The company provides a comprehensive range of piling and foundation solutions, carrying out approximately six projects per week across residential and commercial applications.
Services include, but are not limited to, mini and screw/helical piling; continuous flight auger (CFA) piling; sectional flight auger (SFA) open bore piling and grout injection piling; steel cased driven (SCD) piling; screw piling; and the installation of ground beams and reinforced concrete (RC) slabs.
The business’s scalability enables it to effectively work on projects ranging in value from £5k to £285k, with the average project worth £40k.
Our clients are offering the company for sale to realise the assured value of the existing business, while facilitating other, unrelated endeavours. Offers invited.
Key Highlights
- Accredited by CHAS and is a Constructionline Silver member.
- Works with builders, architects, property developers and structural engineers.
- Has retained long-standing relationships with clients.
- Versatile workforce in place, with three candidates able to absorb the shareholders’ responsibilities, post-completion.
- An in-house Engineer ensures the effective completion of projects regardless of their complexity.
- Employees possess a wealth of qualifications, including degrees, certificates and approvals from industry bodies.
- Operates from two leasehold premises in South East and South West England, which are ideally located to facilitate the delivery of services across Southern England.
Financial Highlights
- Generated a YE23 turnover of £3.5m, with an adjusted EBITDA of £244k.
Asset register with a cost price of £790k will form part of the sale, including Cobra drop-hammers, Spartan piling rig, Cobra drilling rigs, vans, trucks, a lorry, diggers, augers, self-levelling lasers and power tools.
- Currently fully booked for projects up to four weeks ahead, based on five-to-six projects per week; our clients anticipate this to extend to five weeks in summer 2024.
