Revenues are supported by a balanced mix of project-based work and recurring compliance-driven maintenance and servicing contracts, providing strong revenue visibility, resilient demand, and stable cash flow generation. The Company has developed long-standing customer relationships, resulting in repeat business and a high level of revenue visibility.
Business strengths
- Diversified Service Offering
Diversified electrical, plumbing, and heating services across multiple end markets, reducing reliance on any single service line or sector.
- Recurring and Visible Revenue
Strong base of repeat and contracted clients, with recurring revenue from compliance-driven testing, inspection, and maintenance services.
- Established Reputation
Long-standing customer relationships and a reputation for reliability and responsiveness support repeat business and ongoing contracts.
- Scalable Platform with Growth Potential
Established operating platform provides opportunities for geographic expansion, service diversification, and cross-selling.
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2024 (Actual) | 1,517,700 | 307,900 |
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A c.£4m revenue company that is highly profitable with two key divisions. The first is its fire door division, where it manufactures and supplies fire doorsets from its facility in the Midlands (c.50% of total revenue). The second division is its interior fit-out contracting division that has a full in-house team (remaining c.50% of total revenue)
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