Homeserve

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.
Company Growth (employees)
Type
Public
HQ
Walsall, GB
Founded
1993
Size (employees)
5,242 (est)+19%
Homeserve was founded in 1993 and is headquartered in Walsall, GB

Homeserve Office Locations

Homeserve has offices in Walsall, London, Chelmsford, Enfield and in 15 other locations
Walsall, GB (HQ)
West Midlands
Show all (19)

Homeserve Data and Metrics

Homeserve Financial Metrics

GBP

Net income (FY, 2016)

80.2 m

Cash (31-Mar-2016)

43 k
GBPFY, 2014FY, 2015FY, 2016

Pre tax profit

4.3 m10.3 m78.8 m

Net Income

4 m9.8 m80.2 m
GBPFY, 2014FY, 2015FY, 2016

Cash

281 k179 k43 k

Current Assets

108.2 m119.2 m68 m

PP&E

158.6 m141.3 m318.1 m

Total Assets

266.8 m260.5 m386.1 m

Accounts Payable

1.9 m501 k232 k

Current Liabilities

207.5 m205.2 m373.4 m

Total Liabilities

207.5 m205.2 m373.4 m

Retained Earnings

4 m4.8 m(45.5 m)

Total Equity

59.3 m55.3 m12.7 m

Financial Leverage

4.5 x4.7 x30.3 x
GBPFY, 2014FY, 2015FY, 2016

Cash From Operating Activities

(36.1 m)(24.6 m)(80.6 m)

Cash From Financing Activities

(5 m)43.7 m

Income Taxes Paid

(306 k)(577 k)1.4 m
Y, 2016

Financial Leverage

30.3 x

Traffic Overview of Homeserve

Homeserve Online and Social Media Presence

Homeserve News and Updates

Britain remains the best place in the world to run a global business

Like many momentous occasions in recent history, we will all remember where we were on 24 June when the result of the UK’s EU referendum became clear. For me, it was the arrival lounge of Terminal 5 at Heathrow. I was returning from four days in our US business where our team were locked in talks…

Homeserve Company Life and Culture

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