89% Micro
10% Small
1% Mid
0% Large
0% Mega
INSIGHTS - APRIL 2024
UK Personal Service Industry
UK Personal Service Industry Information
The personal service industry includes services such as laundry and dry-cleaning of textiles, carpet cleaning, hairdressing, beauty treatment, spas, massage and therapy, tattoing, funerals and related activities.
Active Businesses
148,292
Annual Sales
£131bn +
Employees
1,093,928
Economic Contribution
£118bn
Tags
Location of Personal Service Companies
Personal Service Companies by Size
Personal Service Companies by Age
37% Young
28% Startup
24% Established
11% Mature
0% New
Oldest Personal Service Companies
Established
Fastest Growing Personal Service Companies
39% Declining
18% Healthy
18% Rapid
13% High
12% Low
Personal Service Industry Competitive Environment - New Entrants vs Leavers
Personal Service Industry Valuation
EBITDA Multiple
Personal Service Industry Valuation
Turnover Multiple
Personal Service Industry Valuation
Net Asset Multiple
Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
UK Other personal service activities Industry Insights
There are 148,292 active Businesses in the UK with combined annual sales of £131 billion .
The Industry employs around 1,093,927 people and contributes £118 billion to the economy.
The most popular location for Personal Service companies is London with 44,323 and the fewest are located in Northern Ireland with 1,850.
The largest Personal Service company is National Grid Electricity System Operator Limited with a turnover of £4.6bn. 89% of the industry is comprised of Micro companies with only 1% Mid companies.
11% of the Personal Service Industry is made up of 11% Mature but the majority are Young businesses (37%) the oldest company is Southsea Clarence Esplanade Pier Company Limited(the) founded in 1860.
Personal Service industry has a number of high growth companies (13%), the fastest growing company is Nuclear Waste Services Limited with a 3 year growth rate of 191%. Other fast growing companies include Teksystems Global Services (Uk) Limited (149%), Digital Medical Supply Uk Limited (129%) and Elis Uk Limited (114%).
The UK Personal Service Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 11.96x, Turnover multiple of 1.78x and a Net Asset multiple of 3.87x.
