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Asbestos management & removal solutions

Reference
S12070
Turnover
£2m to £5m
Sector(s)
Miscellaneous, Service industries
Region(s)
South East England, South West England
Added
01 November 2024

Business description

Project Harper provides specialist asbestos removal and management solutions primarily throughout Southern England.

The company’s end-to-end service ensures the safe removal of asbestos and RCF materials across education settings, heritage sites, commercial properties, and public buildings. The business aims to minimise disruption while placing health and safety at the forefront.
The company has built up a network of 400 clients, with all active clients generating repeat business owing to ongoing asbestos-related needs.
Our client is now offering the business for sale as they believe the time is right for a new owner to take the business to the next level. Offers invited.

Highlights

  • Multi-accredited company, holding approvals from ARCA, Constructionline, the British Safety Council and others. 
  • The majority of clients position the company as a preferred supplier. 
  • Several relationships have been retained since the business’s inception, particularly with well-known entities. 
  • Two employees in place who can absorb our client’s responsibilities, following the completion of the sale. 
  • Workforce possesses a wealth of training to ensure safe practice at all times, including qualifications from CSCS, COSHH, IPAF, MEWPs, PASMA, PUWER, SMSTS, SSSTS and IOSH. 
  • Operates from ideally located leasehold premises.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2020 (Actual) 1,924 179
2021 (Actual) 2,171 405
2022 (Actual) 2,041 283
2023 (Actual) 2,719 538
2024 (Actual) 2,946 493
  • Generated a YE23 turnover of £2.7m, with an adjusted EBITDA of circa £538k.
  • YE24 management figures indicate a turnover of £2.9m. 
  • Maintains contracts with prominent clients, accounting for 20% of the annual revenue. 
  • The market-leading position ensures that the business operates with a steady pipeline; the company has two large projects that will generate circa £536k per annum, plus £2m worth of work due to commence between September 2024 and the beginning of 2025.

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