Overview
Description
The company designs, manufactures and installs a variety of access solutions for residential and commercial properties, including modular ramps, wedge ramps, folding ramps, steps, and half-steps, along with various accessories.
Manufactured in-house, products are durable, reusable and meet current legislative requirements. Standard frames and handrails are used wherever possible, with the company also offering bespoke solutions when required.
The company is being offered for sale to facilitate the shareholder’s retirement plans.
Offers invited.
Key Highlights
– Provides a free site survey and quote to all clients, with removal services also provided, should they be required.
– Caters to local authorities, housing associations and builders across the Midlands and North West England, all of whom provide repeat business, with some relationships spanning upwards of 15 years.
– Also benefits from a steady stream of business from private individuals.
– Strong second-tier management team in place.
– Operates from leasehold premises.
– The UK’s ageing population is expected to create increased demand for accessibility adaptations, generating a consistent flow of business.
Financial Highlights
– Turnover of £966k, with an adjusted EBITDA of £279k.
– Gross profit margin of 69%.
– Pipeline of future work is currently valued at circa £170k, with approximately 90% of surveys completed resulting in an order.
– Long-standing client contract in place until 2026, generating circa 19% of the annual turnover, with potential to extend on completion.
Is this business relocatable:
Is this business home based:
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