Pimlico owner rejects private equity bids to keep company family-owned on the back of strong revenue growth
Pimlico Group, the UK’s largest independent home services company, achieved revenues of almost £44 million in 2018 following a strong second half of the year, which included a record-breaking summer.
This strong financial performance has been attributed to the continued investments made by its founder and Chief Executive, Charlie Mullins, who has pledged that the company will remain 100 percent family-owned after a number of approaches from investors.
For the first time in its 39-year history, the period June to August 2018 saw income generated exceeding £10 million, with July and August’s figures contributing to sales of £22.67million for the final six months of 2018.
