Provider of passive fire protection solutions

The company is accredited by various industry bodies, including the International Fire Consultants (IFC), Constructionline and CHAS.

Our client is offering the company for sale to facilitate lifestyle changes and further business growth under the impetus of new ownership. They may consider being retained in a consultancy position, post-completion.

Key Highlights

– Has retained strong relationships with key suppliers, benefitting from competitive pricing and ensuring that every passive fire solution is technically compatible with clients’ properties.

– Works with housing associations, local authorities and other construction firms in South East England. Core clients represent vast expansion opportunities for the company, owing to development programmes and nationwide coverage.

– Operates with a wealth of technical expertise, with the management team possessing qualifications such as IFC supervision and SMSTS.

– Candidate in place who can absorb the director’s responsibilities,
post-completion.

– Highly skilled operatives possess CSCS cards, and some technicians have attained relevant NVQs.

– Operates from office and storage premises retained on a no-charge basis.

Financial Highlights

– Generated a YE23 turnover of £2.3m, with an adjusted EBITDA of £865k.

– Projected to achieve a turnover of £4.3m by YE26, with the adjusted EBITDA increasing to £1.6m.

– A contract is in place until 2026, safeguarding up to 95% of the business’s revenue.

– Current agreements may be enhanced by the implementation of further resources. It is estimated that investing in additional personnel, equipment and materials would allow the business to generate an extra £1m per annum from its core clients, achieving a profit margin of 28%.

– Has submitted tenders for three other opportunities, which, if successful, would comprise the installation of fire protection systems and remedial works.

– Set to win a £500k agreement with an electrical and fire compliance provider.

– Asset register worth £217k will be included in the sale, comprising vans, cars, stock and office equipment. `