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Domestic Plumbing And Heating Firm In Suburban Glasgow

Glasgow, Glasgow City, ScotlandIdentity protected

Available

Domestic plumbing and heating firm in suburban Glasgow

About this business

A plumbing and heating firm in suburban Glasgow, set up in 2023 and run from a leased unit. It fits and services boilers, installs bathrooms and handles repairs for homeowners and letting agents across the city. Turnover has grown from £1.29m to £1.4m, and EBITDA has risen each year from £157k to £219k. A team of 12 engineers and office staff takes bookings and runs jobs. A buyer gets a growing local firm with a steady flow of servicing work from homeowners and landlords.

Key investment highlights

  • EBITDA up each year to £219k
  • Boiler servicing and repairs
  • Work for letting agents
  • Team of 12

Reason for sale

The owner is moving to Canada with his family.

Nothing flagged on the two questions buyers ask first

No flag

Revenue going backwards and one client being too much of it are the two things that end most deals in due diligence. Both are shown here up front, from the figures the seller supplied.

  • Revenue directionNo flag

    Turnover rose +3.3% in 2026.

    • 2023: baseline
    • 2024 (+1.4%)
    • 2025 (+3.8%)
    • 2026 (+3.3%)

    4 years of turnover, 2023 to 2026, as supplied by the seller.

  • Client concentrationNot stated

    The seller has not declared what share of revenue the largest clients represent.

    No declaration supplied. Client concentration cannot be derived from accounts.

EBITDA margin widened from 12.2% in 2023 to 15.6% in 2026.

These are observations from the supplied figures, not a view on whether this business is worth buying. Nothing here predicts an outcome.

Computing valuation...

What happens next

Submit an enquiry to the seller. Once they approve it, you sign a non-disclosure agreement and gain access to the information memorandum, the financials and a secure deal room with the seller.