Based in the West of Scotland
For sale is a provider of the electrical installation and maintenance of street lighting for the housebuilding sector. Operating for over three decades, the wider business has assembled a comprehensive service offering, including various residential and commercial security solutions, electrical rewiring and testing, fault finding, street lighting, and emergency flood lighting. As a result, the company has worked with civil engineers and housing developers for a wide range of projects; our clients are now offering the street lighting aspect of the business for sale, which accounts for circa 80% of overall annual revenue. The sale is offered to allow for further focus on each aspect of the company and encourage growth under the impetus of new ownership. Offers Invited. Generated a turnover of £842k in YE23, with an adjusted EBITDA of £152k. Operates within a buoyant market, which is anticipated to grow at a compound annual rate of 3.2% over the next five years to reach £15.9bn. Our clients have indicated that the business is currently working on over 30 new housing projects throughout Central Scotland. Works with 17 active clients, all of which provide reliable repeat business.
Achieved approved supplier status with multiple Scottish councils. Received accreditation from NICEIC. Operates from leasehold premises. Significant potential to capitalise on Government-supported policies for the construction of new housing across the UK.
