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Oilfield Equipment Hire And Servicing Business Near Aberdeen

Aberdeen, Aberdeen City, ScotlandIdentity protected

Available

Oilfield equipment hire and servicing business near Aberdeen

About this business

Trading since 2013, this business hires out, tests and services oilfield equipment such as valves, pumps, hoses and lifting gear from a leased rural yard outside Aberdeen. Customers are drilling contractors, service companies and onshore fabricators. A team of 8 runs the yard, workshop and office. Turnover has eased from £1.53m in 2021 to £1.40m, but EBITDA has climbed from £200k to £236k, so profit per pound of sales has improved. A buyer gets the hire fleet, test equipment and an experienced team.

Key investment highlights

EBITDA up from £200k to £236k
Hire fleet and test equipment
Team of 8
Leased rural yard

Reason for sale

The owner is retiring and the staff are not in a position to buy.

One thing worth reading before you enquire

Worth a look

Revenue 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 -8.3% below its 2021 peak.
- 2021: baseline
- 2022 (-0.9%)
- 2023 (-2.8%)
- 2024 (-2.3%)
- 2025 (-1.1%)
- 2026 (-1.4%)
- Peak 2021 to latest 2026: -8.3%
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 13.1% in 2021 to 16.9% 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.