This opportunity operates predominately in the Film and TV industry which due to various tax breaks for production companies in the UK, makes the UK a highly desirable location for many companies. Coupled with the advent of streaming services such as Netflix and the likes, the requirement for additional space in the market has resulted a significant rise in enquires and the need for the services Project Honey offer.
Project Honey offers a superb opportunity to acquire a substantial and well respected, profitable business which operates within a very secure environment. The business benefits from having built up a fantastic reputation within the Film and TV industry. founded in 2016 by the current vendors. The business offers a range of temporary and permanent structures including; Aluminium framed buildings, cold rolled steel framed buildings and hot rolled steel framed structures for both supply and installation
2021- projection 2020
Turnover £ £
Cost of sales 2,337,698 685,792
Gross profit 1,314,956 375,559
Overheads 420,785 219,504
Net profit / (loss) before tax 894171 158149
Adjusted EBITDA 1084829 341031
The opportunity to increase revenue in the Film Studio sector has seen rapid growth and demand. This is due in some part to the current demand on studio and filming facilities from the streaming sector and creating more pressure on studios that cannot cope with the backlog or current demands of suitable facilities. Currently there are approximately 15 live projects with a forecasted budget of circa £4bn to be delivered over the next 4 years.
Project Honey also operate in the sports buildings sector, and we currently have 4 live projects for this discipline, which has higher margins and excellent demand.
Project Honey also have a range of temporary buildings that are offered for sale or rental that are relocatable. These buildings are supplied and fitted at a clients premises on a lease and are invoiced quarterly, providing a steady and recurring income.
Several large, blue chip organisations
To enquire, you will need to complete our Investor Verification Process and sign a Buyer Consent Form.