Caters to clients within the construction, insurance, and property maintenance sectors, also receiving a steady stream of work from local authorities.

– Works with 52 clients in total, beneftting from a steady stream of work from all, with client relationships spanning 15 years.

– Primarily operates in Scotland, with additional revenue generated from Northern England.

– Experienced second-tier management team in place to manage the company post-sale.

– One of the shareholders has indicated that they would prefer to remain with the business and work with a new owner to drive ongoing growth.

-Operates from leasehold premises.

Financial Highlights

– YE23 turnover of £600k, with an EBITDA of £171k.

– YE24 outturn turnover of £753k, with an EBITDA of £186k.

– Turnover expected to reach £843k in YE25 and £919k in YE26