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Civil engineering solutions

Reference
S12201
Turnover
£5m to £10m
Sector(s)
Construction, Electricity, gas & water supply, Engineering, Service industries
Region(s)
UK Wide
Added
17 December 2024

Business description

Project Tawney offers a full civil engineering package, undertaking the installation and maintenance of drainage systems, highways and pavements, and concrete structures. This is complemented by scalable earthworks services.

The company’s services can meet evolving specifications for projects of all sizes; as such, clients often utilise multiple solutions provided by the business for each scheme, ensuring reliable revenue streams.
Our client is offering the company for sale to facilitate lifestyle changes. Offers invited.

Highlights

  • Attained numerous industry accreditations, including, but not limited to, CHAS, CITB and Constructionline Silver. 
  • Flexible team ensures that the company can work on projects throughout the UK. 
  • Strong working relationships in place with key site management personnel, which bolsters consistent service delivery. 
  • Operates from leasehold premises; centralised location ensures easy access to project sites nationwide. 
  • Vast Government-supported opportunities in civil engineering are set to underpin the industry’s prominence in the coming years.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2021 (Actual) 1,538 269
2022 (Actual) 4,240 567
2023 (Actual) 5,304 552
  • Generated a YE23 turnover of £5.3m, with an adjusted EBITDA of £552k.
  • Secures all income from recurring projects with existing clients; contracts are in place to ensure financial stability. 
  • Retains a strong pipeline as a result of its relationships with prominent entities in the UK-wide construction industry. 
  • Current pipeline comprises £5.6m worth of works, over £2.5m of which is due to commence from Q1 2025 onwards. 
  • Outstanding tenders with an existing client and a key nuclear power scheme; the latter could be worth up to £3m in total if successful. 
  • Asset register worth circa £322k included in the sale, comprising construction plant, vehicles and office equipment.

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