Specialist provider of piling services

The business’s scalability enables it to effectively work on projects ranging in value from £5k to £285k, with the average project worth £40k.

Our clients are offering the company for sale to realise the assured value of the existing business, while facilitating other, unrelated endeavours. Offers invited.

Key Highlights

– Accredited by CHAS and is a Constructionline Silver member.

– Works with builders, architects, property developers and structural engineers.

– Has retained long-standing relationships with clients.

– Versatile workforce in place, with three candidates able to absorb the shareholders’ responsibilities, post-completion.

– An in-house Engineer ensures the effective completion of projects regardless of their complexity.

– Employees possess a wealth of qualifications, including degrees, certificates and approvals from industry bodies.

– Operates from two leasehold premises in South East and South West England, which are ideally located to facilitate the delivery of services across Southern England.

Financial Highlights

– Generated a YE23 turnover of £3.5m, with an adjusted EBITDA of £244k.

Asset register with a cost price of £790k will form part of the sale, including Cobra drop-hammers, Spartan piling rig, Cobra drilling rigs, vans, trucks, a lorry, diggers, augers, self-levelling lasers and power tools.

– Currently fully booked for projects up to four weeks ahead, based on five-to-six projects per week; our clients anticipate this to extend to five weeks in summer 2024.