Recruitment Business Specialising in M&E Building/Construction Services (Project Seaview)

Project Seaview – Sold

An opportunity to acquire the business and assets of a recruitment business specialising in mechanical and electrical building services and related construction activities.

Executive Summary

  • Long standing and well respected business providing bespoke staffing solutions to the construction sector
  • Loyal customer base
  • UK wide coverage
  • Office in Wales with 6 Administrative staff
  • Client book – ongoing projects and pipeline

 

Financial Summary FY22 (Management)

 

£’000

FY21

(Statutory)

£’000

FY20

(Statutory)

£’000

Turnover 4,873 2,901 2,218
Gross Profit 470 220 137
Net Profit/(Loss) After Tax (38) (72)
Total Assets 900 750 657
Total Liabilities (972) (946) (815)
Net Assets/(liabilities) (72) (196) (158)

Revenue – £4,873k FY22

Gross Profit – £470k FY22

Total Assets – £900k FY22

SALE PROCESS AND FURTHER INFORMATION

The deadline for offers is Friday 10th March 2023 and accordingly interested parties are encouraged to make contact as soon as possible.

On receipt of a signed non-disclosure agreement (NDA) access will be provided to a virtual data room housing additional information. To access the NDA please click the link, sign and return via email to nhughes@hilcoglobal.eu

Contacts

Nick Hughes MRICS

Senior Director

London Office

+44 (0) 7979 541238

nhughes@hilcoglobal.eu

Tim Salter MRICS FAAV

Director

Southampton Office

+44 (0) 7513 830397

tsalter@hilcoglobal.eu