Ref: B09714

Financial Performance

Business Insight

Expert in tracked access systems, bespoke MEWPs, electric and mechanical systems – North West

Financial Highlights

  • Strong financial profile with turnover continuing on an upward trajectory, forecasted in 2027 of £1.1m with an adjusted EBITDA of £548k.
  • Turnover of £1.08m in 2026, £1.04m in 2025 and £896,050 in 2024.
  • Adjusted EBITDA of £573,984 in 2026, £461,594 in 2025 and £312,639 in 2024.
  • Gross margin improving from 65% to 70% across the same three years, with around £185,000 of surveyed work and received purchase orders in hand at any one time.

Overview

  • A powered access hire business trading for over eight years from a single leasehold site in the North West. It runs tracked spider lifts, machines that fit through a standard doorway, spread their weight across lawns, paving and finished floors, and then extend to working heights from three metres to over thirty.
  • Most hires go out with a qualified operator, with the transport and the safety equipment included in the day rate. Customers are trade and commercial, and the strongest positions are in telecommunications, rail infrastructure inspection and utility vegetation management, where the same assets are revisited on maintenance cycles.

Key Highlights

  • Over 23  years in tracked access, a niche most regional access hirers do not serve.
  • Established positions in telecommunications, rail inspection and utility vegetation management.
  • Around 70% of hires supplied with a qualified operator, the transport and safety equipment included.
  • Hired machines owned by the company with qualified employed operatives.
  • A settled team of seven covering the hire desk, credit control, workshop, surveying and operating.

Basis of Sale

  • 100% share capital.
  • Leasehold premises available, pending agreement.
  • Interested parties will be required to sign an NDA.

All enquiries should be made to:
Our Research Team

Email: research@hiltonsmythe.com

Tel: 0161 672 5060

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