Overview

The company owns, leases and sells a variety of specialist plant and machinery in a wide range of categories. This includes engineering, compressors, powered access, lifting, pipework equipment, torque, welding, floor preparation and generators.

Our clients are now offering the company for sale to facilitate retirement plans and to pursue other, unrelated business interests.

Offers invited.

Key Highlights

– Serves clients in numerous sectors, such as engineering, crane servicing and cross hire.

– All active clients provide ongoing streams of reliable revenue.
Experienced and knowledgeable personnel in place, including a second-tier management team that has the skills to move the business forwards.

– Operates from freehold trade and warehouse premises.

– Presents an ideal opportunity for similar organisations to integrate its range of products into their existing portfolio whilst expanding their market share and building relationships.

– Scope to encourage business growth by opening additional depots to cater for its national clients.

Financial Highlights

– Consolidated turnover in excess of £2m for YE23.

– Adjusted EBITDA of circa £827k.

– Gross profit margins averaging 46%.

– Consistent year-on-year growth.

– Regional equipment hire accounts for 65% of sales, whilst national clients generate the remaining 35% of income.

– 60% of the company’s income is generated via its hire fleet; 40% is derived through sales of machinery.