Carpentry and Fire Safety Contractor

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.