Provider of principal contracting services

Key Highlights

– Accredited by CHAS and registered with the Achilles UVDB.

-Works with clients across the forestry, estate management, renewable energy, civil engineering and building contracting industries.

– Strong client loyalty; over 98% of revenue generated by existing relationships with blue-chip organisations.

– Operates from office and yard premises owned by a shareholder that can be included in the sale on a leasehold or freehold basis.

– Has offered plant hire solutions on an ad hoc basis, presenting scope to further utilise its assets and generate another revenue stream.

Financial Highlights

– Generated a YE23 turnover of £4.49m, with an adjusted EBIT in excess of £800k.

– YE24 outturn turnover of £4.6m and adjusted EBIT of circa £1m.

– Average gross profit margin of 62% between YE20 and YE23.

– Owns all of the assets used for hire and contracting activities; the equipment and vehicles register holds a value in excess of £3.1m.

– Recently secured a four-year contract; the total spend will be between £12.5m and £16m, increasing the business’s annual turnover by circa £3m for the duration.

– Other contracts in place include maintenance agreements with renewable energy clients, as well as a £20m three-to-four-year contract.