Cleanzine: your weekly cleaning and hygiene industry newsletter 18th April 2024 Issue no. 1110
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Principle Windows announced as UK's second largest operator
Principle Windows, the vertical cleaning division of Principle Cleaning Services, has become the second largest window cleaning operation in the UK.
The division, which employs over 100 people and has a turnover of over £7 million, has a market share of 3.4%, according to an industry report by IBISWorld.
Principle Windows has grown from humble beginnings in 2013 when it had four employees from East London Business Alliance - a non-profit making organisation, which gives local people the opportunity to get back to work.
It is now IRATA accredited and has a group of IRATA-trained abseilers, a five-strong management team, a technical lead and full-time safety and administrative support. Principle Windows also launched a Centre of Excellence facility in Stratford in 2019 and has developed bespoke, real time reporting through its drop marking platform.
"For our window cleaning operation to be the second largest in the UK in a highly competitive industry is significant, particularly when our portfolio currently only covers the London market.," says David Saville, managing director of vertical at Principle Cleaning Services and executive committee member of the Federation of Window Cleaners.
"Although we operate in a mature sector with many operators, our strategy is to continue to grow organically through continued investment in our people, innovation, sustainability and the use of technology, to deliver even greater benefits for our clients."
The report highlights that the UK window cleaning industry is worth over £200 million with revenue forecast to rise by almost 19% in 2021-22 and grow at a compound annual rate of 9.4% to £343.7 million by 2026-7. The private sector accounts for just over 49% of industry revenue with the public sector accounting for almost 31% and individual households just under 20%.
The South East of England has the highest number of window cleaning operators with 18.4% of the market, the North West has 10.4% , the East of England and London has 10.2% and the South West, 10.1%. Scotland, which is the only region to require window cleaners to be licensed, has 8.3%, with other UK regions totalling 42.6%.
Principle Cleaning Services is a market leader in providing corporate, commercial cleaning in London. Established in 1989, the privately-owned company today has an annual turnover of more than £62 million and employs over 2,200 people. Its clients include such well-known landmarks as The Shard, 20 Fenchurch Street and 30 St Mary Axe.
11th August 2022