Dedicated specialist in highway materials and surface testing – based in the North-West of England

Overview

Utilising its skilled team, the business supplies a variety of surface testing solutions, such as pendulum testing, core extractions and logging, hazard analysis and waste characterisation solutions, which assist clients in meeting regulatory standards.

The company is ISO 17025, ISO 9001, ISO 14001, and ISO 45001 accredited.

The business is also CIWM, BSi, CPd, SafeContractor, Alcumus ISOQAR, Constructionline Gold, and Avetta approved.

The business is being offered for sale to facilitate continued growth under the impetus of a new owner.

Offers invited.

Key Highlights

– Provides its services to 50 active clients nationally.

– Ideal bolt-on acquisition for similar providers in the sector who are looking to expand their client base and service offering.

– Has established an exceptional and trusted reputation in its sector.

– 60% of clients provide repeat business.

– Operates from two leasehold premises.

– Scope to expand the company’s sectors of operation and service offering.

– Managing Director willing to remain post-sale.

Financial Highlights

– Generated a turnover of £1.83m in YE23.

– Adjusted EBITDA in excess of £440k achieved within the same year.

– Average gross profit margin of 35% between YE20 and YE23.

– Busy pipeline of work, with new and current clients secured or in negotiation for the coming year.