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Consultancy & training within the medical sector

Reference
S11809
Turnover
£1m to £2m
Sector(s)
Engineering, Health & care, Professional & financial, Service industries, Technology
Region(s)
UK Wide, Outside UK
Added
16 July 2024

Business description

The group provides consultancy and training across a wide range of specialisms within the pharmaceutical, biotech, and medical device sectors. In addition, the group offers engineering and CQV services for sterilisation, depyrogenation, thermal system monitoring, hydrogen peroxide systems, and steam quality testing.

The group has developed an exceptional reputation for excellent on-site consultancy work with procedures and systems, which has enabled it to become an approved supplier for many of its clients.
The group is now being offered for sale as part of the shareholder’s eventual retirement plans.

Highlights

  • Serves a number of prestigious and blue-chip organisations.
  • The most lucrative and consistent work of the group’s is linked to clients that are starting out and moving from R&D or clinical trials to commercial manufacturing. 
  • Operates within the strong biotech start up market in the UK and continued investments due to tax breaks for high tech pharma organisations in the Republic of Ireland will provide ongoing work for the group. 
  • Continuing to expand the team and creating a more structured management staff approach will provide a strong platform for further development. 
  • Directors willing to remain with the group long-term to assist with continued growth, depending on buyer preference. 
  • Operates from easily relocatable leasehold premises.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2021 (Actual) 951 237
2022 (Actual) 1,011 129
2023 (Actual) 1,417 290
2024 (Actual) 1,622 438
2025 (Forecast) 2,250 668
  • Turnover of £2.2m achieved in YE24 with an adjusted EBITDA of £720k.
  • Projected turnover of £2.8m with an adjusted EBITDA of £933k in YE25. 
  • Currently has approximately £800k worth of purchase orders for work going forward. 
  • Continuous, recurring revenue streams account for approximately 50% of turnover. 
  • Operates within several rapidly growing marketplaces with multi-trillion revenue values.

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