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Large Commercial Heating And Ventilation Contractor In Glasgow
Glasgow, Glasgow City, ScotlandIdentity protected
Available
About this business
A commercial heating, ventilation and air conditioning contractor in Glasgow, trading since 2014 from leased offices in the city centre. It designs, installs and maintains systems in offices, schools, hospitals and retail units, with planned maintenance giving a steady base of work. Turnover has grown every year, from £7.18m in 2021 to £10m, and EBITDA from £2.21m to £2.93m, a strong margin of about 29%. The team of 86 includes engineers, project managers and estimators. Relocation is possible, and the asking price is £20.75m.
Key investment highlights
- Turnover up every year to £10m
- EBITDA of £2.93m
- Planned maintenance alongside installs
- Team of 86
Reason for sale
The founders are selling as part of a long-planned exit.
Nothing flagged on the two questions buyers ask first
No flagRevenue 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 +6.8% in 2026.
- 2021: baseline
- 2022 (+7.7%)
- 2023 (+4.7%)
- 2024 (+6.3%)
- 2025 (+8.7%)
- 2026 (+6.8%)
6 years of turnover, 2021 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 narrowed from 30.8% in 2021 to 29.3% 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.