Based in Southern England
Overview
The company services, repairs, and calibrates a wide variety of medical and laboratory equipment, including autoclaves, CO2 incubators, furnaces, low-temperature freezers, laboratory glass washers, and water baths.
The business offers a multitude of contracts, which are designed to suit an array of budgets and requirements, and are bespoke to each particular client.
Operating for over 30 years, the company has developed strong, long-standing relationships with a comprehensive range of clients, including NHS Trusts, the UK Government, and major UK universities.
Our clients are now offering the business for sale to facilitate their retirement plans.
Offers invited.
Key Highlights
- Works with universities, colleges, therapeutic organisations, cancer research institutes, veterinary institutes, and research and development companies.
- Currently has 177 active clients, all of which provide ongoing streams of reliable revenue.
- Has 235 contracts in place to service circa 4,400 laboratory instruments.
- ISO 9001 certified.
- Dedicated team of service engineers in place, capable of undertaking directorial duties post-sale.
- Operates from leasehold premises comprising an office, a workshop, and storage facilities.
- Plans to gain its ISO 17025 UKAS certification to allow the company to target more institutes for service contracts.
Financial Highlights
- YE24 turnover of circa £602k.
- Adjusted EBITDA of £146k achieved within the same year.
- 70% of revenue derived from contracts.
