INSIGHTS - NOVEMBER 2024

UK Personal Service Industry

UK Personal Service Industry Information

The personal service industry includes services such as laundry and dry-cleaning of textiles, carpet cleaning, hairdressing, beauty treatment, spas, massage and therapy, tattoing, funerals and related activities.

Active Businesses

152,585

Annual Sales

£138bn +

Employees

1,142,238

Economic Contribution 

£57bn

Tags

Location of Personal Service Companies

Personal Service Companies by Size

89% Micro

10% Small

1% Mid

0% Large

0% Mega

Personal Service Companies by Age

34% Young

29% Startup

22% Established

10% Mature

4% New

Fastest Growing Personal Service Companies

37% Declining

22% Healthy

18% Rapid

14% High

9% Low

Personal Service Industry Competitive Environment - New Entrants vs Leavers

Personal Service Industry Valuation

EBITDA Multiple

Data only available to Pomanda Pro subscribers.

Personal Service Industry Valuation

Turnover Multiple

Data only available to Pomanda Pro subscribers.

Personal Service 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 Other personal service activities Industry Insights

There are 152,585 active Businesses in the UK with combined annual sales of £138 billion .

The Industry employs around 1,142,237 people and contributes £57 billion to the economy.

The most popular location for Personal Service companies is London with 45,578 and the fewest are located in Northern Ireland with 1,934.

The largest Personal Service company is Mash Holdings Limited with a turnover of £5.6bn. 89% of the industry is comprised of Micro companies with only 1% Mid companies.

10% of the Personal Service Industry is made up of 10% Mature but the majority are Young businesses (34%) the oldest company is Southsea Clarence Esplanade Pier Company Limited(the) founded in 1860.

Personal Service industry has a number of high growth companies (14%), the fastest growing company is Easyjet Holidays Transport Limited with a 3 year growth rate of 281%. Other fast growing companies include Glaxosmithkline Intellectual Property (No.4) Limited (225%), Nuclear Waste Services Limited (197%) and Kevin Steven Fryer Ltd (190%).

The UK Personal Service Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 11.18x, Turnover multiple of 1.70x and a Net Asset multiple of 2.94x.