ACQUISITION OPPORTUNUTY – PROJECT STEPHENSON
Fourth generation professional auctioneers and valuers
The opportunity to acquire the business and/or assets of a leading NSAR approved provider of rail safety training.
Overview
Long established specialist training provider, delivering solutions that can be applied across a variety of businesses and sectors.
Comprehensive range of rail safety courses including PTS (Personal Track Safety), Site Warden, Engineering Supervisor, DCCR (Direct Current Conductor Rails) and SSWOP (Safe System of Work Planning).
Complementary suite of workplace assessment programmes delivered by Network Rail approved assessors.
Key Features
- Industry Common Induction (ICI) approved training centre
- Accredited supplier under the Railway Industry Supplier Qualification Scheme (RISQS)
- Graded as ‘outstanding’ by the National Skills Academy for Rail (NSAR)
- Experienced workforce and network of subcontract trainers
- Leased premises in the North East of England
Assets for Sale
- Goodwill
- Intellectual property
- Equipment
- Customer contracts
- Book debts (subject to finance agreement)
Summary of Financial Information
£’000 | FY23
Mgmt | FY24
Mgmt | FY25 (YTD)
Mgmt |
Income Statement | |||
Turnover | 1,554 | 1,226 | 250 |
Gross Profit | 412 | 258 | 29 |
Operating Profit | 38 | (40) | (104) |
Statement of financial position | |||
Tangible Assets | 187 | 169 | 59 |
Asset Finance | (148) | (132) | (18) |
Current Assets* | 141 | 227 | 150 |
*excluding amounts due from connected parties
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 midday on 31 December 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:
Steven Brown
Director
Tel: 07972 004258
Email: Steven.Brown@kbl-advisory.com
or
Alex Trust
Manager
Tel: 0161 637 8100
Email: Alex.T@kbladvisory.com