Overview
Description
The company prides itself on undertaking end-to-end set design and construction solutions for film and television projects of all sizes, with its flexible workforce streamlining the scalability of the business’s activities.
Other services include prop design and construction; rigging and de-rigging of set elements; scenic painting; existing set adaptations; storage and transport solutions.
The sector has a high barrier to entry, owing to stringent requirements regarding quality, reliability and flexibility. As such, the business’s reputation and project portfolio place the company in an ideal position from which to capitalise on further opportunities.
Our clients are offering the business for sale to facilitate retirement plans and growth under the impetus of new ownership. Offers invited.
Key Highlights
– Has worked on productions for prominent studios, such as the BBC, Netflix and Amazon, across the UK and in Europe.
– The versatile workforce ensures that evolving project specifications can be met.
– Some key personnel could move into managerial positions to absorb the shareholders’ responsibilities.
– Operates from leasehold premises, though could be effectively relocated.
Financial Highlights
– Draft YE23 turnover of £751k, with an EBIT of £146k.
– Average gross profit margin of 35%.
– Shareholder funds have increased by 21% between YE22 and YE23.
– Forecast to benefit from an uptick in activity within the film and television industry during 2024 onwards.
– Approximately 70% of clients reappoint the business’s services across multiple projects.
Is this business relocatable:
Is stock included:
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