A leading UK manufacturer of products to improve the performance of residential heating and hot water systems
Innovation has been an important part of Sentinel’s recent recovery with strong international growth driven by new products; primarily its line of next generation filters which are tailored for country specific requirements. Partner deals with original equipment manufacturers have also improved, with legislation in certain countries dictating that system checks must be carried out by an independent third party, creating opportunity for follow on sales.
Although trading in the latter part of the year was impacted by a reduction in the stock held by a few of the company’s larger customers, this is expected to be a one-off effect. The company is confident that continued investment in research and development will lead to further growth across its markets.
CHIEF EXECUTIVE OFFICER:
ELECTRA OWNERSHIP: 55%
MULTIPLE OF COST: 0.2X