The company is a highly regarded main contractor, undertaking a diverse range of construction and property development projects for major clients.
Operating nationally, the company benefits from a highly skilled team and is capable of managing significant commercial, residential and industrial developments, with the consistently high standard of service that it provides enabling it to earn an excellent reputation within its sector.
Additionally, the company specialises in the delivery of highly efficient projects, achieving a strong EPC for all properties, dependably delivering full turnkey solutions and standing apart from competitors as a leading supplier.
The shareholders are now offering the company for sale as part of their retirement plans.
Key Highlights
• Operates in the construction sector, predominantly working with asset management companies, property developers and private clients on projects based across the UK.
• Maintains a particularly prominent presence in London and the surrounding areas, earning an excellent reputation as a trusted, dependable partner.
• Long-standing, loyal client base, with some relationships spanning over 15 years and 100% of revenue in the last year being supplied by returning clients.
• The asset managers that the company works with will be able to deploy more capital for projects once Solvency II amendments are implemented, which could drive further expansion of the business.
• Highly skilled management team in place, possessing the necessary skills and expertise to continue independently managing and growing the business on an ongoing basis.
• All staff operate either remotely or on-site at clients’ premises, meaning that the business can be efficiently managed from any location across the UK.
Financial Highlights
• Achieved turnover of £5.87 million in YE22, with an adjusted EBITDA of circa £2.14 million.
• The company has achieved consistent year-on-year growth across the last four years, with turnover and EBITDA increasing by 134% and 499%, between YE19 and YE22.
• Turnover is on course to reach circa £11 million in the current year, with adjusted EBITDA also projected to exceed £3.83 million.
• Maintains strong gross profit and adjusted EBITDA margins, peaking at 48% and 36%, respectively, in YE22.
• Strong pipeline in place for the coming year, with ongoing and upcoming works collectively valued at £10.1 million secured for the coming year, along with projects valued at £4.1 million for the following two years, ensuring the sustained prosperity of the business.
