Business
Please quote reference number B08274.
The company is a well-established cleaning services provider, specialising in delivering high-quality cleaning solutions to schools, museums, and commercial premises. Operating on a largely contracted basis, the company services 30+ sites within a 15-mile radius of its headquarters in the South East of England, supported by a team of 100 uniformed cleaners.
Revenue is primarily driven by cleaning services for schools (56%), museums (26%), and commercial premises (14%), with a smaller share (4%) from supplying consumables. The company differentiates itself through a client-focused approach, emphasising quality control, proximity, mobile supervision, and proactive management, embodying the motto “small enough to care, big enough to cope.”
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Serving many notable clients, the business has solidified its reputation over the past 28 years, retaining long-term contracts – some over 25 years in duration. The company’s strong client relationships and excellent service delivery have earned it preferred supplier status for local government contracts.
Following a successful recovery from the pandemic, the business generated £1.12 million in revenue for 2023, with a Compound Annual Growth Rate (CAGR) of nearly 11% from 2020 to 2023. Its 2023 adjusted EBITDA margin of 10.4% significantly surpasses the industry average.
Highlights –
- 100 uniformed staff with mobile supervisors ensure high-quality service delivery and operational efficiency.
- Long-term contracts, with circa 30 active clients and 30-40 managed sites, most on 5-year terms, ensuring reliable revenue.
- Preferred supplier status (just renewed for the next 7 years) for local government contracts, with over 20 years of maintained contracts in the education and museum sectors.
- Boasts an excellent track record of securing new contracts through invitations to tender and referrals.
- Largely self-sufficient business, supported by experienced management/supervisory staff and administrators.
- Liveried fleet of vehicles, along with general and specialised cleaning tools.
Opportunities –
With opportunities to expand locally and regionally and enhance its service offerings to non-core clients, the company is primed to scale further in the commercial cleaning market.
Location
Based in the South East.
Premises
The business operates from a leased office and storage space.
Tenure
Leasehold premises.
Hours
Due to nature of the business it operates all year round.
Staff
The business employs a substantial team of 100 uniformed cleaners.
Financial Profile
Turnover IRO – £1.12m in 2023.
• 100% share capital.
• Leasehold premises available, pending agreement.
• Interested parties will be required to sign an NDA.
