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the UK marketplace for company sales

Air conditioning & mobile motor vehicle services

Reference
S7684
Turnover
£0.5m to £1m
Sector(s)
Automotive, Business services, Engineering, Miscellaneous
Region(s)
North West England
Added
26 April 2021

Business description

The company provides air conditioning systems to commercial and domestic clients, as well as design, supply, installation and maintenance services, working with leading manufacturers of air conditioning units including Daikin, Mitsubishi, Toshiba, Fujitsu, Panasonic and Hitachi, to supply a comprehensive selection of high-quality products. 

Works with major clients in the accident repair industry to provide a number of specialist mobile vehicle services, including ADAS calibrations, main dealer diagnostics, AC services and key programming, with extensive experience with original equipment (OE) main dealer automotive procedures.

Having built up the business over the course of 19 years, the shareholders are now offering the company for sale as part of their retirement plans, advising that they are willing to provide the buyer with a mutually agreeable handover period to facilitate a smooth transition.

Highlights

  • Provides its services to over 100 active clients, 85% of whom provide reliable, repeat business on an ongoing basis. 
  • As a result of its consistently high-level services, the company has maintained strong, long-standing relationships with many of its clients, several of which now span over 16 years. 
  • Benefits from high staff retention rates and a strong second-tier management team, which has demonstrated the skills and expertise required to effectively manage day-to-day business operations. 
  • Operates from leasehold premises based in North West England. 
  • Scope for further expansion by diversifying its offering to provide ventilation, refrigeration and chiller services, or by pursuing larger commercial contracts.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2017 (Actual) 468 250
2018 (Actual) 619 309
2019 (Actual) 826 308
2020 (Actual) 871 393
2021 (Actual) 734 294
  • Achieved turnover in excess of £734k in YE21, with an adjusted EBITDA of
    £294k. 
  • Shareholder funds of £306k.

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