The company delivers a comprehensive range of multi-disciplinary property and construction services, primarily to clients in the education sector.
Circa 70% of revenue is derived from the submission of Condition Improvement Fund (CIF) and School Condition Allocation (SCA) applications, and the oversight of the subsequent work. Due to the need for extensive knowledge and experience, and the volume of working capital required for this work, there is a high barrier to entry for new entrants to the market, providing the company with a significant competitive advantage.
The shareholders are offering the business for sale to facilitate their retirement
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2022 (Actual) | 1,633 | 1,082 |
| 2023 (Actual) | 1,976 | 1,237 |
| 2024 (Actual) | 1,794 | 896 |
| 2025 (Actual) | 1,528 | 746 |
| 2026 (Forecast) | 1,784 | 898 |
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