Overview
The company specialises in the supply, installation and maintenance of comprehensive fire safety systems.
The business’s product range includes domestic smoke alarms, fire alarms, fire extinguishers, and emergency lighting.
With extensive expertise in repairs and fire risk assessments, the company has become the go-to business for many large organisations when urgent and critical tasks need to be completed.
Our client is now offering the business for sale to facilitate retirement plans.
Offers invited.
Key Highlights
- Designs user-friendly fire alarms bespoke to the individual needs of the client, whilst ensuring to meet current fire safety legislation and insurance requirements.
- Provides a 24-hour rapid response service all year round, to assist in a wide range of emergency situations.
- Has cultivated a suite of prestigious accreditations, including BAFE, CHAS, NAPIT, and Constructionline.
- Serves local authorities, housing associations, and landlords.
- Benefits from 150 active clients, 88% of which provide reliable streams of ongoing revenue.
- Strong reputation within the industry, ensuring a high success rate when tendering for new work.
- Recently secured a contract for another city outside of London.
- Significant scope to develop via the recruitment of additional engineers, as well as sustained investment into the infrastructure to increase the company’s current service offerings.
- Scope to expand into new cities doing interim work.
Financial Highlights
- YE24 turnover in excess of £436k.
- 40% of revenue is generated via contracts in place for fire risk assessment work, providing reliable streams of ongoing revenue.
- The drop from YE23 onwards was the result of a halt in tenders due to a bereavement. The business can be scaled back up with investment from a new owner and has already seen an improvement this year, with the Company having tendered work for YE25 with a value of £5 million.
