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CONFIDENTIAL SALE
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620702
156796 / Rightbiz
Project Walton provides reactive drainage, roofing and insulation services to residential premises primarily within Northern England.
The company undertakes a wide array of drainage, roofing and insulation solutions, providing an end-to-end service that incorporates installation, repairs, maintenance and emergency call-outs.
Whilst the majority of the business’s work is attained through insurance call-outs, the company also provides services directly to private individuals.
Our client is offering the business for sale as they believe the time is right for a new owner to take the company to the next level. Offers invited.
Key Highlights
- Holds an operators’ licence for HGVs, enabling it to work with tankers.
- Multi-accredited company, retaining approvals from bodies such as CHAS, PASMA and SSIP.
- Several client relationships have been maintained since the company’s inception.
- All work is undertaken by in-house engineers who possess DBS checks and relevant site certifications.
- Second-tier manager in place who already runs the business in the director’s absence; engineer who could move into a managerial position.
- Operates from ideally located leasehold premises; could be relocated.
Financial Highlights
- Generated a YE24 turnover of £1.5m, with an EBITDA in excess of £550k.
- Generally sees an uptick in work during the winter months as a result of increased insurance call-outs following bad weather. The business is securing circa £25k per week at present as weather conditions change.
- Procures 90% of its income from ongoing contracts with insurance companies that boast considerable combined client databases.
- Positioned within various networks, which has played a key role in maintaining long-term work for insurance firms.
- Due to sign a contract with another insurance company, broadening the client network and revenue streams.
- Asset register worth circa £150k included in the sale, comprising vehicles, trailers, tankers, jetting units and other plant.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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