The company is a provider of insurance reinstatement services following fire, flooding, subsidence or other property damage, catering to residential, commercial and public-sector properties across the Midlands, Northern England and Wales.
The offering covers repairs to all electrical, plumbing and heating services; plastering, painting and decorating; joinery; roof repairs and replacement, including the provision of access equipment; door and window repairs; and floor covering replacement.
The shareholders are offering the business for sale to facilitate their retirement.
Offers invited.
Key Highlights
Carries out work for 10 clients, catering to the residential, commercial and public sector.
Work is primarily generated from a long-standing client network, with 85% of all revenue derived from dependable sources, and some client relationships spanning 18 years.
The insurance market is buoyant, with the highest number of claims on record being paid out in 2024, due in part to unexpected damage from inclement weather.
Run by an experienced second-tier management team, with no reliance on the owner.
Operates from leasehold premises.
Financial Highlights
Generated a turnover of £2.1 million in YE25, with an adjusted EBITDA of £530k.
Has experienced a 20% increase in turnover and an 89% increase in adjusted EBITDA between YE22 and YE25.
Generates £1m per annum from a strong relationship with a leading insurance provider.
Strong WIP and pipeline of future works, with upcoming projects exceeding £1.8 million.
