The company delivers building and construction services, specializing in renovations and refurbishments of period and listed properties, ensuring that these buildings are upgraded while maintaining their original charm. Trading for over four decades, the company has established a trusted reputation for its high-quality work and professional delivery, which results in a consistent stream of referrals.
To provide end-to-end services, the company supports its clients in securing planning permission by leveraging its exceptional reputation with local authorities within its operational area; in addition, following completion of a project, the company offers its clients with maintenance of plumbing and heating systems, creating repeat business.
Key Aspects
- Long-standing Reputation: Trading for 40 years, the company has established a strong reputation for reliability and high-quality delivery, resulting in consistent referrals.
- Largely Integrated Service Offering: The company's offering covers the majority of the construction process, from initial support in securing planning permission, to completing construction, and post-completion servicing including maintenance of plumbing and heating systems.
- Strong Relationships with Local Authorities: Owing to its excellent relationships with local authorities, the company supports its clients to ensure that they receive the desired planning permission.
- Foothold With Period and Listed Properties: The company has carved out an excellent reputation for its work on period and listed properties, being positioned as one of the few businesses with the expertise to complete these projects.
- Experienced Staff: Employing tradesmen who are highly experienced and are specialists at adapting to different client characteristics, the company completes projects with the highest standards and exceptional client satisfaction.
- Robust Supply Chain: Having worked with its core suppliers for c30 years, the company has established a reliable supply chain which supports the timely delivery of projects.
- Outstanding Tender Success Rate: Over the past 3 years, the company has secured 100% of tenders that it has applied for, highlighting the quality of work that it offers.
Opportunities
- Scope to Develop Property Management Offering: An acquirer that offers property management and advice on acquisitions and sales would be well positioned to explore a relatively unexplored area of the business. The shareholders would be prepared to share their contacts, built over the last 40 years, to support this area of growth.
- Potential for Geographic Expansion: With an established reputation, the company is well positioned to begin expanding into further surrounding regions, boosting sales and brand awareness.
- Implementation of a Marketing Campaign: Throughout its history, the company has organically traded, gaining new business through referrals. An acquirer with existing sales and marketing resources would be well suited to implement an innovative marketing campaign and new website.
- Assets in Place to Support Growth: With a strong fixed asset register, the company has the capacity to continue growth with minimal investment in new and additional assets.
- Opportunity to Introduce a Plant Hire Offering: Due to its wide array of operational equipment, there is significant opportunity for the company to begin offering some of this equipment for hire to use its assets to increase its revenue streams further, as times when certain equipment isn't required.
Turnover - £1.6m
Adj. EBITDA - £377k
