Independent Utilities Connections Provider

Independent connection provider (ICP) of utilities including gas, water & electricity from the UK network to newbuild residential homes & commercial properties.

Key Aspects

• Highly accredited IPC holding all relevant GIRS, NERS, WIRS accreditations through the Lloyds Register Scheme.
• Turnkey service including applications with utility suppliers, site designs, live connections & reinstatement.
• Key relationships with a several local Independent Distribution Network Operators (IDNOs).
• Clients include several blue-chip house builders.
• Long-lasting relationships with multiple clients some lasting in excess of 10years.
•   Has quoted £4.5m worth of projects for 2021 so far.
• Partakes in no proactive marketing campaigns as business continues to grow organically though high levels of repeat custom & word of mouth referrals. 

Opportunities

• Potential for an acquirer to accelerate the company's current rate of growth through the implementation of strategic marketing campaigns.
• The company has increased its capacity & flexibility over the past six months through the training & up-skilling of its work force, scope to maximise this with further investment.
• Ability to expand premises, existing site has planning permission for the addition of a 10,000ft² office block to accommodate additional staff.
• Opportunity for an acquirer operating in the same sector, based in another region of the UK, to expand geographically gaining a foothold in the North of England.
• Opportunity for an acquirer operating in an associated sector such as construction or civil engineering to expand add utility connection services to its provision portfolio.