For Sale
Construction Training and vocational work-based Qualification provider
Scotland
- Asking Price: POA
-
Turnover:
Turnover IRO - £2.2m in 2024.
• 100% share capital.
• Leasehold premises available, pending agreement.
• Interested parties will be required to sign an NDA.
- Tenure: Leasehold
Please quote reference number B08188.
The company is one of Scotland's largest and most reputable construction training providers, offering a comprehensive suite of construction-related training courses and vocational qualifications. Commanding a sizeable market share in Scotland, the company serves the majority of the UK’s major contractors, house builders and subcontractors, along with many smaller outfits.
Key offerings include the delivery of CITB-accredited courses, IOSH-accredited training, and a wide range of other construction-focused programmes, including first aid, fire warden, and manual handling. They also deliver Skills Development Scotland (SDS) Modern Apprenticeships at both craft technician and professional framework levels, as well as CITB Technician Level Apprenticeships. SDS-funded courses and qualifications account for 59% of total revenue.
In recent times, the company has also invested heavily in digital/blended learning solutions, positioning itself ahead of traditional classroom-based providers.
The company is poised for significant growth in the coming years. Already a preferred training provider with the CITB, the company anticipates becoming the exclusive provider of Craft and Technician Modern Apprenticeships in Scotland within the next two years. And with a well-consolidated presence in Scotland, they are well-poised to expand rapidly south of the border. The wider socioeconomic environment is also conducive to their growth given the ambitious housebuilding targets of the new UK government and the construction skills shortage.
In 2023, turnover stood at £2,289,499 with an adjusted EBITDA margin of 23% (£534,186), indicating robust sales and strong profitability.
Highlights -
- Commands a sizeable market share of Scotland's construction training industry, working with the country’s major housebuilders, contractors and subcontractors;
- Delivers the majority of all craft and technician level construction apprenticeships in Scotland, following the winning of several key contracts;
- Prestigious status as CITB's preferred training provider for craft and technical apprenticeships in Scotland;
- Offering blended learning solutions for a new digital-first generation;
- Robust financials with a £2,289,499 turnover in 2023 and a 23% adjusted EBITDA margin;
- Extensive accreditations, including ISO 9001 and approvals from key industry bodies.
There are several promising avenues for growth: expanding south of the Scottish border, building on its new partnership with a leading timber frame house structure provider, and further expanding its wide portfolio of training courses.
The business has a large team of twenty two staff.
The business operates all year round.
Based in Scotland.
The company operates from three units in Scotland across two operational locations.
Tenure
The premises are Leasehold.