Project Foxhaven delivers a comprehensive LEV solution, ensuring clients’ systems are operating in adherence to the HSE and COSHH regulations.
The company’s activities comprise end-to-end projects, using trusted methodologies to implement cost savings; TExT of existing systems; PPM and parts installation; and delivery of a training course.
The business is accredited by SafeContractor, and its engineering personnel hold BOHS-approved qualifications.
Our clients are offering the business for sale to facilitate retirement plans.
Key Highlights
- The sector-agnostic requirement for functional and compliant LEV systems enables the business to operate across sectors such as engineering, manufacturing, marine, aerospace, and pharmaceuticals.
- Several top clients are blue-chip organisations with multiple premises, presenting vast scope to capitalise on new opportunities.
- Two existing employees are suitable candidates to fulfil the shareholders’ responsibilities.
- Operates from freehold premises, which will be included in the sale.
- Ideally positioned to become the go-to service provider for a prominent aerospace brand.
Financial Highlights
- Generated YE23 turnover of £2.4m, with an adjusted EBITDA of £620k. The company is on track to achieve similar EBITDA in YE24.
- Projected to achieve turnover of £2.6m and adjusted EBITDA of £600k in YE25.
- Generates the entirety of its income through contractual agreements and benefits from high amounts of recurring revenue.
- 70% of clients appoint the company for ongoing PPM and testing activities.
- Current work-in-progress of £450k, with a further £2.4m in active quotes.
