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157613 / Rightbiz
Headquarted in the South East, Operating Nationwide
Project Spica is a specialist distributed engineering firm that provides turnkey energy solutions for commercial and industrial sectors, handling projects from design and installation to operation and maintenance.
The company utilises a unique energy-as-a-service financial model, allowing clients to design and maintain on-site energy systems without upfront costs.
To support its service offering, the business has established a robust supply chain, partnering with solar PV providers and a battery energy storage manufacturer in China.
Our clients are now seeking investment to facilitate further development under the impetus of their evolving MicroGrid offer.
Offers invited.
Generated a turnover of £5m in YE24, with an adjusted EBITDA of £720k.
620% growth in turnover between YE21 and YE24.
Embarked on a programme of adding Solar PV and BESS across the existing portfolio of 28 CHP Sites.
First energy procurement contract converted and expected to roll out across the customer portfolio.
Benefits from continued and steady growth in the CHP and renewable energy sectors, which are anticipated to grow at CAGR rate of 7.6% and 17.2% respectively.
Works with multiple large organisations and local councils across the UK.
90% of annual turnover is secured through multi-year energy service contracts.
Generated circa £1.2m in recurring revenue in YE24.
Is an approved supplier of state-of-the-art power generation systems.
Manages 28, 15-year Energy Service contracts, which take an average of seven years to run.Â
Operates from leasehold premises.Â
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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