Commercial Electrical Contractor Based in Lancashire

– Has developed strong, long-standing relationships with a number of construction clients that provide reliable, repeat business.

– High client retention rate with the longest client relationship spanning two decades.

– Operating for over four decades.

– Strong second-tier management team that can undertake most daily operations independently, providing a turnkey acquisition.

– Operates from freehold premises.

– Ideal bolt-on acquisition to enable a larger organisation to take advantage of the vast number of projects that the company turns down due to operating at capacity. Alternatively, hiring additional skilled staff would enable the company to fulfil these requests.

Financial Highlights

– Turnover of £1.9m with an adjusted EBITDA of £300k.

– Forecast to achieve a turnover in excess of £2m in YE24 with an adjusted EBITDA of circa £450k.