Project Oku is a well-respected chartered building firm that specialises in the design and construction of luxury homes.
As part of its services, the business oversees projects from start to finish and offers high-end fit-out services, providing clients with a singular point of contact throughout the process.
The company has completed multiple certified schemes and has become the preferred development firm amongst its client network.
Our clients are now offering a unique partnership opportunity during a period of rapid expansion to facilitate further growth.
Offers invited.
• Portfolio spans across the UK, with a focus on the Midlands and South West England,with plans to target expansion into London.
• Projects typically valued between £1m to £10m.
• Developed a bespoke document management system, set to be launched as a SaaS solution.
• Cultivated strong relationships with a large pool of suppliers and traders.
• Active members of various trade associations including CHAS and the Federation of Master Builders.
• Assembled a dedicated and experienced second-tier management team, some of which possess the necessary skills to take over strategic roles.
• Established five additional companies – which are currently dormant – for future ventures.
• Operates from leasehold premises.
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2021 (Actual) | 8,745 | 292 |
| 2022 (Actual) | 8,195 | 260 |
| 2023 (Actual) | 8,425 | 429 |
| 2024 (Forecast) | 10,616 | 809 |
| 2025 (Forecast) | 14,882 | 797 |
• Generated a turnover in excess of £8.4m in YE23, with an adjusted EBITDA of £430k.
• YE24 figures forecast a turnover of circa £11m.
• Projections for YE25 and YE26 indicate a turnover of approximately £15m and £16m respectively.
• Currently managing six ongoing housing projects, worth a collective total of £15m.
• Secured four projects which are due to commence between January and April 2025, valued at £11m.
• Tendering for six further projects, worth an approximate total of £22m.
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