The company is a well-established cleaning services provider, specialising in delivering high-quality cleaning solutions to schools, museums, and commercial premises. Operating on a largely contracted basis, the company services 30+ sites within a 15-mile radius of its headquarters in the South East of England, supported by a team of 100 uniformed cleaners.
Revenue is primarily driven by cleaning services for schools (56%), museums (26%), and commercial premises (14%), with a smaller share (4%) from supplying consumables. The company differentiates itself through a client-focused approach, emphasising quality control, proximity, mobile supervision, and proactive management, embodying the motto "small enough to care, big enough to cope."
Serving many notable clients, the business has solidified its reputation over the past 28 years, retaining long-term contracts – some over 25 years in duration. The company's strong client relationships and excellent service delivery have earned it preferred supplier status for local government contracts.
Following a successful recovery from the pandemic, the business generated £1.12 million in revenue for 2023, with a Compound Annual Growth Rate (CAGR) of nearly 11% from 2020 to 2023. Its 2023 adjusted EBITDA margin of 10.4% significantly surpasses the industry average.
Highlights -
100 uniformed staff with mobile supervisors ensure high-quality service delivery and operational efficiency.
Long-term contracts, with circa 30 active clients and 30-40 managed sites, most on 5-year terms, ensuring reliable revenue.
Preferred supplier status (just renewed for the next 7 years) for local government contracts, with over 20 years of maintained contracts in the education and museum sectors.
Boasts an excellent track record of securing new contracts through invitations to tender and referrals.
Largely self-sufficient business, supported by experienced management/supervisory staff and administrators.
Liveried fleet of vehicles, along with general and specialised cleaning tools.
Opportunities -
With opportunities to expand locally and regionally and enhance its service offerings to non-core clients, the company is primed to scale further in the commercial cleaning market.
Financial Profile
Turnover IRO - £1.12m in 2023.
• 100% share capital.
• Leasehold premises available, pending agreement.
• Interested parties will be required to sign an NDA.
