A truly connected business

Whereas the majority of our competitors in the support services sector operate in single lines, PTSG operates across several niche areas. This connected approach is part of our business philosophy and the reason for our high market share. It means that we may enter a market with one product and/or service and then eventually become the service provider of choice across more areas.

Financial highlights Strategic report Governance Financial statements

PTSG today

Headquartered in Castleford West Yorkshire with 16 offices and more than 400 engineers countrywide, PTSG is positioned to deliver. We have strategically placed staff which allows us to reduce travel costs and the necessity for overnight stays and continue to deliver a highly cost-effective service.

We have over 641 members of staff
We have 16 office locations nationwide
17,000
customers
No1 across our market sectors

Driving growth

Access and Safety

  • Safety Testing
  • Safety Installation
  • Cradle Maintenance
  • Cradle Installation

We are the UK’s leading supplier of fall arrest systems and safety testing services. We offer maintenance, inspection and testing solutions for safety at height as well as the design and installation of permanently installed façade access equipment and fall arrest equipment.

2017 Turnover £20.2m

Electrical Services

  • Lightning Protection
  • Surge Protection
  • Specialist Earthing
  • Electrical Testing

Our systems not only save time and money, they save lives. Whether it’s testing a portable appliance, a complete lightning and surge protection system or a dry riser as a vital component of fire suppression systems, our team of highly trained technicians are market leaders in these fields.

2017 Turnover £20.2m

Building Access Specialists

  • Steeplejack Services
  • High-Level Installations
  • High-Level Reparation
  • High Level Cleaning

Our high-level cleaning team members are experts in working at height, and we can provide cleaning and refurbishment work encompassing a wide range of vital services – for the inside or outside of any building.

2017 Turnover £5.4m

Fire Solutions

  • Dry Riser Installation/Maintenance
  • Sprinkler Installation/Test/Maintenance
  • Fire Alarm/Emergency Lighting Test/Install
  • Fire Extinguisher Test/Supply

PTSG offers a tailored service for a range of fire prevention and suppression systems in a variety of public and private buildings. From initial design and feasibility, through to installation, testing, replacement, maintenance and certification, we provide a complete fire protection solution to ensure that your facilities remain safe and compliant.

2017 Turnover £7.1m

£52.9m

Revenue

52.9
39.2
2017
2016
+35%

£27.1m

Gross Profit

27.1
20.3
2017
2016
+33%

£10.6m

Adjusted Operating Profit*

10.6
7.9
2017
2016
+35%

9.73p

Adjusted earnings per share (EPS)*

9.73p
7.63p
2017
2016
+28%

1.60p

Dividend per ordinary share paid and proposed

1.60p
1.40p
2017
2016
+14%
*before adjusting items of £8.3m (2016: £4.7m) resulting in a statutory operating profit of £2.4m (2016: £3.1m) and EPS of 1.37p (2016: 2.61p).

Chairman's Statement

"Our areas of operation are those niche specialist service areas where our established operating model can deliver both high margins and industry leading contract renewal rates to a satisfied customer base."

John Foley
Chairman

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Our business model

Our success is built upon our business model, which is simple and highly effective. Our pursuit of excellence in an increasing number of markets – through both acquisitive and organic growth – has made us the go-to company for over 17,000 customers, while giving our shareholders a strong return on their investment.

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The heart of our ambition

Leading by example
Strong leadership has been key in helping us to drive PTSG forward, ensuring all our teams do a first-class job and, crucially, inspiring a conscientious and respectful attitude. The result is a highly skilled, highly fulfilled workforce that wants to stay with a company that’s going places.

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Case Study

Acquisition overview

UK Sprinklers Limited

On 12 September 2017, PTSG announced that it has extended its fire safety solutions offer to encompass the installation and maintenance of sprinkler systems through the acquisition UK Sprinklers Ltd (UKS). Based in Bury, UKS is a specialist in the installation of sprinkler systems.

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Chief Executive’s review

"We are completely focused on improving and extending our services for our 17,000 customers. To equip PTSG for the next phase of our ongoing growth, we have refreshed our strategy and continue to put customers first in all that we do."

Paul Teasdale
Chief Executive

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Finance Director's review

"In 2017, we generated revenue of £52.9m (2016: £39.2m), an increase of 35%."

Mark Watford
Finance Director

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