Business
Please quote reference Number B08088.
Based in the South West, the company is a rapidly growing renewable energy company established in the late 2010s. The company specialises in the installation, upgrade, and expansion of various sustainable home energy solutions, catering to the accelerating demand for eco-friendly living.
Their core service, accounting for 80% of their revenue, encompasses solar panel installations, hybrid inverter installations, battery storage, iBoost add-ons, and electric vehicle charging points. The company also offers installation of domestic wind turbines, infrared heaters, loft insulation, and commercial spray foam insulation.
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They prioritise exceptional customer service, employing in-house fitting teams directly and using only the top 3 global manufacturers for parts. This commitment is further reflected in their industry accreditations and certifications, including RECC Code of Conduct, MCS (Microgeneration Certification Scheme), NAPIT, and TRUSTMARK Government Endorsed Quality. Additionally, they offer low deposits with insurance-backed guarantees and manufacturer warranties on all their products and installations.
The company leverages a highly effective multi-channel marketing strategy to generate leads and maintain brand awareness. This includes social media, a presence on third-party platforms like Bark, participation in regional exhibitions, and online advertising. Their dedication to marketing efforts translates to successful sales figures, as evidenced by achieving £250,000 in sales during the first week of June 2024, even within a slightly softer market.
Key investment highlights include:
- Significant revenue growth over the past couple of years, from £518,065 in 2023 to £1,859,193 in 2024, as per the management accounts;
- Emphasises local, friendly service with in-house fitting teams and high-quality products from top global manufacturers;
- Holds accreditations from RECC, MCS, NAPIT, TRUSTMARK, and others;
- An experienced team of directly employed and self-employed staff with expertise across installations, customer service, and operations;
- Effective multi-pronged marketing strategy;
- Major growth potential, with opportunities to expand service offerings in loft insulation, wind turbines, spray foam insulation, infrared heaters, and maintenance contracts, as well as scope for nationwide expansion.
Highlights –
- Impressive financial performance, with revenue surging from £518,065 in 2023 to £1,859,193 in 2024, according to management accounts;
- A range of industry accreditations, including RECC, MCS, NAPIT, TRUSTMARK, and others;
- Committed to high-quality service, with in-house installations teams and premium products from leading global suppliers;
- Effective multi-channel marketing strategy with good ROI;
- Substantial potential for expansion, with opportunities to expand existing service offerings in areas such as loft insulation, wind turbines, spray foam insulation, and infrared heaters, as well as the ability to scale operations nationally.
Opportunities –
he company has major growth potential, with opportunities to focus on its service offerings outside solar PV panels, including loft insulation, wind turbines, spray foam insulation, and infrared heaters. The business’ established presence in the market could also allow it to capture a larger share of the growing renewable energy market outside the South West region.
Location
Based in the South West.
Premises
The business operattes from a well-presented Unit.
Tenure
The premises are Leasehold.
Hours
Due to the nature of the business it operates all year round.
Staff
The business has six experienced employed staff and self employed staff withe expertise across installations, customer service and operations.
Financial Profile
Turnover IRO – £1.8m in 2024.
• 100% share capital.
• Interested parties will be required to sign an NDA.
Sale due to ill-health of major shareholder.
