ID : 16823
Electrical contractor specialising in design, installation, specialist electrical testing & maintenance services to private & public sector clients across the UK.
* Gross Profit: £1,825,000
* Adj. EBITDA: £1,270,000
* Key Aspects: Established long-term relationships with a number of impressive customers including several blue-chips.. Able to provide full service offering from initial concept design, through to installation & full project management.. Maintenance contracts provide a recurring income stream, which currently equates to 5% of sales.. Industry sectors including retail, education, leisure, industrial, residential & entertainment.. Core market (M&E) continues to grow year-on-year, which the company stands well placed to benefit from; sales expected to reach lb7m in next two to three years.. Work carried out by in-house, highly skilled workforce. Strong second tier management team oversee project management.. Also carries out a small amount of high-end, bespoke domestic work for HNW clients.
* Opportunities: Poised to benefit from growth in the M&E sector, annual spend expected to reach lb18bn in 2018.. Yet to exploit focused marketing to drive sales growth.. Acquirer in same sector could benefit from cross-supplier relationships to achieve better charge-out rates.. Staff skillset could be used to exploit more higher margin domestic work.
* Potential Purchasers: Mechanical & engineering contractors.. Multi-disciplined building contractors.. Refurbishment & fit-out (commercial & industrial).