The company provides full-service electrical contracting solutions, priding itself on delivering customer-focused services for clients across a wide range of sectors.
Operating on a regional basis, with a focus on the Midlands, the company is renowned as a trusted, dependable service provider, facilitating the development of long-standing client relationships.
The company’s firm commitment to upholding the highest possible standards across all projects has enabled it to secure a number of significant, long-term contracts and framework agreements with major clients.
Our client is now offering the company for sale as part of their retirement plans.
Key Highlights
- Offers all-encompassing electrical solutions, specialising in system design, installation, maintenance, repairs and ongoing support.
- Operates across the Midlands, predominantly working with prominent public- and private-sector clients in a range of sectors, including local authorities, universities, construction companies and commercial and industrial businesses.
- Holds a wealth of certifications, accreditations and approvals, including ISO 9001, ISO 14001, ISO 45001, NICEIC, Constructionline Gold and CHAS.
- Benefits from a significant client base, maintaining strong relationships, some of which span over 30 years, with 90% of clients providing reliable, repeat business.
- Highly experienced management and operational teams in place, capable of managing most operations with minimal oversight on an ongoing basis.
- Operates from well-connected leasehold premises in the Midlands.
Financial Highlights
- Achieved turnover of £5.4 million in YE24, with an adjusted EBITDA in excess of £1.4 million.
- The company has contracts and framework agreements in place with multiple clients, accounting for circa 45% of turnover in the last year.
- Maintains consistently strong gross profit and adjusted EBITDA margins, averaging 35% and 21%, respectively, across the last five years.
- Strong pipeline in place for the coming year, with ongoing and upcoming works collectively valued at £1.34 million already secured.
- The sustained requirement for the company’s services means that it continues to benefit from new, repeat and referral custom on a regular basis ensuring the enduring prosperity of the business.
