Metal Fabrication, Mechanical & Civil Engineering Contractor
Outstanding opportunity to acquire a full service mechanical and civil engineering contractor with a loyal and diverse customer base, a growing order book, operating in market segments underpinned by resilient growth drivers demonstrating rapidly increasing demand.
The company offers a full service package, with the ability to deliver projects from design and fabrication to civil engineering and installation, and a reputation for quality, initiative and timely service delivery.
With projects carried out across the UK, the company has a highly desirable client base of blue-chip companies spanning commercial building construction, shop fitting, aggregates supply and civil engineering plant companies.
The sale offers an outstanding acquisition opportunity for other engineering or construction companies and/or investors looking for a reliable business already generating strong returns and poised for rapid earnings growth and revenue streams.
Highlights
- Services: Construction, metal fabrication, mechanical assembly & repair, supply of structural steels, design and installation.
- Provides turnkey solutions on a sub-contracted or main-contractor basis.
- Based on South Coast. Operates across the UK.
- Project include: Commercial property construction, Shop fitting for retail and leisure sectors, Civil engineering plant fabrication, construction and maintenance and Power flooring and brush finished flooring.
- High level of repeat business, accounting for over 75% of revenue.
- Loyal and highly skilled team of engineers in an established organisational structure.
- Consistent investment in new equipment and a proactive approach to training.
- Fully equipped industrial facilities, capable of fabricating steel structures on-site.
- Employees: 4 directors and 30 members of staff.
- Freehold premises: 10,556 sq.ft (7,307 sq.ft operations + 3,249 sq.ft. offices).
Financial overview
- The forecast for the next financial year, to 30th June 2019 is in excess of £4.25m.
- Directors’ replacement costs are accounted for within the Adjusted EBITDA
YE 30th June | 2015 | 2016 | 2017 | 2018 | 2019 Forecast |
Sales revenue | £946,473 | £1,875,060 | £3,057,461 | £3,699,669 | £4,250,000 |
Gross profit | £328,814 | £583,659 | £999,627 | £1,161,100 | £1,300,000 |
Percentage | 35% | 31% | 33% | 31% | 31% |
Adjusted EBITDA | £63,486 | £182,605 | £330,465 | £442,694 | £462,100 |
Percentage | 7% | 10% | 11% | 12% | 11% |