The company is a specialist provider of lifting and safety equipment for hire and sale. The company also offers onsite LOLER equipment inspections, repair, and maintenance services for customers’ own lifting equipment and benefits from an 80t capacity horizontal test bed at its own site.
Priding itself on its exceptional service provision and high-quality products, the company is a member of the LEEA, CPA, and SafeContractor.
The business is now being offered for sale to facilitate growth under the impetus of new ownership.
Offers invited.
Key Highlights
- Serves a wide-ranging and diverse customer base across the steel, food manufacturing, HS2 infrastructure, telecoms, infrastructure, geotechnical, oil and gas, and recycling sectors.
- Over 200 active customers, many of which are blue-chip organisations that provide ongoing, repeat business.
- Experiences a low staff turnover rate, ensuring high levels of in-house knowledge and expertise.
- Operates from leasehold premises.
- Ideal bolt-on acquisition for an existing synergistic organisation within the plant and tool hire sector.
Financial Highlights
- Turnover of £2m in YE22 with an adjusted EBITDA of £500k.
- Shareholder funds in excess of £1.1m.
