Provider of bespoke telecommunications engineering solutions

Project Lazulite delivers testing, splicing and cabling solutions to fibre-optic broadband connections across Southern England.

The company invests in its personnel, with all Engineers undertaking thorough, ongoing training. They possess certifications with industry bodies such as NRSWA, CSCS, IPAF and BT.

Further demonstrating its commitment to providing excellence, the business is accredited by SafeContractor and CHAS.

The company has established strong relationships with clients across the internet services and infrastructure construction industries.

Our clients are now offering the business for sale to facilitate further growth under the impetus of new ownership. Offers invited.

Key Highlights

– Proficient workforce in place, with a knowledgeable second-tier management team capable of overseeing day-to-day business operations with delegated authority.

– Two candidates available to absorb some of the Directors’ responsibilities, facilitating the shareholders’ eventual departure from the business.

– The Directors can deliver a handover period.

– Operates from ideally located leasehold premises.

– Primed to take advantage of developments within the internet services sector, which is being driven by the UK Government’s Project Gigabit initiative.

Financial Highlights

– Generated a YE22 turnover of £2.6m.

– Achieved an adjusted EBITDA of £392k in the same year.

– YE23 management turnover of £3.5m, with an adjusted EBITDA of £857k.

– YE24 forecast turnover of £4m.

– Circa 98% of income is contracted, highlighting the strong revenue streams in place.