the UK marketplace for company sales

Solar panel installation maintenance

£2m to £5m
Electricity, gas & water supply, Engineering, Miscellaneous, Service industries
UK Wide
18 March 2024

Business description

The company installs and maintains solar PV systems for commercial and residential properties, boasting an excellent reputation across the public sector.

The company benefits from an extensive background in electrical installation work, which provides an advantage over competitors entering the sector from
a roofing background, enabling it to specialise in largescale rooftop systems that involve complex electrical infrastructure work.
The company also provides installation and maintenance services for other electrical systems, including battery storage, low-energy lighting and EV charging points.
Offered for sale due to a change in the shareholders’ personal circumstances.


  • Caters to clients, including housing associations, local councils, property
    developers and private home / business owners. 
  • Benefits from high volumes of repeat business from blue-chip clients, with relationships spanning up to eight years. 
  • Experienced second-tier management team in place. 
  • Operates from freehold premises. 
  • Strong market conditions with demand for services typically increasing in line with Government investment and developments in home battery storage expected to accelerate further growth within this sector. 
  • Growing market with significant scope for development in their existing field as well as other specialist service lines.


Turnover (£'000) Adjusted EBITDA (£'000)
2021 (Actual) 2,126 198
2022 (Actual) 2,755 294
2023 (Actual) 4,413 666
2024 (Forecast) 4,000 627
  • FY23 Turnover of £4.4m and adjusted EBITDA of £667k.
  • Projected turnover of £4m for YE24, with an adjusted EBITDA of £627k. 
  • 40% of annual turnover with the public sector, with the balance split broadly between the commercial/industrial and new build housing. 
  • Extensive pipeline of future work, with a number of contracts in place until 2026, some of which could generate over £1m in revenue.

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