Provider of HVAC, EV charging, and solar solutions – based in the Midlands

Overview

Offered for sale is a specialist provider of air conditioning, EV charging, and heating solutions operating across the UK.

The company also offers a repairs, servicing, and maintenance service, which is available 24 hours a day, 365 days per year.

The business has recently added the provision of solar panels to its comprehensive services, offering an end-to-end solution which includes a free consultation, a customised quote, an installation, and monitoring and support.

Having built up a highly reputable business, our client is now offering the company for sale to facilitate a better work/life balance.

Offers invited.

Key Highlights

– Has gained a large suite of accreditations, including ISO 14001, SafeContractor, and NAPIT approval.

– Primarily serves customers in the retail, domestic, and commercial sectors.

– Currently works with circa 250 customers, including blue-chip and prestigious organisations.

– Operates from freehold premises, which are utilised as offices and includes a customer show room, featuring the business’s top range of AC systems and EV chargers.

– Scope to open additional showrooms across the UK to enable the company to serve a broader range of customers.

Financial Highlights

– YE23 revenue in excess of £1.4m with an adjusted EBITDA of £193k.
– Consistent gross profit margins of circa 65% between YE20 and YE23.
– Draft figures indicate a turnover of circa £1.6m for YE24 with a projected turnover of £2.6m for YE25.