Based in Southern England, the company is a commercial and industrial electrical contractor undertaking complete projects, from concept to completion, as well as designing and installing solar PV systems and electric vehicle charging points.
The company benefits from a strong foothold within the market due to its extensive client portfolio of blue-chip companies and strong B2B client relationships, as well as its respectable reputation and directly employed, experienced labour force.
The business is now being offered for sale to facilitate the retirement plans of the directors.
Offer invited.
Key Highlights
- Diverse, stable client base, including those in the construction, retail, education, healthcare, marine, transportation, and public sectors.
- Preferred supplier of a number of prestigious and blue-chip organisations.
- Longest client relationships span three decades.
- High staff retention rate, with the majority of staff having been with the company for a decade or more.
- Operates from leasehold premises.
- Ideal bolt-on acquisition opportunity for an organisation offering mechanical services or renewable energy solutions.
- Strong market growth expected in the solar PV and EV sectors, providing ongoing demand for the company’s expert services.
Financial Highlights
- Turnover of £6.1m achieved in YE24 with an EBITDA of £700k reached in the same year.
- Large pipeline of prospective clients in place with works worth a total of £2.5m and £1m per annum, moving forwards.
