Overview
Description
The company is a well-known electrical contractor that offers project management, maintenance and installation services to a range of commercial, industrial and domestic clients.
Operating regionally, the company services 28 active clients, and benefits from high retention rates, with approximately 50% of clients providing reliable, repeat business.
Our clients are now offering the company for sale in order to drive growth under the impetus of a new owner.
Key Highlights
– A multi-accredited company with an exceptional industry reputation.
– Current accreditations include, ISO 9001, 14001, 45001 and CHAS Elite Grading.
– New work in place with the NHS and additional projects in London with more work until March 2023
– Enjoys a high tender success rate, with an average acceptance of 87% of bids.
– Led by two experienced Directors, one of whom is willing to remain post-sale, subject to negotiations.
– A fully relocatable opportunity.
– Many opportunities for expansion, including the exploration of additional sectors and the implementation of new marketing strategies.
Financial Highlights
– YE22 turnover of £1.15m, showing a 36% increase over the last financial year.
– Achieved an adjusted EBITDA of £441k in the same year.
– The company’s secured pipeline at the end of 2022 was valued at over £1.2m and involves works to be completed over the next year.
Is this business relocatable:
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