A specialist street lighting contractor

Key Highlights

– Specialises in the supply and installation of S38/S278-compliant street lighting, along with complementary maintenance and support.

– Predominantly works with housing developers, construction companies, local authorities and civil engineering companies.

– Benefits from a loyal, long-standing client base, with some relationships spanning circa 30 years.

– Receives a high volume of recurring custom, accounting for 90% of turnover, with numerous ongoing contracts in place.

– Skilled workforce in place, possessing the skills required to manage most day-to-day operations independently, post-sale, with candidates for Director-level roles in the current team.

– Operates from well-connected premises in the Midlands, with leasehold and freehold options available.

Financial Highlights

– The company achieved turnover in excess of £1.82 million in YE23, with an adjusted EBITDA of circa £500k.

– Both turnover and adjusted EBITDA have risen year-on-year across the last three years, with several ongoing, long-term contracts ensuring that future revenue remains secure.