Utilising its vast network of engineering personnel, Project Carnelian undertakes market-leading inspection services for all vehicles, from cars through to HGVs and agricultural plant.

The business’s services include assessments; accident reconstruction and fire-related investigations;
pre-purchase, mechanical breakdown and post-repair inspections; vehicle valuations and expert engineering advice.

The company has adopted many innovative technologies to advance its capabilities.

Our clients are now offering the business for sale to facilitate lifestyle changes. Offers invited.

Key Highlights

– Works throughout the UK, providing its sought-after services to clients operating in insurance, claims handling and other legal professions, as well as private individuals.

– Benefits from a continual stream of new, repeat and referral custom.

– Has secured ongoing contracts with numerous well-respected and buoyant organisations.

Directors willing to provide a handover period.

– Operates with a wealth of expertise, including numerous qualified Engineers.

– A fully relocatable opportunity.

– Ideally placed to take advantage of developments within the automotive TIC sector.

Financial Highlights

– Generated a YE23 turnover of £2.17m, with an adjusted EBITDA of £362k.

– Average gross profit margin of 68% between YE20 and YE23.

– Over 99% of income is generated through contracts, with the vast majority of active clients providing recurring revenue on an ongoing basis.

– Up to 80% of sales are attributed to existing clients, demonstrating the high levels of client loyalty in place.