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Deal Opportunities.co.uk

the UK marketplace for company sales

Services related to utilities infrastructure

Reference
S6739
Turnover
£5m to £10m
Sector(s)
Business services, Construction, Electricity, gas & water supply, Engineering
Region(s)
UK Wide
Added
13 January 2020

Business description

The company provides a range of services including directional drilling, gas connections, meter fitting, reinstatement works and plant hire. 

Specialising in the provision of a complete turn-key package for its clients, the company has built up a reputation of reliability, quality and customer-focused performance. 

Our clients are offering the business for sale to facilitate plans for retirement and would be willing to remain post-sale in a consultancy role for a handover period, subject to negotiations. 

Offers invited.

Highlights

  • Generates revenue on a national basis.
  • Serves over 20 large clients including a number of blue-chip utility providers.
  • Strong second-tier management team in place, able to run the business on a day-to-day basis.
  • Holds ISO 9001 certification and a range of accreditations including Gas Industry Registration Scheme. 
  • Operates from leasehold premises with room for expansion. 
  • Room for growth via increasing current service offering to include

Financials

  • FY18 turnover of £5.98m with an adjusted EBITDA of circa £522k.
  • FY19 management turnover of £6.16m. 
  • Shareholder funds increasing annually. 
  • Current order book valued at circa £5.4m.

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