Menu

Deal Opportunities.co.uk

the UK marketplace for company sales

Consulting engineering practice

Reference
S11203
Turnover
£1m to £2m
Sector(s)
Agriculture, forestry & fishing, Engineering, Professional & financial, Service industries
Region(s)
North West England
Added
05 December 2023

Business description

Project Otavite delivers a wide range of civil, geo-environmental and structural engineering solutions, providing its expertise to projects ranging from individual jobs on housing estates to large highway schemes.

Services can be offered as standalone or an end-to-end package, encompassing site appraisals and desk studies; drilling, laboratory testing and forensic failure investigations; in-depth reporting; analysis, inspections and appraisals of superstructure and substructure projects; drainage design
and feasibility; and drawing preparation.
The company utilises various state-of-the-art technologies, such as the Professional Design Suite and AutoCAD.
Our clients are offering the business for sale to facilitate
retirement plans. Offers invited.

Highlights

  • Frequently re-appointed by numerous core clients, including local authorities
    and blue-chip construction firms. 
  • Wealth of in-house expertise in place, facilitated by low staff turnover rates. 
  • Second-tier management personnel who can take on greater responsibility within the business. 
  • Operates from premises based in North West England, which are owned by the shareholders and leased to the company; circa 25% of the property is currently unused, presenting scope to expand the team effectively. 
  • Ideally placed to procure local authority frameworks to generate recurring revenue. 
  • Primed to take advantage of developments within the consulting engineering, civil engineering and housebuilding sectors.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2021 (Actual) 1,724 710
2022 (Actual) 1,686 673
2023 (Actual) 1,843 703
2024 (Actual) 1,652 561
  • YE24 turnover is forecast at £1.6m.
  • Generated a YE23 turnover of £1.8m, with an adjusted EBITDA in excess of £700k. 
  • 80% of the business’s works are for the housebuilding sector. 
  • Circa 80% of revenue is derived from existing clients. 
  • The development of a diverse client network has enabled the business to operate without reliance on any particular client to generate income.

Contacting the person who posted this opportunity

All opportunities on this website have been posted by advisers, or occasionally by company owners. Deal Opportunities Limited is not acting on any of these opportunities.

All the information available to us for this opportunity is shown above. We do not have any additional information.

Please contact the person responsible for this opportunity in order to request further information, or to express an interest in it.

You are not currently logged in to the site. If you are a regular user, please log in before requesting contact details.

Register Log in now Get their contact details without logging in

Log in

Forgot your password? | Don't have an account? Register here

Please submit your contact details

Once submitted, an automated email will be sent to you giving you the full contact details of the person responsible for this opportunity. This is entirely free of charge.

Your contact details:

Businesses for sale