← All businessesConstruction, Property & Infrastructure / Plumbing & Heating (HVAC) / Air conditioning & refrigeration
Air Conditioning And Refrigeration Engineers With Freehold, Newcastle
Newcastle upon Tyne, Tyne and Wear, North EastIdentity protected
Available
About this business
A large air conditioning and refrigeration contractor in Newcastle upon Tyne, trading since 2014 and owning the freehold of its industrial site. It designs, installs and maintains systems for supermarkets, warehouses, offices and data rooms. Turnover has eased from £6.83m in 2021 to £6.4m, but EBITDA has risen to £1.85m, a strong margin of about 29%. A team of 62 includes engineers, designers and service staff. A buyer gets the property, a large skilled workforce and a highly profitable business. The asking price is £7.45m.
Key investment highlights
- EBITDA of £1.85m
- Margin of about 29%
- Freehold site included
- Team of 62
Reason for sale
The founder is retiring and the management team does not want to buy.
One thing worth reading before you enquire
Worth a lookRevenue going backwards and one client being too much of it are the two things that end most deals in due diligence. Both are shown here up front, from the figures the seller supplied.
- Revenue directionWorth a look
Turnover is flat year on year but sits -6.8% below its 2022 peak.
- 2021: baseline
- 2022 (+0.6%)
- 2023 (-1.5%)
- 2024 (-3.6%)
- 2025 (-0.9%)
- 2026 (-1.0%)
- Peak 2022 to latest 2026: -6.8%
6 years of turnover, 2021 to 2026, as supplied by the seller.
- Client concentrationNot stated
The seller has not declared what share of revenue the largest clients represent.
No declaration supplied. Client concentration cannot be derived from accounts.
EBITDA margin widened from 24.2% in 2021 to 28.8% in 2026.
These are observations from the supplied figures, not a view on whether this business is worth buying. Nothing here predicts an outcome.
Computing valuation...
What happens next
Submit an enquiry to the seller. Once they approve it, you sign a non-disclosure agreement and gain access to the information memorandum, the financials and a secure deal room with the seller.