Turnover for year-end 2024 was £1.3m
Adjusted EBITDA for year-end 2024 was in excess of £163k.
The business operates as heating contractors, providing boiler installations and maintenance to primarily domestic clients.
Through its database, the company has c.14,000 domestic clients who use its services regularly. The business receives regular income from annual boiler servicing.
Operating in the sector for over 70 years and under current ownership for over 30 years, the business has built a strong reputation, particularly within London’s affluent boroughs.
Strong second tier management team in place comprised of the two technicians and the office manager who can operate the business independently.
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2024 (Actual) | 1,300,000 | 163,000 |
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