Overview
Description
The company provides rope access, confined space entry, non-destructive testing, ATV hire and aerial / subsea inspection solutions to commercial and public-sector clients across Scotland.
The company caters to 40 active commercial and public-sector clients from various industries, including blue-chip energy and communications providers, and benefits from high volumes of repeat business.
The Shareholders are offering the company for sale as they wish to facilitate their eventual retirement.
Offers invited.
Key Highlights
– Utilises an IRATA-trained team to provide a professional, responsive service, tailoring its offering to the precise requirements of its client base.
– Experienced second-tier management team in place.
– Operates from leasehold premises.
– Considerable scope for future growth through development of its client relationships in the energy and communication sectors.
– Considerable potential to develop one long-standing working relationship further, substantially increasing the company’s annual turnover.
Financial Performance
– Turnover of c£1m, with an adjusted EBITDA of £122k.
– Gross profit margin of 88%.
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