Business
Please quote reference B07142
The company is a civil engineering subcontractor that delivers civil engineering solutions for residential, commercial, retail and industrial construction projects. Working primarily for medium and national main contractors within the commercial and retail sector, the company assists with earthworks, foundations, drainage, hard landscapes and infrastructure, on a labour and plant hire basis.
Established in the 2010s, the company is a well-established and experienced civil engineering subcontractor based in West Yorkshire, specialising in delivering civil engineering solutions for residential, commercial, retail and industrial construction projects.
Working primarily for medium and national main contractors within the commercial and retail sector, the company assists with earthworks, foundations, drainage, hard landscapes and infrastructure, on a labour and plant hire basis.
Available services include structural repairs, underpinning, self-build homes, shaft sinking, drainage solutions, laying foundations, groundworks, earthworks, and reinforced concrete works, amongst others.
The company has a number of gains to offer the prospective purchaser, namely:
- A healthy financial profile, with a 3-year average turnover of £3.3 million;
- An active client base, with 5 active and successfully retained clients;
- An experienced and motivated workforce of contracts managers, quantity surveyors, and civil engineers, with 43 years of collective experience;
- A reputation for delivering projects on time and within budget;
- Members of the CITB, and CHAS-accredited;
- Significant scope for growth – whether it be diversifying into other markets (such as the utilities sector), employing a larger workforce in order to expand capacity, or supplying materials as part of the company’s offering.
The company has vans and machinery that could be included in the sale, subject to negotiation.
Highlights –
- A well-established and experienced civil engineering subcontractor based in West Yorkshire;
- A buoyant civil engineering and construction market;
- A healthy financial profile;
- An experienced and motivated workforce of contracts managers, quantity surveyors, and civil engineers;
- Retained client base of main contractors;
- Significant scope for growth.
Opportunities –
- Potential to expand into main contracting work;
- Opportunity to diversify into other sectors (e.g. the utilities’ sector);
- Opportunity to expand capacity by recruiting a larger team; and
- Potential to supply materials in order to provide a turn-key service.
Location
Based in West Yorkshire.
Premises
Operating from a rented office space.
Tenure
Leasehold Basis.
Hours
Due to the nature of the business, it operates all year round.
Staff
Experienced team of staff in place.
Financial Profile
- 2022 turnover IRO £5m
- 100% share sale
- Prospective purchasers will be required to sign an NDA
- The possibility of a handover period is yet to be confirmed.
