INSIGHTS - OCTOBER 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

25,660

Annual Sales

£25bn +

Employees

134,906

Economic Contribution 

£8bn

Tags

Location of Machinery Servicing Companies

Machinery Servicing Companies by Size

76% Micro

21% Small

2% Mid

1% Large

0% Mega

Largest Machinery Servicing Companies
Turnover
Machinery Servicing Companies by Age

31% Established

27% Young

20% Mature

20% Startup

2% New

Fastest Growing Machinery Servicing Companies

34% Declining

24% Healthy

17% High

15% Rapid

10% Low

Machinery Servicing Industry Competitive Environment - New Entrants vs Leavers

Machinery Servicing Industry Valuation

EBITDA Multiple

Data only available to Pomanda Pro subscribers.

Machinery Servicing Industry Valuation

Turnover Multiple

Data only available to Pomanda Pro subscribers.

Machinery Servicing Industry Valuation

Net Asset Multiple

Data only available to Pomanda Pro subscribers.

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 25,660 active Businesses in the UK with combined annual sales of £25 billion .

The Industry employs around 134,906 people and contributes £8 billion to the economy.

The most popular location for Machinery Servicing companies is South East England with 3,663 and the fewest are located in Northern Ireland with 621.

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.

20% of the Machinery Servicing Industry is made up of 20% Startup but the majority are Established businesses (31%) 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 Canadian Solar Sses (Uk) Ltd with a 3 year growth rate of 219%. Other fast growing companies include Sts Aviation Services Uk Limited (86%), Ethosenergy (Mea) Limited (72%) and Ormazabal Uk Limited (66%).

The UK Machinery Servicing Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 11.09x, Turnover multiple of 1.25x and a Net Asset multiple of 3.77x.