The group of companies operate as a specialist provider of structural steel erection services, carrying out work on a diverse range of projects in the commercial, industrial and education sectors.
The group also provides powered access machines on a rental or sale basis, with its asset list including all-terrain boom lifts, slab / all-terrain scissor lifts and specialist deck riders.
The shareholders are offering the company for sale to facilitate their retirement.
Offers invited.
Key Highlights
- Caters to 23 clients across the construction sector, supporting commercial, industrial and public sector projects by blue-chip contractors and subcontractors.
- Also offers training to NVQ level six at an on-site facility.
- Experienced second-tier management team in place.
- Operates from freehold premises.
- Strong pipeline of future work, with ongoing projects currently valued at circa £1.3m.
Financial Highlights
- Turnover of £4.2m
- £683k EBITDA achieved in YE23
- 29% gross profit margin