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SOLD : Thermal Imaging Services Business

With over 25 years trading, this business, based in the Midlands, is one of the largest in the sector and provides thermal imaging surveys and sales and rental of thermal cameras.

The cameras used when conducting surveys, are some of the most accurate and sophisticated on the market, ensuring that its Customers are provided with top quality results. The cameras help detect plumbing leakage, damp issues and faults as well as ensuring energy efficiency, by surveying installation on buildings.

Thermography cameras can identify electrical faults like poor connections, electrical leakage, insulator defects and internal fuse damage, helping Customers to complete their work effectively. Thermal Imaging can help find leaks in pumps, pipes and valves, installation breakdowns and air conditioning efficiently, helping to identify problem areas without having to cause damage to property. Handheld Infrared cameras are ideal for use in a range of applications, including thermal imaging surveys, film and video production, and veterinary diagnostics. Automation cameras provide the ideal solution for machine vision and industrial safety, allowing for ‘round-the-clock’ condition monitoring through thermal imaging.

The business also offers a range of cameras capable of measuring body temperatures for the purposes of scanning for the possibility of COVID-19 and fever detection.

Sales have averaged close to £500k for the last 3 years and are on target for over £500k in the current year. The director believes that the business should achieve £750k sales in FY 2022 and generate adjusted EBITDA of some £120k. The business has fared well over the period of COVID and is well placed to continue to see sales growth.

The director is seeking to retire but would be prepared to provide necessary hand-over support for a period up to 2 years for the new owners on terms to be agreed.

The business is an ISO9000 Registered company as well a member of the BINDT and UKTA and Safe Contractor

Location: Midlands        Annual Sales: c. £500k

Offers Invited for 100% of the Shares

Contact: Peter Wilson        02476 100476

Anderson Shaw Reference - ASCFL/TIS

Anderson Shaw has offices on the outskirts of Stratford-Upon-Avon and provides business broker and corporate finance services for clients throughout the Midlands and the UK.

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