Pimlico Plumbers Limited
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Pimlico Plumbers Limited - overview
Established
1979
Location
London, -, UK
Primary Industry
Logistics & Distribution
About
Pimlico Plumbers Limited is a leading provider of property maintenance services in London, specializing in plumbing, heating, electrical, drainage, carpentry, and roofing solutions for both residential and commercial clients. Founded in 1979, Pimlico Plumbers Limited operates primarily in London, UK. The company specializes in a comprehensive suite of property maintenance services. Charlie Mullins founded the company, and it has steadily grown to become a well-known name in the industry.
In September 2021, Pimlico Plumbers was acquired by Neighborly Company, a move aimed at expanding their business globally. Pimlico Plumbers specializes in a comprehensive suite of property maintenance solutions, focusing on plumbing, heating, electrical, drainage, carpentry, and roofing services. The company addresses a wide range of property issues for residential and commercial clients, including boiler installations, plumbing repairs, electrical diagnostics, and bespoke carpentry. With a strong reputation for quality workmanship and customer service, Pimlico serves clients across Greater London, including boroughs such as Barnet, Greenwich, and Lambeth.
Their services are tailored to resolve urgent problems and offer preventive maintenance, ensuring the longevity and efficiency of property systems. In 2023, Pimlico Plumbers generated revenue of USD 60. 59 mn with EBITDA amounting to USD 1. 98 mn.
The company operates a direct-to-consumer model, charging service fees for maintenance and installation tasks, fostering trust through transparent pricing and upfront estimates for services rendered. Following its acquisition by Neighborly Company in September 2021, Pimlico Plumbers plans to leverage this partnership to enhance its global presence. While specifics on new product launches were not disclosed, the acquisition aims to support initiatives for expansion into new markets, allowing Pimlico to explore opportunities beyond their current geographic footprint.
Current Investors
Neighborly Company
Primary Industry
Logistics & Distribution
Sub Industries
Electronic Components & Semiconductor Wholesalers
Website
www.pimlicoplumbers.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Pimlico Plumbers 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Pimlico Plumbers Limited | - |
Displaying 1 - 1 of 1

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.