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Recruitment in /HGV logistics/Construction/M&E sectors

Reference
S12214
Turnover
£2m to £5m
Sector(s)
Business services, Recruitment, Service industries
Region(s)
East of England, East Midlands, South East England, West Midlands
Added
06 January 2025

Business description

Established approximately 5 years ago, the company is a highly regarded recruitment agency based in the East of England. The company serves the HGV logistics, construction, mechanical and electrical services (M&E), and criminal justice sectors, offering permanent and temporary staffing solutions, alongside driver training programmes.

The company’s services cater to a wide range of roles within its core sectors. These include construction trades such as bricklaying, carpentry, machine operation, and groundworks, as well as specialised M&E positions like pipe fitting, TIG welding, and site management.

Underpinned by a strong brand identity, the company has achieved a competitive standing in the regional HGV logistics and construction market with its 24/7 service availability and the strong sector knowledge brought by its management team.

Over its short history, the company has built a robust client base, with 24 active clients on its driving desk and 12 active clients on its construction desk, representing a good distribution of risk. Its three largest clients contributed ~37% to annual revenue in the latest financial year.

Under the founder’s stewardship, the company has evolved into one of the fastest-growing companies in the area. The company has recorded an outturn of £4.56m for 2025– a 71% increase from 2024. They have significantly outperformed average financial metrics in the UK employment placement agency sector, which takes on average £1.4m in revenue and £110.3k in EBIT (an average profit margin of 8%).*

Highlights

  • Significant year-over-year revenue growth, with an outturn of £4.56m for 2025, up from £2.66m in 2024;
  • Competitive standing in the market, with 24/7 service availability and strong institutional knowledge; 
  • Strong processes, with up-to-date candidate databases, screening systems, booking systems, two-way SMS communications, and electronic time sheets;
  • ISO 9001:2015 and ISO 14001:2015 accredited, ensuring high-quality service standards;
  • Several credible growth opportunities, including geographic expansion into Essex, London, Cambridgeshire, the Midlands, as well as many other locations, and a renewed focus on growing the construction division.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2022 (Actual) 2,971,290 318,667
2023 (Actual) 2,137,640 187,154
2024 (Actual) 2,662,610 145,960
2025 (Actual) 4,560,440 316,145

Opportunities

  • New management could work to scale the company’s construction desk to achieve parity with the HGV logistics desk – a promising area for targeted efforts given the construction industry’s forecasted growth of 2.5% in 2025 and 3.8% in 2026.
  • They could also work to expand geographically into untapped markets in neighbouring Essex, London, Cambridgeshire and the Midlands. The Midlands in particular promises to be a strong growth area.

Prospective purchasers

  • 100% share capital.
  • Leasehold premises available, pending agreement. 
  • Interested parties will be required to sign an NDA.

Reason for sale

The shareholders would like to see the company grow under the stewardship of a larger organisation. One of the shareholders is very keen to continue in the newly merged entity in an employed capacity.

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