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Mechanical and engineering services

Reference
S8861
Turnover
£1m to £2m
Sector(s)
Construction, Engineering, Manufacturing, Miscellaneous, Service industries
Region(s)
London, South West England
Added
24 May 2022

Business description

Established in 2012, our client’s business is a reputable electrical, mechanical and fabric company situated in the South of England, which provides M&E (Mechanical & Electrical) Services to Exeter through to the wider South West and London Area. It offers M&E services for Commercial and Industrial building projects. On a day-to-day, the company provides a variety of installations from minor bathroom installations to major boiler room installations and fabric upgrade works. The company estimates the break-up of its services to be: 

Electrical/Mechanical – 75%

Fabric/Small Building Works – 25%

With over 30 years’ experience in the trade, the business is a well-established company with a strong footing in both commercial and industrial sectors. 

By virtue of this experience and by providing a high quality of service, the business enjoys a strong reputation with its clients, who all offer repeat custom to the business. 

To be exact, the services include: 

Air Conditioning installation,

Pipework installation and maintenance

MVHR Unit installation and maintenance

Gas and Boiler installations

Ventilation installations

Pump Fittings, installations, and repairs

Heating System installations and repairs

Highlights

  • Successful M&E service provider, servicing London and the South West.
  • Current custom is built on exclusively repeat business, providing both security and potential to find new customers.
  • Great scope for growth with B2C opportunities
  • Potential to create new custom with investment in marketing and advertising.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2020 (Actual) 1,494,110 103,722
2021 (Actual) 1,811,760 163,018

Opportunities

  • Introduce marketing/advertise to generate new as opposed to solely repeat custom.
  • Branch out into B2C as opposed to B2B services.

Prospective purchasers

  • 100% share sale
  • Prospective purchasers will be required to sign an NDA.

Reason for sale

The director wishes to relocate and take on new challenges. 

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