Spark Electric Ltd

Electrical Contracting

Manchester, Greater Manchester, UKFounded 200135 employees

76% match score

Commercial and industrial electrical contractor serving the North West of England. Specializes in new build, fit-out, and maintenance contracts for retail, hospitality, and office sectors.

Revenue

£3.9M

12% YoY growth

EBITDA

£585K

15% margin

Asking Price

£2.3M

EBITDA Multiple

4.0x

3.3x SDE

Financial Details

Gross Margin

28%

EBITDA Margin

15%

SDE

£720K

Revenue Multiple

0.60x

Revenue Growth (3yr)

8%→10%→12%

Add-backs

Director remuneration£85K

Company cars£36K

Pension contributions£14K

Ownership & Transition

Owner

Paul Harrison

Owner Age

61 years old

Tenure

23 years

Involvement

full time

Transition Reason

retirement

Readiness

1-2 years

Management Team

Mark Davies· Contracts Director

15yr tenure

Jane Wilson· Finance Manager

9yr tenure

Chris Evans· Estimator

7yr tenure

Strategic Overview

Market Position

Established contractor with strong retail sector relationships

Competitive Advantage

NICEIC approved, JIB registered, framework agreements with major retailers, experienced estimating team

Customer Concentration

14%

Top customer as % of revenue

Revenue Type

project

Contract backlog: £2.6M

Growth Opportunities

EV charging installation
Solar PV installation
Building automation systems

Key Risks

Project-based revenue
Material cost inflation
Electrician shortage

Industry Trends

EV charging infrastructure boom, smart building systems, renewable energy integration.

ElectricalB2BConstructionUKSource: Companies House

Spark Electric Ltd

Financial Details

Ownership & Transition

Strategic Overview

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