The company specialises in refurbishment works for properties to be rented in the social housing sector, operating throughout London and South East England.
The business primarily renovates void and neglected properties that have been acquired by housing associations via the open market. Working with other on-site teams, the company carries out complete refurbishments, disability adaptations, cyclical decorating and environmental work, often operating to strict deadlines.
The multi-accredited company has completed thousands of residential properties since its inception, retaining long-term relationships and contracts with several key housing associations.
Our clients are offering the business for sale due to ill health and to facilitate retirement plans. Offers invited.
Highlights
- Generated a YE25 turnover of £2.7m, with an adjusted EBITDA of £191k.
- Also works with local authorities, schools, and engineers for insurance-related structural / remedial works and one-off, bespoke projects.
- Secures the vast majority of its revenue through long-term contracts, which ensure reliable income streams on a multi-year basis.
- Current forward order book valued at up to circa £30m to be delivered over the next 4+ years, underpinned by high-value Government frameworks and ongoing works for existing clients.
- Retains considerable potential to move into renewables, owing to its existing public sector capabilities and regulatory changes regarding the sustainability of social housing.
- Several key clients have been in place for over 20 years, including one of the largest housing associations in the region.
- Proficient in-house team and scalable network of multi-skilled operatives facilitate time-sensitive project completion and occupant engagement.
- Experienced organic growth throughout its 40+ years in operation, obtaining projects through existing relationships, repeat business and
referrals.
