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Building maintenance

Reference
S11771
Turnover
£2m to £5m
Sector(s)
Construction, Engineering, Service industries
Region(s)
South West England
Added
25 June 2024

Business description

The company provides a wide range of building maintenance services, specialising in fire door and stopping solutions.

The business additionally offers high-quality and professional decorating and
flooring solutions. Its services can be applied to all commercial sectors; as such the company can operate with no particular reliance on any industry.
Utilises service level agreements to ensure cost and time efficiencies, as well as flexible services.
The company is offered for sale to facilitate retirement plans.
Offers invited.

Highlights

  • ISO 9001, 14001, Constructionline-, SafeContractor-, BM TRADA-, SMAS-,
    and CHAS-accredited with Carbon Neutral status. 
  • Circa 50% of income is generated from contracted works. 
  • Benefits from a robust commercial clientele, with prominence in the education sector. 
  • Framework Approved Contractor for all fire door and firestopping works for a major student accommodation provider. 
  • Skilled and experienced workforce in place, with second-tier management in place. 
  • Operates from freehold premises which can be leased to the business.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2020 (Actual) 2,452 91
2021 (Actual) 1,792 127
2022 (Actual) 2,496 405
2023 (Actual) 2,768 505
2024 (Actual) 2,884 524
  • Turnover of over £2.7m in YE23.
  • Adjusted EBITDA of over £505k achieved in the same year. 
  • Outturn turnover of circa £3.6m expected in YE25, which an anticipated adjusted EBITDA of approximately £648k. 
  • 50% of income deriving from contracted work, facilitating reliable and recurring streams of revenue. 
  • Robust pipeline of work secured for the upcoming financial year.

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