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Civil Engineering / Water Services Company

Ref. GF040

Location : Herefordshire

Asking Price : £350,000

Turnover : £375,000

Net Profit : £45,000

Gross Profit : £210,000

EBITDA : Undeclared

Net Asset : £180,000

Premises : Leasehold

Confidentially offered for sale

  • Turner Butler

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Leasehold or Relocatable

Asking price includes:

The last three years accounts have produced an average turnover of around £375,000

Gross profits circa £210,000

Adjusted net profits circa £45,000

Net assets circa £180,000

Full compliment of specialist equipment

Broad range of niche market services

Blue chip client base

International opportunities

Leasehold premises if required

Good will

Business Profile

This company was founded by its managing director over twenty years ago. It specialises in providing trench less technology and “no dig” techniques where it would be costly, unsightly or technically challenging to carry out normal trench installations. It provides its services for the provision of conduits for water, gas, electrical, sewage and computer cabling ducts. It also provides a wide range of services to private water companies, local utilities, Local authorities, Local Councils, Housing associations, Building Companies and of course private individuals. These services include new pipes, lead pipe replacement and cable installations, moles, thrust boring, soil displacement hammers, directional drilling, pipe bursting and pipe ramming, mains water pipe replacements, sewage pipe replacements and relays, trench less technology. Water and sewage replacements for pitch fibre pipes. Septic tank emptying, CCTV reports and gulley work.

It uses a range of specialist equipment including mole boring and directional drilling equipment that allows it to operate in the most challenging of terrains.

Key Strengths:

• Well established with an excellent reputation

• Wide range of specialist equipment

• Experienced and skilled staff

• Blue chip client base

• International project work

• Twenty four hour emergency call out facility

• Limited competition


A full asset register of available equipment will be available on request.

Financial profile:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The last three years accounts have produced an average turnover of around £375,000 with gross profits being in the region of £210,000. Adjusted net profits are circa £45,000. Net assets are around £180,000.

Marketing and Advertising:

The business has produced a company brochure and has its own comprehensive website.


The business is located on a small rural site adjacent to the private residence of the director. The site covers approximately half an acre and includes a large workshop, office area and yard for equipment storage.

The vendor will consider leasing site for an annual rent of circa £25,000. Alternatively the buyer may wish to relocate the operation to a venue of their choice.


• Two director / shareholders

• One general manager

• One HGV driver and labourer

• Two general operatives

• One yardman

• One part time secretary

Support and Training:

The owner will provide a full handover for a period to be agreed as part of the sale negotiation. He will also be willing to remain involved with the business on a consultancy basis on an ongoing basis subject to suitable terms being agreed.

Turner Butler Disclosure Statement

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner Butler
Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 01895 25 6000 Facsimile 01895 678532