Sold

North East Based Smart Heating Control Business - Project Marengo

ID:

758.1833A - Project Marengo

Chester le Street, England (but not location dependent)

Details

Project Marengo

An opportunity to acquire a North East based smart heating control business. – By Order of the Director Pending the Appointment of an Insolvency Practitioner
OPPORTUNITY
  • Retrofit smart heating control system for existing electric storage heaters;
  • Can work with gas systems, heat pumps (not yet demonstrated);
  • Patented and Trademarked system;
  • Pre-revenue - trial data from Installations available
KEY HIGHLIGHTS
  • Trademarked and patented hardware solution for the control of heating of rooms;
  • Trials with local council and social housing provider;
  • Trialled in community buildings (church hall, library, community hall)
  • Designed in house, the devices work with bespoke control software to determine the optimum heating and cooling in a property;
  • Integration with booking systems on community buildings to automatically schedule heating for events;
  • Smart charging for electric storage heating;
  • North East England based but business is not geographically tied;
  • Current stock of completed systems (circa 50);
  • One staff member, works remotely
 

 

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EXPRESSIONS OF INTEREST
  • Interested parties will be required to sign a nondisclosure agreement (NDA) before further information is
  • Expressions of interest are offers are required by noon on 5 December 2023 together with proof of funding with completion as soon as possible

To Request an NDA, please email [email protected]

Please Download Notice of Sale for further information

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