Provides M&E and Refrigeration Design, Installation, and Maintenance

The company specialises in the design, supply, and installation of M&E and refrigeration systems within retail, storage, warehousing, office, banking and other clients’ premises. In addition, the company offers refrigeration and air conditioning PPM and reactive maintenance services all year round, with a team of dedicated service engineers in place to provide 24-hour support.

Priding itself on its comprehensive in-house health and safety and auto computer-aided design (CAD) departments, the company has developed a reputation for excellence and has worked for a number of large main contractors on projects for prestigious and blue-chip organisations.

The company is now being offered for sale to enable our clients to realise the assured value of the successful company that they have built and facilitate growth under the impetus of new ownership.

Offers invited.

Key Highlights

– Wide-ranging and diverse national client base, with the longest client relationships spanning two decades.
– Circa 10% of overall revenue is derived from a long-term secure contract agreement that has just been renewed for a further four years.
– NICEIC approved contractor, Alcumus Safe Contractor, F-Gas Refcom certified, and Avetta accredited.

– Operates from freehold premises that include several units that the company leases to third parties.

– Growth will come from building and developing existing accounts with major clients through continually challenging the company’s processes and overall costs to the client, whilst maintaining its high standards of workmanship.

– Continuing to raise the company’s profile within the industry as a preferred nominated contractor will facilitate ongoing expansion.

Financial Highlights

– Turnover of £3m in YE23, with an adjusted EBITDA of £340k.

– Forecast turnover for YE24 of £4.6m with an adjusted EBITDA of £640k.