An exciting opportunity to purchase a North East specialist contractor providing diamond drilling & sawing and fire protection services.
The leading North East specialist drilling & sawing contractor, with an excellent reputation and an expert service offering.
Also a provider of fire stopping services, delivering penetration sealing and cavity barrier work using Firas Certifire-accredited materials.
A stable of repeat business from household-name construction firms working on some of the biggest projects in the region are a testament to its reputation.
Strong and reliable team with decades of specialist experience and a consistent focus on bespoke client service, technical ability, state-of-the-art equipment and long-standing customer relationships.
The Company’s primary bottleneck on revenue and profitability has been a lack of capacity in both machines and space; investment in these areas would yield immediate returns due to high demand.
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2022 (Actual) | 1,403 | 217 |
| 2023 (Actual) | 1,711 | 385 |
| 2024 (Forecast) | 1,750 | 310 |
Owner-directors' decision to retire.
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