← All businessesEnergy & Utilities / Hydrogen & Emerging Energy / Hydrogen infrastructure
Hydrogen And Gas Pipework Engineering Firm In Bradford
Bradford, West Yorkshire, Yorkshire & the HumberIdentity protected
Available
About this business
A Bradford engineering firm that designs, installs and maintains gas and hydrogen pipework, storage and refuelling equipment for industrial sites and depots. It began in 2009 as a gas engineering business and now has 20 staff, based in a rented workshop and office on an industrial estate. Turnover has been steady at around £2.40m, while adjusted EBITDA has climbed each year to £317k. Net assets are £1.11m, above the £950k asking price.
Key investment highlights
- Adjusted EBITDA up each year to £317k
- Team of 20 engineers and staff
- Net assets of £1.11m
- Trading since 2009
Reason for sale
The majority shareholder is retiring and the remaining director does not want to buy him out.
Nothing flagged on the two questions buyers ask first
No flagRevenue 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 directionNo flag
Turnover is flat year on year.
- 2021: baseline
- 2022 (+1.2%)
- 2023 (-0.6%)
- 2024 (+0.7%)
- 2025 (+1.4%)
- 2026 (+0.7%)
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 11.5% in 2021 to 13.2% 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.