A provider of electrical engineering and testing services

  • Price: Offer Invited
Seller Ref:154837
For Sale

A provider of electrical engineering and testing services

Seller Ref:154837
  • Price: Offer Invited

Overview

Seller Ref: 154837

Description

The group consists of two companies: one provides electrical engineering services; the other provides electrical testing solutions.

Both companies provide comprehensive turnkey solutions, overseeing projects from inception to completion across various sectors on equipment such as rail depot protection systems, control panels, and electrical power distribution units.

Our clients are now offering the company for sale to facilitate retirement plans and to pursue other unrelated business interests.

Benefits from over 100 active clients, 85% of which provide reliable repeat business.

Experienced and dedicated workforce in place, with high staff retention rates and a wealth of in-house expertise.

The majority of the group’s largest, long-standing clients are well-established and respected blue-chip organisations, ensuring that the group’s contracted income is secure.

90% of sales are derived from new clients, demonstrating the group’s capabilities to win tenders.

Operates from leasehold premises.

YE23 combined turnover of £1.5m with an adjusted EBITDA of £250k.

The businesses saw a huge rise in turnover between YE21 and YE22. This has been maintained in YE23.

Offers invited.

Is this business relocatable:
No
Is stock included:
NA

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