Specialising in commercial diving and marine and land-based civil engineering works, the business offers a range of inspections, subsea repairs and construction, masonry bridge repairs and construction, subsea welding, and scout protection services.
The business presents an excellent acquisition opportunity due to its established client relationships, ongoing framework agreements, and strong regional reputation.
Operating on a B2B basis across Scotland, the company provides its services to local authorities, as well as to organisations in the marine, conservation, fishing, and commercial sectors.
The company is now being offered for sale to facilitate our clients’ retirement plans.
Offers invited.
85% of active clients provide repeat business and reliable streams of revenue.
Multiple client relationships span more than a decade.
Strong second-tier operational management system in place.
Operates from large shareholder-owned premises, comprising a storage unit with a mezzanine floor, a yard with further storage, and parking facilities.
Generated a YE25 turnover of £1.8m, with an adjusted EBITDA of £295k.
Has framework agreements in place with local councils making up 40% of turnover.
Current order book of circa £1 million.
Operating within the UK commercial diving market, which is set to expand at a compound annual growth rate of 5.9% through to 2031.
