Engineering consultancy, recruitment agency and installation contractor – Based in Yorkshire
Engineering consultancy, recruitment agency and installation contractor – Based in Yorkshire
Overview
Description
The company provides recruitment, engineering consultancy and electrical, controls and instrumentation installation services to the heavy industrial industry, catering to clients across the oil, gas, petrochemical, waste-to-energy and manufacturing sectors.
More than half of the company’s revenue is generated from the provision of experienced personnel for a variety of projects across the UK, including both general labour and specialised engineering and project management staff and contractors for its clients
The company also provides a turnkey offering covering the design, installation and maintenance of process unit operations, with extensive experience in the sector.
The Shareholders are offering the company for sale as part of their retirement plans.
Offers invited.
Key Highlights
– Has earned a number of industry-recognised accreditations, including one which is only offered on an invite-only basis that enables its work with a blue-chip petrochemical company.
– Consultancy service covers several professional disciplines within the engineering sector, including health, safety and environmental matters, regulatory compliance, HR and cost planning.
– Supports six active clients, all of whom provide regular repeat business, with its longest relationship spanning six years.
– Experienced workforce in place, including a member of staff able to manage operations on a day-to-day basis.
– Operates from leasehold premises.
Financial Highlights
– Turnover of £2.8m, with an adjusted EBITDA of £359k.
– YE24 outturn of £2.4m based on seven month figures.
– Benefits from contracted revenue from three of its largest clients. These generate £3.3m per annum.
– Scope to derive additional revenue from various upcoming projects with new and existing clients.
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