Avonside Group Services Limited
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Avonside Group Services Limited - overview
Established
1987
Location
Heywood, Lancashire, UK
Primary Industry
Construction
About
Avonside Group Services Limited provides construction and building services, specializing in roofing, building maintenance, and energy-efficient solutions for both residential and commercial clients across the UK. Avonside Group Services Limited, founded in 1987 and headquartered in Heywood, UK, focuses on offering a range of construction services. The company has made strategic shifts in business operations but does not operate under a parent company nor has subsidiaries. There are no reports of mergers or carve-outs in its history.
The firm has engaged in 2 significant deals, with the most recent transaction occurring on September 13, 2022. Avonside Group Services specializes in providing a comprehensive range of construction and building services tailored to meet the needs of residential and commercial clients. Their core offerings include roofing, building maintenance, and energy-efficient solutions, focusing on sustainability and quality craftsmanship. The company aims to address various challenges in the construction industry, such as energy efficiency, building longevity, and regulatory compliance, primarily through innovative materials and techniques.
Avonside Group Services serves a diverse customer base, including property developers, local authorities, and housing associations, ensuring that their solutions are adaptable for both large-scale projects and individual residential needs. Geographically, their products and services are distributed across several regions in the United Kingdom, with a notable presence in urban areas where construction demand is high. Avonside Group Services reported a revenue of GBP 144,428,616. 60 in 2015, reflecting the company's engagements primarily through contracts in the construction sector.
These contracts often involve B2B partnerships with clients such as local councils and construction firms, structured around long-term service agreements or project-based work. The pricing plans correspond to the complexity and scale of the projects, focused on flagship offerings like advanced roofing systems and energy solutions. Clear billing agreements govern transactions, ensuring both the company and its clients understand payment terms and service deliverables, which fosters ongoing relationships crucial for repeat business and revenue stability. Following the acquisition of Avonside Energy by RCapital in September 2022, the company aims to further meet customer demands by enhancing its service offerings.
Future growth strategies include the introduction of new products designed to complement existing services, with timelines for release not disclosed. Additionally, Avonside Group Services is exploring expansion into specific markets that align with its strategic goals. The funding from the recent acquisition will be utilized to support these growth initiatives, ensuring the company continues to respond effectively to evolving market needs.
Current Investors
Rcapital, Core Capital
Primary Industry
Construction
Sub Industries
Engineering, Solar Power, Construction
Website
www.avonsidegroupservices.co.uk
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Avonside Group Services Limited - financials
| Fiscal Year Ended | Dec 31, 2009 | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 25,109,832 | 42,851,846 | 46,377,453 | 51,240,038 | 65,433,822 | 86,165,337 | 94,492,402 | - | - | - | - | - |
| % Revenue Growth (YoY) | - | 70.7% | 8.2% | 10.5% | 27.7% | 31.7% | 9.7% | - | - | - | - | - |
| EBITDA (USD) | 522,961 | 1,406,707 | 1,794,063 | 1,970,023 | 2,858,218 | 4,758,957 | 4,911,266 | (225,000) | (225,000) | - | - | - |
| Operating Income (USD) | 186,288 | 1,256,216 | 1,669,228 | 1,854,745 | 2,747,106 | 4,583,437 | 4,506,897 | (225,000) | (225,000) | - | - | - |
| Operating Margin | 0.7% | 2.9% | 3.6% | 3.6% | 4.2% | 5.3% | 4.8% | - | - | - | - | - |
| % EBITDA Margin | 2.1% | 3.3% | 3.9% | 3.8% | 4.4% | 5.5% | 5.2% | - | - | - | - | - |
| NET Income (USD) | 91,547 | 568,131 | 857,274 | 989,349 | 1,586,484 | 2,690,372 | 3,337,556 | (225,000) | (136,687) | - | - | - |
| % Net Margin | 0.4% | 1.3% | 1.8% | 1.9% | 2.4% | 3.1% | 3.5% | - | - | - | - | - |
Avonside Group Services Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Corporate Carve Out | Completed | Avonside Group Services Limited | - | ||||||||
| Secondary Buyout | Completed | Avonside Group Services Limited | - | ||||||||
| Add-on | Completed | Bracknell Roofing Limited | - |
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Avonside Group Services Limited - employee data
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