The company is a commercial and industrial electrical contractor carrying out projects for local authority and public sector clients in London and South East England.
Benefitting from an excellent reputation within its sectors, the company carries out work on a wide range of projects, including on heritage buildings and in busy live environments.
At present, the company is working with 18 clients, all of which provide regular repeat business, with some relationships spanning multiple decades.
The shareholders are offering the business for sale to facilitate their retirement.
Offers invited.
Key Highlights
- Offers a comprehensive turnkey service from concept to completion, delivering high-quality electrical installations on time and within budget.
- Services are tailored towards the precise needs of individual clients, including for projects on buildings of all sizes, heritage sites, and live environments such as fire stations.
- Caters to a broad range of sectors, with clients including local authorities, healthcare providers, schools, the emergency services and private landlords.
- Experienced second-tier management team in place.
- Operates from leasehold premises.
- Growth is expected to come from the increased demand for renewable energy, with scope to further promote the company’s services in this area.
Financial Highlights
- Turnover of £2.6m, with an adjusted EBITDA of £293k.
- Pipeline of confirmed and ongoing work is currently valued at £950k, with scope to gain business worth up to £4.9m from outstanding quotes.
