Overview
Project Zeta specialises in the provision of traditional lime, heritage, and fibrous plasterwork.
Renowned by specifiers and contractors for its ability to successfully accomplish complex projects, the company has developed an enviable reputation within the industry, which has led to long-standing relationships with a multitude of prestigious clients.
Priding itself on its flexibility, the business offers a wide range of applications, from the conservation and restoration of period properties to rendering and decorative plastering in modern new-build developments.
Demonstrating the company’s consistent quality, the business has won numerous coveted awards in the industry.
Our clients are now offering the business for sale to facilitate retirement plans.
Offers invited.
Key Highlights
- NFB and FIS member.
- Operates in the construction sector, providing its expertise and services to architects, designers, contractors, property managers, and property owners.
- Currently works with circa 50 clients, all of which provide reliable streams of ongoing contracted income.
- Robust and experienced in-house team in place.
- Developed an apprenticeship programme, with many of the company’s previous apprentices now a valuable part of the core team.
- Scope to expand geographically and open a southern-based office to focus on more opportunities in and around London.
- Operates from freehold premises, with a value of circa £800k, which are included in the sale of the business.
Financial Highlights
- YE23 turnover of circa £2.4m.
- Adjusted EBITDA in excess of £1m achieved within the same year.
- Operating nationally, 60% of sales derive from Northern England, whilst the remainder are generated from Southern England.
- Currently focusing on its existing client base, with an expected turnover of £2.5m for YE24.
- Already turned over £1m as of April 2024.
- Has five projects lined up for 2024, with a forward order book value of circa £1m.
