A solar panel installation and maintenance company – UK based

Offered for sale due to a change in the shareholders’ personal circumstances.

Key Highlights

– 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.

Financial Highlights

– Projected turnover of £3.5m for YE25, with an adjusted EBITDA of £538k.

– YE24 management turnover of £3m, with an adjusted EBITDA of £445k

– YE23 turnover of £4.2m and adjusted EBITDA of £477k.

– 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.