OverviewSuggest Edit

At HomeServe we provide home emergency and repair solutions for all of our customers. When HomeServe was established as a joint venture with South Staffordshire Water in 1993, it was with the aim of being the first place people turn to for home emergencies and repairs. And we haven't lost sight of that goal. We want householders to be able to find a reliable, affordable tradesman in an emergency, and our network of committed and experienced engineers has grown to over 2,500 members. HomeServe offers customers peace of mind with approved engineers and a prompt response. We also enable consumers to take control of their home repair needs by offering both comprehensive insurance cover and fixed-price repairs. This is just the start of our vision to offer customers a full home solution. HomeServe's product range has expanded to include appliance repairs, locksmith servicing and boiler servicing, and our international operations mean that we're now offering solutions to customers in the UK, US, France, Spain, Belgium and Italy. This rapid growth has allowed us to expand our partner base to work with many major utility and energy companies, alongside other companies that have an affinity with our products. Whatever our customers need, we want to be the first place people turn to when it comes to fixing, maintaining and looking after their home.
TypePublic
Founded1993
HQWalsall, GB
Websitehomeserve.com
Employee Ratings4.2

Latest Updates

Employees (est.) (Mar 2019)6,301(+8%)
Revenue (FY, 2016)£91.4 M
Share Price (Sept 2021)£9.6(-1%)
Cybersecurity ratingBMore

Key People/Management at Homeserve

Tom Rusin

Tom Rusin

Chief Executive Officer HomeServe North America
Hilary Glassman

Hilary Glassman

General Counsel, Board Secretary
Rich Gannon

Rich Gannon

Chief Financial Officer, Board Member
Michael Backus

Michael Backus

Chief Sales Officer, Board Member
Michael Rauscher

Michael Rauscher

Chief Relationship Officer
Jeff Paradise

Jeff Paradise

Chief Digital Officer, Managing Director Whole Home Warranty
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Homeserve Office Locations

Homeserve has offices in Walsall, Banbury, Fulwood, Leeds and in 8 other locations
Walsall, GB (HQ)
West Midlands
Banbury, GB
Cherwell Business Village, Southam Rd
Fulwood, GB
6 Fulwood Park, Caxton Rd Fulwood Park
Leeds, GB
3310 Century Way
London, GB
3rd floor, 1 Bravington Rd
Nottingham, GB
Aspect House, Aspect Business Park, 26 Bennerley Rd
Show all (13)

Homeserve Financials and Metrics

Homeserve Revenue

Homeserve's revenue was reported to be £91.44 m in FY, 2016
GBP

Net income (FY, 2019)

46.6m

EBITDA (FY, 2019)

174.0k

EBIT (FY, 2019)

174.0k

Market capitalization (15-Sept-2021)

3.4b

Closing stock price (15-Sept-2021)

9.6
Homeserve's current market capitalization is £3.4 b.
GBPFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

91.4m

Operating expense total

810.0k

EBITDA

90.6m(4.7m)1.8m174.0k

EBITDA margin, %

99%
GBPFY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

1.01.01.01.01.01.043.0k1.4m752.0k281.0k179.0k43.0k

Accounts Receivable

5.0k30.0k

Current Assets

1.01.01.01.01.01.01.5m5.0m14.0m39.7m35.4m33.2m42.7m54.9m77.9m108.2m119.2m68.0m8.2m9.8m10.3m

PP&E

2.8m2.5m10.0k158.6m141.3m318.1m446.3m
GBPFY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(266.0k)(2.3m)(957.0k)(1.3m)2.4m2.4m5.4m51.1m(5.0m)4.0m9.8m80.2m30.0m46.9m46.6m

Cash From Operating Activities

(9.2m)(26.3m)4.5m10.9m(19.8m)152.6m(20.2m)(36.1m)(24.6m)(80.6m)112.8m

Dividends Paid

5.0m125.7m46.0m33.0m51.0m

Cash From Financing Activities

9.0m26.3m4.8m18.1m14.0m(79.4m)(5.0m)43.7m(46.0m)
GBPFY, 1999

Financial Leverage

1 x
Show all financial metrics

Homeserve Acquisitions / Subsidiaries

Company NameDateDeal Size
eLocal USANovember 20, 2019

Homeserve Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

SecurityScorecard logo

Homeserve Online and Social Media Presence

Embed Graph

Homeserve News and Updates

EU nationals leaving the UK is driving worker shortage, says Homeserve CEO

There is a shortage of skilled workers because of EU workers leaving the UK, the boss of home repair company The post EU nationals leaving the UK is driving worker shortage, says Homeserve CEO appeared first on CityAM.

Homeserve appoints ex-DCC boss as chairman

Homeserve has this morning appointed Tommy Breen as its new chairman, the home improvements firm announced. Breen will replace long-serving The post Homeserve appoints ex-DCC boss as chairman appeared first on CityAM.

Homeserve boosts profit forecasts as lockdown buoys firm

Homeserve said it would beat current full year profit expectations after a strong first half saw the home repairs firm The post Homeserve boosts profit forecasts as lockdown buoys firm appeared first on CityAM.

Gambling firm GVC takes punt on Homeserve chairman

Gambling group GVC said today it had appointed the chairman of Homeserve to chair its business. Longstanding chairman Lee Feldman, [...] The post Gambling firm GVC takes punt on Homeserve chairman appeared first on CityAM.

Homeserve Frequently Asked Questions

  • When was Homeserve founded?

    Homeserve was founded in 1993.

  • Who are Homeserve key executives?

    Homeserve's key executives are Tom Rusin, Hilary Glassman and Rich Gannon.

  • How many employees does Homeserve have?

    Homeserve has 6,301 employees.

  • Who are Homeserve competitors?

    Competitors of Homeserve include Haws, BELFOR and Vanguard Inspection Services.

  • Where is Homeserve headquarters?

    Homeserve headquarters is located at West Midlands, Walsall.

  • Where are Homeserve offices?

    Homeserve has offices in Walsall, Banbury, Fulwood, Leeds and in 8 other locations.

  • How many offices does Homeserve have?

    Homeserve has 13 offices.