Overview
Description
Generated a YE23 turnover of £6m with an adjusted EBITDA of £370k.
Turnover increased by 278% between YE20 and YE23.
YE24 outturn turnover of £10m.
Maintains a gross profit margin of 55%
A reputable electrical and building maintenance contractor, delivering a comprehensive, turnkey solution to prominent organisations across the UK.
Services include fixed wire testing, smoke alarm upgrades, property rewires, kitchen and bathroom upgrades, decorative services, plumbing, joinery, and tiling.
Markets served include social housing, local authority, education, commercial and industrial.
Benefits from a multitude of long-standing client relationships and framework agreements.
Has secured a variety of industry-standard approvals and accreditations, including SafeContractor, Constructionline and NICEIC.
Operates from leasehold premises.
The company is well positioned for the next phase of growth. With the shareholders being young and open to remaining involved alongside an acquirer, this is a lucrative opportunity.
Ideal acquisition for complementary service providers who are looking to enhance their client portfolio and operational capacity.
Significant scope to expand the existing workforce to meet the demands of the market and realise lucrative new revenue streams.
Offers north of £5m, subject to deal structure.
Is this business relocatable:
Is this business home based:
Is accommodation included:
Is this In administrative/receivership:
Is stock included:
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