SECTOR · SELLING
Electrical Testing Business
Electrical testing is becoming a compliance market rather than a contracting one, with social-housing regulation and periodic inspection driving repeat work that platform buyers want.
Electrical testing is becoming a compliance market rather than a contracting one, with social-housing regulation and periodic inspection driving repeat work that platform buyers want.
Periodic inspection, emergency lighting and associated remedial work recur under regulation.
Compliance groups building fire, water, air and electrical offerings need reliable electrical capability.
Preparation checklist
TWELVE MONTHS OUT
- Separate repeat revenue from project revenue in the accounts, monthly.
- Put ongoing customers on written terms.
- Move accreditations and licences into the company's name.
- Reduce any customer above 20% of revenue.
- Appoint or develop a second-in-command.
- Reconcile three years of accounts to bank.
- Document contracts, employment terms, insurances and supplier agreements in one place.
RECENT ACTIVITY
Who is buying.
Acquisitions announced by the buyers themselves, logged here so owners can see who is active in their sector and at what scale.
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