Headquartered in the North West, the company operates nationwide, with a strong presence across the commercial, education, public sector, healthcare, and leisure industries. Key services include Building Management System installations, plant room installations, LED lighting upgrades, air source/ground source heat pump electrical installation, Switchboard upgrades and modifications, electrical installations, Distribution Network Operator (DNO) enabling works, and fibre optic network installations.
Trading on its reputation for expertise, integrity and a commitment to high-quality workmanship, the company has secured a number of lucrative contracts over the years, ranging in value from £5,000 to £349,000, with notable ongoing projects within the prison sector and a major upcoming venture within the nuclear industry.
The building management system (BMS) market is projected for a Compound Annual Growth Rate (CAGR) of 12.98% from 2023 to 2030, driven by factors such as Environmental, Social, and Governance (ESG) targets, energy security concerns, growing electrification, and government regulations like the Energy Act 2023.
The company is well-positioned to capitalise on this expanding market due to its:
- 18 skilled team members, with nuclear clearance and management expertise;
- Extensive credentials, with certifications such as CHAS-accredited contractor and NICEIC-approved contractor, as well as ECA industry association membership;
- High-calibre, blue-chip clients with repeat business;
- Cross-industry presence, with access to the nuclear sector, defence sector, prison service, and major FM companies;
- Comprehensive service offering, addressing a wide range of client needs within the electrification and BMS control industry.
The business presents a compelling opportunity for investors seeking a high-growth company in an expanding market and would be an ideal fit for companies already operating in the decarbonisation and sustainability sector.
Financial profile and outlook
Since its inception, the company has experienced remarkable growth, increasing its turnover by 400% from £407,156 in 2021 to over £1.6 million in 2023, and growing its adjusted EBITDA by
230%. This growth reflects the increasing demand for electrical infrastructure solutions, as well as the company’s credentials within the market.
The company boasts a robust order book for the upcoming year, with confirmed orders worth £800k for the first quarter alone, providing strong revenue visibility.
Highlights –
- Rapidly growing with 400% revenue growth between 2021 and 2023;
- Team of 18 skilled professionals backed by strong industry credentials (CHAS, NICEIC, ECA, and pending ISO 9001);
- Secured lucrative contracts ranging from £5,000 to £349,000, with ongoing projects in the prison sector and a major upcoming venture in the nuclear industry;
- Maintains high H&S and quality assurance protocols, including DBS checks, nuclear clearance, prison service clearance, MOD clearance, and accreditation with industry associations;
- Well-positioned to capitalise on the 12.98% CAGR projected for the BMS market (2023-2030).
Opportunities –
- Upcoming decarbonisation projects in Scotland and the South West present significant opportunities for the company;
- Growth within the nuclear sector, with projects commanding a 30% gross margin;
- The Net Zero agenda is driving massive growth in the BMS controls/renewable energy integration market.
Location
Based in the North West with offices in the South West.
Premises
The premises are office space in a unit.
Tenure
Leasehold premises.
Hours
The business operates all year round.
Staff
The business has a team of 18 employees.
Financial Profile
Turnover IRO – £1.6m in 2023.
• 100% share capital.
• Interested parties will be required to sign an NDA.
