Overview
Description
Operating internationally
The company provides and maintains high-quality charging infrastructure for electric vehicles.
Operating across the UK and in its overseas territories, the company is well placed to generate additional revenue from the growing electric vehicle market, which is set to experience rapid growth in coming years, aided on the UK’s ban on the sale of new petrol and diesel cars from 2030.
The Shareholders are offering the company for sale to facilitate the retirement of the Executive Chairman / majority Shareholder and provide growth capital under new ownership.
Offers invited.
Key Highlights
– Caters to Government, commercial and public sector clients, with charging points installed at a range of sites, including supermarkets, offices and hotels.
– Benefits from monthly, quarterly or annual revenue from 248 of its operated charging points, with expectations that this will remain secure or continue to increase for the foreseeable future.
– Management team willing to remain with the company, post-sale.
– Operates from leasehold premises.
– Installation activity is projected to rise steadily over the next few years, whilst the company will also generate revenue from ongoing operation and maintenance activity.
– One of the few available independent charge point operators in UK.
Financial Highlights
Turnover projected to rise steeply over the next few years, reaching £526k in YE23 and rising to £8.5m by YE27.
– Strong pipeline of future work, which includes opportunities with new and existing clients.
Is this business relocatable:
Is this business home based:
Is accommodation included:
Is this In administrative/receivership:
Is stock included:
Listed By:
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