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Fire Protection and electrical systems specialist – offering offering almost all Fire Protection and Electrical Services to the Domestic, Commercial, Industrial and Retail sectors.  

Ref. GK294

Location : Suffolk & Essex

Asking Price : £725,000

Turnover : £1,283,000

Net Profit : Undeclared

Gross Profit : £284,000

EBITDA : Undeclared

Net Asset : Undeclared

Premises : Leasehold

Confidentially offered for sale


  • Turner Butler

Next Step, Please submit Confidentiality Form/NDA Online 

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Turnover:                   £1.283m

Profit:                         c£284,000

Introduction:

Turner Butler has been appointed to invite offers of purchase for 100% of the Issued Share Capital of a leading fire and electrical systems specialist – offering a complete range of Domestic, Commercial & Industrial Fire Protection and Electrical Services including:

Business Profile

Domestic

24/7 Call Out Service

Installation, Repair & Maintenance.

Inspection, Testing & Certification.

Kitchen Electricals.

Bathroom Electricals.

Security Alarms & CCTV.

TV, Satellite, Phone & Data Points.

External Garden Lighting & Power

Commercial / Industrial

24/7 Call Out Service

Design & Build Electrical Installation Services

Design & Build Fire Alarm System Installation

Design & Build Emergency Lighting Systems

Electrical Inspections, Testing & Reports

Data Wiring Systems

Project Management / Service Management / Complete Site Services

Key strengths:

 

The Company has the following key attributes:

 

  • High levels of recurring revenue – circa £400k per annum.
  • Extensive customer base across residential, commercial, industrial and retail businesses:        68 contracts.
  • Nationwide coverage.
  • Long established sub-contarctor relationships.
  • Small workforce
  • Very well established – highly respected within the industry.
  • Accreditations include,

       *Member of the British Fire Consortium.

       *NICEIC Approved Contractor Scheme

       *NICEIC Domestic Installer Scheme.

       *NICEIC Approved to provide Electrical Safety Inspections to the Private Rental Sector.

       *Health & Safety Chas accreditation

  • Highly skilled, expert and trained staff.
  • Complete turnkey operation. 

The Company provides an acquirer with:

  • An excellent bolt on for a business already operating within the fire, electrical & security systems sector.
  • An ideal starter business for anyone looking to establish a foothold within the fire, electrical and security systems sector.

Financial performance:

 For the financial year ended 31st December 2019, the business achieved a turnover of £1,283,000 with an adjusted profit before a single owner’s drawings of c£284,000.

 Of that turnover some £1.05m was derived from commercial customers.

Offers are now invited for a sale of 100% of the Issued Share Capital of the Limited company based on a Balance Sheet value of £87,188 with a £ for £ adjustment to the final sale price to reflect any movement away from this benchmark figure.      

Next steps:

If you are interested in receiving further information, please sign and return the attached Confidentiality Agreement. In returning the Agreement we would be grateful if you could provide us with details of your interest in this opportunity along with your funding position.

All enquiries or requests for additional information should be submitted or directed to Rupert Cattell at Turner Butler (e-mail:rpc@turnerbutler.co.uk )
telephone Head Office: 01895 25 6000.

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
info@turnerbutler.co.uk
www.turnerbutler.co.uk