The company’s civil engineering and joinery solutions can be effectively carried out for projects of all sizes. The business primarily works across sites owned by a prominent aerospace/nuclear brand.
Its services include, but are not limited to, the installation of windows, doors, flooring, partition walls and suspended ceilings; drainage and excavations; creation of car parks; and kitchen and bathroom fit-outs.
The business is accredited by SafeContractor and operates to ISO 9001 certification standards.
Our client is offering the company for sale to facilitate semi-retirement plans.
Offers invited.
Key Highlights
– Works with 16 active clients across the facilities management, construction, refurbishment and veterinary sectors.
– Has established numerous long-standing relationships, some of which span over a decade.
– Operates as an approved/preferred contractor for many blue-chip clients.
– Wealth of in-house and on-site expertise in place.
– Shareholder willing to remain in an operational role, post-sale.
Operates from leasehold premises based in the Midlands.
– Scope for growth through the introduction of complementary services, recruitment, expansion of its remit, and the implementation of marketing activities.
Financial Highlights
– YE22 turnover of £2.27m with an EBITDA of c.£315k.
– Seven-month YE23 management figures show a turnover of £1.46m.
– Average gross profit margin of 38% between YE21 and YE23.
– Shareholder funds increased by 175% over a two-year period.
– 70% of active clients provide reliable business.
– Purchase orders in place for 2023 which hold a value of £353k.
– An asset register worth circa £152k, comprising vehicles, machinery, office equipment and tools, will be included in the sale.
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