Boiler Plan UK Ltd

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Boiler Plan UK Ltd - overview

Established

2014

Location

Cramlington, -, UK

Primary Industry

Construction

About

Based in the UK, Boiler Plan UK Ltd operates as a provider of heating solutions, specializing in efficient boiler installations and maintenance for residential customers, ensuring optimized energy usage and comfort in homes. Boiler Plan UK Ltd was founded in 2014 and is headquartered in Cramlington, UK. The company specializes in delivering heating solutions for residential clients. It has participated in four funding rounds, with the most recent deal occurring on April 2, 2021, where it raised GBP 1.


5 million in a funding round led by Maven VCT, with participation from Future Fund and North East Fund. The total amount raised by the company stands at GBP 1. 5 million. Boiler Plan UK specializes in providing a comprehensive range of heating and boiler solutions tailored for residential customers.


Their core offerings include high-efficiency boiler installations, servicing, and maintenance, designed to enhance energy efficiency and reduce heating costs for homeowners. By addressing common heating issues such as energy waste and system inefficiencies, the company ensures a comfortable living environment. Their products cater to various end-use cases, including residential heating upgrades and new home installations, supported by a commitment to customer-centric service across the UK. Boiler Plan UK generates revenue primarily through direct sales of its heating solutions and maintenance services to residential customers.


The company engages in B2C transactions, where homeowners purchase boiler installations and subscribe to ongoing maintenance packages. Clients may choose to buy high-efficiency boiler models, such as their flagship product, and enter into service agreements that include regular check-ups and repairs. This transaction structure emphasizes the long-term relationship between Boiler Plan UK and its customers, fostering loyalty and repeat business, with competitive pricing reflecting the value of enhanced energy efficiency and lower long-term heating costs. In April 2021, Boiler Plan UK Ltd raised GBP 1.


5 million in venture funding to invest in its new operating platform, which aims to streamline efficiencies and infrastructure to support further scaling and customer reach. The company plans to develop new products that enhance their heating solutions and is focused on expanding into new geographic regions in the UK, although specific areas have not been detailed. The recent funding will support these initiatives, allowing Boiler Plan UK to enhance its service offering and operational capabilities.


Current Investors

Northstar Ventures, Maven VCT, North East Fund

Primary Industry

Construction

Sub Industries

Home Repair Services, Construction

Website

www.boilerplanuk.com

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Boiler Plan UK Ltd - financials

Fiscal Year EndedDec 31, 2019Dec 31, 2020
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Boiler Plan UK Ltd - employee data

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