Acquisition Opportunity – Project Brick

Sale Type: Business Sale
End date: 19/08/2022

Contact: David Fletcher
T. 07967 508 542 



On Instructions From A Retained Client

Project Brick 


An opportunity has arisen to acquire the business and assets of a third generation family run construction business established in 1928.

Executive Summary:

  • Established 1928 – 94 year continuous trading.
  • 37 Experienced employees.
  • Member of the Hyde & Southern Construction Framework.
  • Located in the South of England.
  • ISO Certifications for Quality Management, Environmental Management & Occupational Health & Safety Management.
  • Currently finalising a Net Zero Emissions policy with Southampton University.
  • Offers to be received by 19th August 2022.
Key Assets:
  • Leasehold office and yard premises with the ability to agree a new lease.
  • Motor vehicle fleet
  • Construction plant & equipment
  • Zero third party finance penetration
  • 12 projects either current on-site or due to commence totalling £54.67m
  • Associated opportunities to tender totalling £95.5m
Financial Summary
FY2020 FY2021 FY2022
£’000 £’000 £’000
Turnover 23884.0 27211.9 17227.6
Gross Profit 2671.6 2195.9 1306.9
Net Profit/(Loss) After Tax 16.3 (566.2) (1295.9)
Total Assets 239.8 190.9 155.3
Total Liabilities (178.3) (389.9) (146.0)
Net Assets 1288.2 939.8 (369.5)



• All interested parties will be required to sign a non-disclosure agreement and have the ability to work to an accelerated timeline.
• Offers are to be received by 16:00 Friday 19th August 2022.

If you would like further information on this opportunity please contact Wyles Hardy & Co. using the details provided below, following which additional information will be provided, subject to the signing of a non-disclosure agreement.


David Fletcher
Wyles Hardy & Co
Ley Hill Road
Hemel Hempstead

T: 07967 508 542