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Active learning solutions for technical education

Reference
S12102
Turnover
£2m to £5m
Sector(s)
Education, Service industries, Technology
Region(s)
UK Wide, Outside UK
Added
15 November 2024

Business description

Project Caliper develops and distributes training equipment and learning software to support engineering, vehicle repair, and science courses in colleges and universities around the world.

Operating for over 40 years, the business’s high-quality library of supporting lessons has attracted a large and long-standing client base from around the world.
Our client is now offering the company for sale to facilitate retirement plans.
Offers invited.

Highlights

  • Develops complete systems, combining digital cloud content with tailor-made hardware kits to deliver innovative and inspiring courses.
  • Continuously expanding library of courses, which are updated to align with technology and topical changes.
  • Recently established itself as a high-quality provider of training in the zero emissions transportation sector.
  • Supports colleges, universities, and private training centres, as well as primary and secondary education.
  • Currently benefits from 250 active clients, 90% of which provide ongoing streams of reliable revenue.
  • Highly qualified and experienced team in place.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2021 (Actual) 2,292 304
2022 (Actual) 2,948 459
2023 (Actual) 3,517 279
2024 (Actual) 3,943 400
2025 (Forecast) 4,375 1,067
  • YE23 turnover in excess of £3.5m, with an adjusted EBITDA of £279k.
  • YE24 management turnover of £3.9m , with an adjusted EBITDA of £400k.
  • Turnover is projected to reach £4.3m and £4.7m in YE25 and YE26, respectively.
  • Strong forward order book value of £1.7m, with a business pipeline of over £4m.
  • Has recently onboarded two new clients in the USA and a prestigious car company in Malaysia. This is expected to generate in excess of £454k for the company.
  • 50% of sales derive from the UK, with 35% generated in the USA and the remaining 15% from a range of international markets.
  • Operates in the vocational education and training market, which is poised to grow from £522.1bn in 2023 to £1,211.14bn by 2031.
  • The global e-learning services market size is also expected to expand at a compound annual growth rate of 18.6% between 2023 and 2030.

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