Well Established Midlands Based Civils And Drainage Company For Sale

Business description

This well established civils and drainage company has been established under the same name for over 20 years and has since developed an outstanding reputation for the quality of its work as well as the efficiency it produces.

The current owner set the business up over 20 years ago and has successfully grown and developed a profitable business with huge potential. The owner is now looking to move into semi-retirement having taken the business as far as he can.

The businesses main activities revolve around the following sevices;

High pressure water jetting of pipelines, sewers and culverts.
Cleansing of manholes, catchpits, stormwater attenuation systems
Emptying of wetwell chambers, septic tanks, cess pits, lagoons
Pumping out and de-silting of cellars, basements.
Emptying of road gullies and jetting of laterals
CCTV survey of pipelines, sewers and culverts.
Sewer investigation works, location, tracking and tracing.
Root cutting, chain flailing, wire brushing of pipelines and seers.
Patching and relining of pipelines and sewers.
Remedial works to manholes and chambers

As well as these main areas of business, the company also conducts a variety of civils work as and when requested.

The business has built such an outstanding reputation for its work due to the fact it employs the majority of its workforce, limiting sub contractors where possible. This gives the owner the opportunity to ensure the work done is being dealt with at a consistently high level.

The company carries full liability insurance cover together with ‘All Risks’ cover and is a certified carrier of waste under the Control of Pollution (Amendment) Act 1989.
The business currently employs around 22 full time members of staff, across a wide variety of roles. These include general administration at the main office, to skilled labourers.

The company has, as with many civils companies and any business involved within the contruction and maintenance sectors, seen a slight decline in turnover during 2009-2010 due to the reccession. However, we are pleased to report that trading has improved since and is now gathering pace. Current forecasts for 2011 trading figures should show turnover towards the £1million mark.

The company has a good balance sheet, and in all, the business has a sound financial footing with huge opportunities for growth.

The business, whilst based in the Northamptonshire area, covers all over the UK. Although the majority of its work is within a couple of hours drive of its main office.

The main office and yard are conveniently located to both major access routes such as the M1, as well as being within easy reach of major conurbations such as London, being just one hours drive.

An ideal purchaser for this business would be a larger operator in a similar or competitive field of business, who can make an acquisition to enter into this particular field of specialisation.

The current owner would be willing to have some involvement moving forward during any transition period.

Full trading figures available to genuine interest.

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Property information

Property:

Leasehold