Overview
Description
Operating across the south of England and the Midlands, the company designs, manufactures, and installs a vast range of bespoke architectural and structural steel, from large commercial building frames to low-cost domestic staircases and handrails.
Priding itself on its high-quality workmanship, the company has long-standing relationships with a number of prestigious and blue-chip companies within the construction industry that provide ongoing, repeat business.
The business is now being offered for sale due to ill health.
Offers invited.
Key Highlights
– Is a member of the BCSA and Constructionline, certified by the BBA, and accredited by CHAS and SSIP.
– The majority of the company’s work is derived from secure contracts, with quotes provided on a project-by-project basis.
– Benefits from extensive experience and a number of contacts within the growing construction and water industries.
– Ample scope to expand geographically within the expanding commercial and residential construction sectors.
– Strong second-tier management team and senior candidate in place to take over the Shareholder’s responsibilities upon completion, providing a buyer with a turnkey opportunity.
Financial Highlights
– Turnover of £4.6m in YE23 with a gross profit of £2.2m.
– Adjusted EBITDA of £1.1m in the same year.
– Management turnover of £6.2m in YE24 with an adjusted EBITDA of £1.6m.
– Turnover of £7.4m expected in YE25 with an adjusted EBITDA of £2.4m.
– Large current order book of work in progress worth £5.7m.
Is this business relocatable:
Is this business home based:
Is accommodation included:
Is this In administrative/receivership:
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