INSIGHTS - OCTOBER 2024

UK Repair Services Industry

UK Repair Services Industry Information

The other services industry includes the repair and maintenance of consumer electronics, home and garden equipment, footwear and leather goods, furniture, clothing and clothing accessories, sporting goods, musical instruments and other household goods.

Active Businesses

9,316

Annual Sales

£3bn +

Employees

27,480

Economic Contribution 

£1bn

Tags

Location of Repair Services Companies

Repair Services Companies by Size

90% Micro

9% Small

1% Mid

0% Large

0% Mega

Repair Services Companies by Age

32% Startup

29% Young

23% Established

14% Mature

3% New

Fastest Growing Repair Services Companies

38% Declining

19% Healthy

19% Rapid

15% High

8% Low

Repair Services Industry Competitive Environment - New Entrants vs Leavers

Repair Services Industry Valuation

EBITDA Multiple

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Repair Services Industry Valuation

Turnover Multiple

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Repair Services Industry Valuation

Net Asset Multiple

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Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
UK Repair of computers and personal and household goods Industry Insights

There are 9,316 active Businesses in the UK with combined annual sales of £3 billion .

The Industry employs around 27,479 people and contributes £1 billion to the economy.

The most popular location for Repair Services companies is London with 2,349 and the fewest are located in Northern Ireland with 116.

The largest Repair Services company is Computacenter (Uk) Limited with a turnover of £1.2bn. 90% of the industry is comprised of Micro companies with only 1% Mid companies.

14% of the Repair Services Industry is made up of 14% Mature but the majority are Startup businesses (32%) the oldest company is Fujitsu Services Limited founded in 1907.

Repair Services industry has a number of high growth companies (15%), the fastest growing company is Ping Network Solutions Limited with a 3 year growth rate of 35%. Other fast growing companies include Gxo Servicetech Uk Limited (31%), Albion Computers Plc (31%) and George Tarratt Limited (27%).

The UK Repair Services Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 11.29x, Turnover multiple of 1.20x and a Net Asset multiple of 1.64x.