ID : 38669
Design & build construction contractor, providing a turnkey service from ground site clearance to completed project handover.
The company specialises in private-sector commercial & industrial developments, predominantly portal-framed shed buildings with an average project value of c.£5m.
* Gross Profit: £5,800,000
* Adj. EBITDA: £2,880,000
* Key Aspects: Secure cash flow with short payment terms & projects funded by institutional funders.. Long-standing relationships with client base, consisting of leading property developers and pension & asset management companies.. Turnkey project execution as a main contractor, with a wealth of experience in portal-frame construction.. Over 80 contracts awarded since 2013, with 8 to 12 projects on site at any time.. Ongoing projects to the combined value of c.lb56m, with the largest project valued at lb16m.. Optimises construction designs to increase profit margins by utilising the most appropriate & efficient foundations and framing & cladding solutions.
* Opportunities: Advantages of shed market include good cash flow, short on-site period, relatively simple programming & competitive pricing.. Largely organic growth expected to increase turnover to c.lb80m within the next two years.. Opportunity for turnover to surpass lb100m with the implementation of appropriate resources & marketing strategies.. Capitalise on the company’s excellent reputation in the UK to pursue larger shed projects, with values ranging between lb15m to lb30m.. New business development manager employed in May 2018 to facilitate growth.
* Potential Purchasers: Other main design & build construction contractors, particularly engaged in the construction of commercial sheds based elsewhere in the UK seeking to expand geographically.. Facilities management, civil engineering & M&E engineering firms looking to broaden their service offering.