A provider of solar PV, solar battery and EV charger installation services

The owners are offering the company for sale as they wish to realise the assured wealth derived from the value of the existing business, its goodwill and potential, whilst facilitating further growth.

Key Highlights

– At present, the company predominantly works with a number of renewable energy companies on exclusive contracts, providing a dependable stream of work throughout the year.

– Since its inception, the company has completed thousands of installations, with efforts to work on a wide range of commercial and residential properties effectively de-risking the business and reducing its reliance on any key revenue streams.

– Holds a number of industry-recognised accreditations and maintains an excellent reputation as a trusted service provider.

– Highly experienced workforce in place, with the Directors advising that they would be happy to remain with the business in suitable ongoing positions, post-sales.

– Managed from leasehold premises in the East Midlands, with most staff working remotely.

Financial Highlights

– Achieved turnover in excess of £2 million in YE24, with an EBITDA of circa £550k.

– The company has experienced consistent, year-on-year growth since its inception, with turnover rising by 16% between YE22 and YE24.

– Maintains strong gross profit and EBITDA margins, averaging 34% and 27%, respectively, across the last three years.

– The vast majority of revenue is supplied through ongoing contracts with key clients, all of which have six-month minimum exit terms, providing long-term financial security for the business.

– The UK government has committed to billions of pounds of investment in implementing energy-efficient measures in properties, through schemes such as ECO4, LARS and BUS, ensuring the enduring strength of the sector.