76% Micro
21% Small
2% Mid
1% Large
0% Mega
INSIGHTS - APRIL 2024
UK Machinery Servicing Industry
UK Machinery Servicing Industry Information
The repair and maintenance industry involves the specialised repair of manufactured goods, the restoration of machinery, equipment and other products to working order as well as general or routine maintenance and servicing.
Active Businesses
25,305
Annual Sales
£24bn +
Employees
132,699
Economic Contribution
£8bn
Tags
Location of Machinery Servicing Companies
Machinery Servicing Companies by Size
Largest Machinery Servicing Companies
Turnover
Vodafone Limited
£5.8bn
Leonardo Uk Ltd
£2.1bn
Short Brothers Plc
£563.8m
Alstom Transport Uk Limited
£489.4m
Machinery Servicing Companies by Age
32% Established
28% Young
21% Mature
18% Startup
0% New
Oldest Machinery Servicing Companies
Established
Fastest Growing Machinery Servicing Companies
36% Declining
23% Healthy
16% High
15% Rapid
10% Low
Fastest Growing Machinery Servicing Companies
3yr CAGR
Machinery Servicing Industry Competitive Environment - New Entrants vs Leavers
Machinery Servicing Industry Valuation
EBITDA Multiple
Machinery Servicing Industry Valuation
Turnover Multiple
Machinery Servicing Industry Valuation
Net Asset Multiple
Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
UK Repair and installation of machinery and equipment Industry Insights
There are 25,305 active Businesses in the UK with combined annual sales of £24 billion .
The Industry employs around 132,699 people and contributes £8 billion to the economy.
The most popular location for Machinery Servicing companies is South East England with 3,615 and the fewest are located in Northern Ireland with 601.
The largest Machinery Servicing company is Vodafone Limited with a turnover of £5.8bn. 76% of the industry is comprised of Micro companies with only 2% Mid companies.
18% of the Machinery Servicing Industry is made up of 18% Startup but the majority are Established businesses (32%) the oldest company is Berthon Boat Company Limited founded in 1877.
Machinery Servicing industry has a number of high growth companies (15%), the fastest growing company is Glaston Uk Limited with a 3 year growth rate of 60%. Other fast growing companies include Harting Manufacturing Uk Limited (54%), Trina Storage (Uk) Ltd (53%) and Caljan Limited (49%).
The UK Machinery Servicing Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 13.90x, Turnover multiple of 1.43x and a Net Asset multiple of 3.64x.
