Supplier And Installer Of Commercial Raised Access Floors For Sale

The company is a supplier and installer of raised access floors nationwide, specialising in serving the aviation sector. The business provides a vast range of quality flooring solutions with a variety of finishes, from tiling to vinyl. Priding itself on its highly skilled workforce, the company’s staff are vetted by the relevent authorities to enable them to work in secure environments; this ensures predominantly exclusive access to these works in airports across the UK. The company is now being offered for sale to facilitate the shareholders’ retirement plans. Offers invited. Turnover of £3.6m achieved in YE23, with an adjusted EBITDA of £720k. Projected turnover of £5m in YE24, with an adjusted EBITDA of £950k. Average gross profit margin of 34% between YE20 and YE24. Large number of works currently in progress with a total value of £9.1m. Potential pipeline of works that could be worth approximately £7.48m in total. All product ranges comply with current PSA and BS EN performance specifications. Accredited by Achilles. Serves clients across the aviation, construction, and data centre sectors, with the longest client relationship spanning two decades. Hiring additional skilled staff and increasing investment in resources would enable the Company to immediately grow sales, as it is often operating at capacity. Immediate extra opportunities have been identified within the aviation sector. Strong second-tier management team in place that can undertake daily operations and drive business development independently, providing a turnkey opportunity. Operates from leasehold premises.