Carpentry and Fire Safety Contractor

March 04, 2023
by a searcher in London, UK
Full teaser docs available on request
Financial Summary:
Active Tenders: £7.4M
Existing Contract Value(s): £1.8M
Agreed Contracts (January): £1.25M
Expected Contracts (February): £1.1M*
Average Revenue**: £1.3M
Average Gross Profit**: £595k (45%)
Average Net SDE***: £247k (19%)
* To be confirmed at end of February 2023
** Discount FY21 due to Covid impact
*** Sellers Discretionary Earnings before tax
About the business:
* Passive Fire Protection, including a focus on Fire Door supply and installation for education, multi family and commercial uses.
* Joist Installation, Truss Installation and 1st Fix Carpentry Services.
* 2nd Fix Carpentry Services and Kitchen Installations.
Value Drivers:
* Growing demand and importance for fire protection across all property sectors.
* High potential for regulation in the sector continues to increase barrier to entry.
* Strong population growth in the local area and a focus on timber frames/modern methods of construction expected to provide steady long term commercial carpentry works.