Distributor and installer of solar photovoltaic technology and associated products - Hilton Smythe
£0 £1000000
£0 £1000000

Archived

Distributor and installer of solar photovoltaic technology and associated products

County Durham

  • Asking Price: POA
  • Turnover: Turnover IRO - £4.7m in 2024.

    • 100% share capital
    • Interested parties will be required to sign an NDA
  • Tenure: Leasehold

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Please quote reference B07152 

Established in the late 2010s, the company is a specialist distributor and installer of high-quality solar photovoltaic technology and associated products, including battery storage systems for solar PV and electric charging points. Based in the North East, the company caters to a diverse client base, constituted both by domestic and commercial customers, and was awarded lucrative contracts with a leading energy solutions company in 2020, following a successful tendering process. A highly promising distribution contract with a major manufacturer is currently in the process of being signed. 

The company has achieved phenomenal success and growth over the course of its brief history. Using the director’s extensive network of contacts in the sector, the company achieved sales in excess of £1 million in the first year or trading. Founded on values of trust, reliability and value, the company is now one of the North East’s largest solar photovoltaic installation companies.

Building on its current success, the company looks set to have a very bright future. The business operates in a sector with phenomenal growth rates forecasted for the next 10 years, as the cost of non-renewable energy resources and growing environmental concerns in the political sphere drive interest and investment in green energy solutions. Moreover, with a major distribution contract set to be secured, the company is expected to grow its distributions arm by a significant margin. The company also plans to expand its portfolio of products by introducing installations of electrical vehicle chargers, air source heat pumps, and small-scale wind turbine generators.

The company has a number of gains to offer the prospective purchaser, including:

  • Strong financial profile, turnover of £4.7m in 2024.
  • Lucrative and ongoing contracts with a leading energy solutions company, amongst others;
  • An approximate UK market share of 1.17%;
  • Highly reputable, with a Trustpilot rating of 4.2/5;
  • Bankable USPs, namely, the company’s sector and installation knowledge, and its competitive prices and high-quality products;
  • A multi-skilled team across sales and installations;
  • A well-developed marketing strategy, with the company’s own telesales operation;
  • Huge growth prospects, with a growing global renewable energy market, a soon-to-be-signed distribution contract with a major manufacturer, and plans to expand the company’s portfolio of products and services.
Highlight - 

  • Distributor and installer of high-quality solar photovoltaic technology and associated products;
  • Outstanding financial profile;
  • Lucrative and ongoing contracts;
  • A multi-skilled team across sales and installations;
  • Huge growth prospects.
Opportunities - 

  • A market with huge growth prospects: the global renewable energy market was valued at $881 billion in 2020 and is projected to reach $1,978 billion by 2030;
  • Opportunity to expand the company’s portfolio of products and services, e.g. by introducing installations of electrical vehicle chargers, air source heat pumps, loft insulation to facilitate ECO4 installations, and small-scale wind turbine generators;
  • Scope to improve the company’s sales and marketing performance, e.g. by expanding YouTube and Facebook advertising, introducing PPC advertising, and deceasing reliance on direct marketing.
The current owner and company director believes that the business will need the input of someone with additional management skills during its next stage of growth, and therefore considers this to be the ideal time to exit the business. They are happy to remain within the business post-sale.

Further information can be made available. 

Due to the nature of the business, it operates all year round. 

Located in the North East of England.

Occupies a rented premises. Opportunity to relocate. 

Tenure
Leasehold basis. 

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