Provider of debt and utility solutions

The company supports energy organisations in meeting supplier licence conditions with services such as meter reading, debt collection, and tampering detection under its revenue protection services.

The business also provides resolution and utility services, including telephony support, home visits, safety inspections, and specialised metering work.

Benefits from five large active clients, all of which provide reliable repeat business.

The managing director has worked in this sector for many years and developed relationships with blue-chip energy providers.

The business has developed a strong reputation in the industry and is poised to utilise this reputation to achieve further growth.

An ideal bolt-on opportunity for an organisation within the energy sector to introduce the company’s wide range of services into its portfolio.

Strong second-tier management team in place.

Developed a bespoke CRM system to facilitate a smooth operation.

YE23 turnover in excess of £1.4m with an EBITDA of £321k.

Average gross profit margin of 46% over the last three years.

Turnover has increased by 47% between YE21 and YE23. This growth is forecast to be maintained in YE24.

Our client is now offering the company for sale to facilitate further growth under the impetus of new ownership.

Offers invited.