Large scaffolding contractor

Key Highlights

– Accredited by SMAS and an Audited Member of the Scaffolding Association.

– Works with 20 active clients, including prominent blue-chip property development entities and Tier 2 commercial building contractors.

– Circa 65% of the revenue is generated by new-build housing developers; the business is well placed to benefit from ongoing Government initiatives within the residential housebuilding industry.

– Second-tier management personnel effectively oversee the day-to-day operations with minimal input from the shareholders.

– Retains a scalable team of scaffolders, all of whom are registered with the CISRS to Advanced level.

– Operates from ideally located yard and storage premises that provide easy access to clients’ sites throughout South East England.

– Core relationships with nationwide property development firms may facilitate the company’s geographic expansion.

Financial Highlights

– Generated a YE24 turnover of £5.9m, with an adjusted EBITDA of £1.19m.

– YE25 outturn figures indicate a turnover of £5.7m and adjusted EBITDA of £1.3m.

– Consistent financial strength. With the exception of the pandemic, the company has achieved consistent turnover of circa £5.5m and a £1.1m–£1.25m maintainable EBITDA.

– Retains ownership of its entire asset register, valued in excess of £5m. The vast majority is scaffolding equipment, also including a fleet of over 60 vehicles.

– Approximately 85% of clients generate recurring income through multiple, ongoing projects. Almost all of the revenue is secured through contracts.

– Continually has a significant forward order book, currently worth in excess of £4.5m. Regularly has outstanding tenders that exceed £5m.