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Domestic glazing

Reference
S11735
Turnover
£2m to £5m
Sector(s)
Engineering, Miscellaneous, Service industries
Region(s)
Scotland
Added
18 June 2024

Business description

The business specialises in the supply and fit of windows and doors, bespoke balustrading, and kitchens, bathrooms, and bedrooms.

The company is ideally placed to achieve further growth due to its well-established reputation and lucrative customer relationships.
The business operates on both a B2B and B2C basis across Scotland. It supplies its offering to domestic customers and to businesses operating largely in construction and healthcare sectors, as well as to local councils.
The company is now being offered for sale to facilitate the director’s retirement plans and to support the managing director in taking the business to the next level.
Our clients are open to all types of structured offers, subject to negotiation.
Offers invited.

Highlights

  • Benefits from 115 active customers, 72% of which provide repeat business.
  • Second-tier management team with vast industry experience, who are all set to remain post-sale. 
  • Operates from two leasehold premises in east Scotland.
  • Multiple contracted agreements with a number of local councils, healthcare providers, and housing associations. 
  • Achieved a number of accreditations, including from Acclaim, the FCA, and the CPA.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2020 (Actual) 2,668 184
2021 (Actual) 2,341 148
2022 (Actual) 4,180 452
2023 (Actual) 4,227 341
  • Turnover in excess of £4.2 million in YE23, with an EBITDA of circa £341k.
  • YE23 shareholder funds in excess of £926k. 
  • Operating within a secure market that is set to grow at a compound annual growth rate of 4.5% through to 2028. 
  • Current pipeline in place of circa £520k, comprising replacement and upgrade jobs for local councils and construction companies.

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