About Saltire
Saltire is a company based in Bellshill (United Kingdom) founded in 2000 was acquired by Daikin in July 2025. It operates as a Professional Services, and Subscription Services. Saltire has raised $2.61 million across 1 funding round from investors including Barclays, United Capital and Daikin. The company has 321 employees as of March 31, 2022. Saltire offers products and services including Boiler Installations, Renewable Heating, and Electrical Services. Saltire operates in a competitive market with competitors including JustFix, Handy Services, Tailored Heat, Metro Plumb and Plumb Now, among others.
- Headquarter Bellshill, United Kingdom
- Employees 321 as on 31 Mar, 2022
-
Sectors
Business Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Saltire Facilities Management Limited
-
Annual Revenue
$38.56 M (USD)-20as on Mar 31, 2022
-
Net Profit
$2.34 M (USD)-38as on Mar 31, 2022
-
EBITDA
-
Total Equity Funding
$2.61 M (USD)
in 1 rounds
-
Latest Funding Round
$2.61 M (USD), Seed
Aug 08, 2017
-
Investors
Barclays
& 2 more
-
Employee Count
321
as on Mar 31, 2022
- Acquired by
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Saltire
Saltire offers a comprehensive portfolio of products and services, including Boiler Installations, Renewable Heating, and Electrical Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Modern condensing boilers are installed by trained professionals.
Environmentally friendly heat pumps are installed by experts.
Comprehensive electrical works are provided for various clients.
Unlock access to complete
Funding Insights of Saltire
Saltire has successfully raised a total of $2.61M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.61 million completed in August 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $2.6M
-
First Round
First Round
(08 Aug 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2017 | Amount | Seed - Saltire | Valuation | Barclays |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Saltire
Saltire has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Barclays, United Capital and Daikin. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Diversified financial services are provided across global markets.
|
Founded Year | Domain | Location | |
|
United Capital is engaged in investing in HVAC sector businesses.
|
Founded Year | Domain | Location | |
|
Daikin is recognized for providing innovative heating and cooling solutions.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Saltire
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Saltire
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Saltire Comparisons
Competitors of Saltire
Saltire operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as JustFix, Handy Services, Tailored Heat, Metro Plumb and Plumb Now, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Home maintenance services are booked via an online platform.
|
|
| domain | founded_year | HQ Location |
Offers removals, cleaning, gardening, and storage services in London.
|
|
| domain | founded_year | HQ Location |
Provides boiler installations, repairs, plumbing, and electrical services in Plymouth.
|
|
| domain | founded_year | HQ Location |
Offers emergency plumbing repairs and installations for homes and businesses nationwide.
|
|
| domain | founded_year | HQ Location |
Functions as an app-based platform for on-demand service bookings, including plumbing.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Saltire
Frequently Asked Questions about Saltire
When was Saltire founded?
Saltire was founded in 2000 and raised its 1st funding round 17 years after it was founded.
Where is Saltire located?
Saltire is headquartered in Bellshill, United Kingdom. It is registered at Bellshill, Scotland, United Kingdom.
Is Saltire a funded company?
Saltire is a funded company, having raised a total of $2.61M across 1 funding round to date. The company's 1st funding round was a Seed of $2.61M, raised on Aug 08, 2017.
How many employees does Saltire have?
As of Mar 31, 2022, the latest employee count at Saltire is 321.
What is the annual revenue of Saltire?
Annual revenue of Saltire is $38.56M as on Mar 31, 2022.
What does Saltire do?
Saltire Facilities Management is established as one of the largest property services providers in the UK, partnering with public sector organizations and serving over 120,000 social housing tenants alongside private homeowners. Comprehensive home services are offered, with specialization in renewables, gas services, and electrical works. Support is provided to public sector clients nationwide to decarbonize housing stock and meet zero-carbon goals. Boiler installations, service plans with emergency call-outs, and renewable heating solutions like air source heat pumps are delivered to ensure safe and sustainable living environments.
Who are the top competitors of Saltire?
Saltire's top competitors include JustFix, Handy Services and Tailored Heat.
What products or services does Saltire offer?
Saltire offers Boiler Installations, Renewable Heating, and Electrical Services.
Who are Saltire's investors?
Saltire has 3 investors. Key investors include Barclays, United Capital, and Daikin.