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Deal Opportunities.co.uk

the UK marketplace for company sales

Industrial & commercial contractor

Reference
S11829
Turnover
£5m to £10m
Sector(s)
Engineering, Service industries, Technology
Region(s)
South East England, South West England
Added
23 July 2024

Business description

The company is a commercial and industrial electrical contractor undertaking complete projects, from concept to completion, as well as designing and installing solar PV systems and electric vehicle charging points.

The company benefits from a strong foothold within the market due to its extensive client portfolio of blue-chip companies and strong B2B client relationships, as well as its respectable reputation and directly employed,
experienced labour force.
The business is now being offered for sale to facilitate the retirement plans of the directors.

Offer invited.

Highlights

  • Diverse, stable client base, including those in the construction, retail,
    education, healthcare, marine, transportation, and public sectors. 
  • Preferred supplier of a number of prestigious and blue-chip organisations. 
  • Longest client relationships span three decades. 
  • High staff retention rate, with the majority of staff having been with the company for a decade or more. 
  • Operates from leasehold premises. 
  • Ideal bolt-on acquisition opportunity for an organisation offering mechanical services or renewable energy solutions. 
  • Strong market growth expected in the solar PV and EV sectors, providing ongoing demand for the company’s expert services.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2021 (Actual) 4,580 453
2022 (Actual) 5,952 296
2023 (Actual) 6,578 1,000
2024 (Actual) 6,136 707
  • Turnover of £6.1m achieved in YE24.
  • EBITDA of £700k reached in the same year. 
  • Large pipeline of prospective clients in place with works worth a total of £2.5m and £1m per annum, moving forwards.

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