The company provides onsite engineering labour to a vast range of sectors, as well as operating a large fully equipped fabrication workshop with overhead crane facilities, as well as machining, folding, rolling, and cutting, multi-coded welding capabilities.
Priding itself on its efficient, professional services, the company benefits from a large, reliable workforce that is coordinated and on-call 24 hours a day, enabling it to respond to client
requirements within two hours.
The business is now being offered for sale to facilitate retirement plans.
Our clients are open to all types of structured deals subject to terms.
Offers invited.
Key Highlights
- Serves a diverse range of sectors.
- Has increased number of active clients.
- Operates a fully developed website.
- Strong second-tier management team in place that can undertake daily operations and drive business development independently, providing a turnkey opportunity.
- Scope to pursue geographical expansion nationally and internationally.
- Could benefit from developing an interactive website to expand its online presence and reach additional clients.
- Operates from leasehold premises, which can be included in the sale subject to separate negotiations.
Financial Highlights
- Turnover of £2.9m in YE24 with a gross profit of £1.9m and an adjusted EBITDA of £709k.
- YE25 draft accounts indicate a turnover of £3.5m, with a gross profit of £2.3m and an adjusted EBITDA of £960k.
- Large pipeline of work in place worth circa £845k.
- Awarded a 24-month contract with existing client for heavy engineering and maintenance with an expected revenue of £700k per annum.
- Premises worth approximately £375k.
- Revenue has increased by 20% in YE25, and is forecast to increase by 20% in YE26.
