Acquisition Opportunity: Project Yellow
Fourth generation professional auctioneers and valuers
The opportunity to acquire the business and / or assets of an expert independent provider of high quality fire alarm and security systems
Overview
Well renowned provider of bespoke engineered system solutions for commercial offices, residential apartments, commercial buildings, education, healthcare and retail.
Established partnerships with the leading UK and international brands and manufacturers of fire and security safety systems.
Specialist, accredited services include design and installation and preventative and reactive maintenance.
Key features
- Annual turnover of approximately £1.2m;
- Diverse customer base;
- Ongoing contracts with recurring revenue;
- Experienced workforce comprising 15 full time employees and 2 directors;
- Accreditations including ISO9001, BAFE and SSAIB; and
- Well situated leasehold premises in the North West.
Assets for sale
- Goodwill
- Website
- Fixtures and fittings
- Motor vehicles
- Work in progress
- Customer contracts
- Book debts and retentions
Summary financial information
| £’000 | FY22 Actual | FY23 Mgmt | FY24 YTD* Mgmt |
|---|---|---|---|
| Income Statement | |||
| Turnover | 1,606 | 2,018 | 563 |
| Gross Profit | 737 | 889 | 239 |
| Net profit / (loss) | 163 | (136) | (280) |
| Statement of Financial Position | |||
| Fixed Assets | 114 | 151 | 148 |
| Current Assets | 1,412 | 938 | 676 |
* 6 month period only
Process
Further information can be obtained from KBL Advisory on completion of a standard non-disclosure agreement.
KBL Advisory is requesting indicative offers, supported by proof of funding, by 5pm on 12 July 2024 with a view to completing a transaction as soon as possible thereafter.
We reserve the right to close the bidding process early or extend the deadline for indicative offers without liability or advanced notice.
All correspondence in relation to this opportunity should be directed to KBL Advisory as follows:
Sarah Bates / Alex Trust
KBL Advisory Limited
Tel: 07414 932851 / 0161 637 8100