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the UK marketplace for company sales

Scaffolding & access services

Reference
S9123
Turnover
£2m to £5m
Sector(s)
Construction, Miscellaneous, Service industries
Region(s)
UK Wide
Added
05 August 2022

Business description

The company designs, supplies and installs comprehensive scaffolding systems for a variety of commercial and industrial projects.

Utilising a highly skilled and directly employed team, the company operates flexibly to accommodate its clients’ unique requirements, focusing on safety, service and value at all times to ensure the consistently high standard of its output.

The company has also implemented a dedicated in-house design function, which enables it to provide bespoke designs and cohesive risk assessments that are catered to the individual needs of each client’s specific project.

The owners are now offering the company for sale to support further growth, with access to additional investment enabling it to accelerate its expansion.

Highlights

  • The company benefits from an extensive range of equipment, including both conventional tube and fitting scaffolding and system scaffolding, enabling it to manage a broad variety of projects. 
  • Predominantly works with blue-chip and Tier 1 clients in the construction, infrastructure and rail sectors, securing a multitude of high-value, long-term contracts for significant developments across the UK. 
  • Maintains strong, long-standing client relationships, some of which have been in place since the foundation of the business, with 90% of clients providing repeat custom. 
  • Highly experienced management team in place, possessing the skills and expertise required to manage day-to-day operations with minimal oversight. 
  • Operates from centrally located leasehold premises in North West England, supporting the efficient delivery of services across the UK.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2019 (Actual) 1,136 104
2020 (Actual) 2,054 291
2021 (Actual) 2,778 712
2022 (Actual) 4,113 799
2023 (Forecast) 4,382 972
  • Achieved turnover of £4.1 million in YE22, with an adjusted EBITDA of £800k.
  • Turnover on course to reach £4.3 million in YE23, with adjusted EBITDA also rising to circa £1 million. 
  • The company has achieved consistent year-on-year growth since its inception, with turnover and adjusted EBITDA increasing by 262% and 686%, respectively, between YE19 and YE22. 
  • Having continually reinvested profits into acquiring additional stock, the company has built up a collection of equipment valued at circa £1.3 million. 
  • Maintains strong gross profit margins, averaging 29% across the last four years. 
  • Strong pipeline in place for the coming year, with ongoing and upcoming works collectively valued in excess of £2.7 million, ensuring the sustained prosperity of the business.

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