In-service Statutory And Non Statutory Thorough Examination Provider For Sale

The business is a leading independent inspection business, specialising in offering a range of statutory and non-statutory thorough examinations on plant associated with workplace activities. Operating on a national B2B basis, the company provides its services to organisations in the insurance, commercial, healthcare, and manufacturing industries. The business ideally placed to facilitate additional expansion due to its multiple contracted agreements with large organisations as well as its market-leading reputation. The company is being offered for sale to facilitate our clients’ lifestyle changes. Our clients are open to all types of structured offers, subject to negotiation. Offers invited. Turnover of £831k, with an adjusted EBITDA of circa £328k in YE23. 34% increase in turnover from YE21 to YE23. Shareholder funds of £126k in YE23. Benefits from over 1,200 active clients, 97% of which provide repeat business and reliable streams of revenue. Operates from leasehold premises, with a current market value of circa £300k. Highly-skilled workforce in place, set to remain post-sale, with the MD considering working part time after handover as an engineer surveyor, terms to be agreed. Multiple client relationships span more than a decade.