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the UK marketplace for company sales

Energy efficient electrical solutions

Reference
S12106
Turnover
£2m to £5m
Sector(s)
Electricity, gas & water supply, Engineering, Service industries
Region(s)
UK Wide
Added
18 November 2024

Business description

The business offers a wide range of energy-efficient services, from boiler

installations to full-house rewires.
Specialising in ECO4 decarbonisation initiatives, the company delivers energy-efficient upgrades such as air source heat pumps, solar panels, boilers, and insulation.
In addition, the business carries out inspections, portable appliance testing (PAT) services, boiler servicing, and electrical conditioning reports for its clients.
Our clients are now offering the company for sale to facilitate further growth
under the impetus of new ownership.
Offers invited.

Highlights

  • Operates across various market sectors, working with 70 active clients.
  • Derives 50% of its revenue from ECO4 projects, 30% from labour-only contracts, and 20% from private sector clients. 
  • Achieved many accreditations, two of which are Government-recognised approvals, allowing the business to work on highly lucrative ECO4 and Great British Insulation Scheme (GBIS) projects. 
  • Substantial marketing plan in place. 
  • Cornered circa 2.5% of the air source heat pumps market, with plans to grow this market share further with the correct investment. 
  • An ideal bolt-on opportunity for manufacturers looking to add sustainable energy installation solutions to their portfolio. 
  • Operates from leasehold premises.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2021 (Actual) 1,599 239
2022 (Actual) 3,191 469
2023 (Actual) 3,198 101
2024 (Actual) 4,664 469
  • YE24 turnover of £4.6m.
  • Turnover increased by 99% between YE21 and YE22. This growth has been maintained in YE23 and YE24. 
  • The company has achieved an average gross profit margin of 46% over the last three years.
  • Strong work pipeline in place valued at £1.3m.

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