SPC

What SPC does

SPC (legal entity: S & P Coil Products Limited) is a privately-held British manufacturer of heating and cooling equipment, headquartered and producing at a single facility in Leicester under ISO 9001:2015 certification. The company designs, manufactures, and sells a diversified HVAC product portfolio including Thermatile radiant heating and cooling panels, Belgravia and Tilevector fan convectors, CiRRUS industrial unit heaters, iForce and AIRDOR Forcefield air curtains, Metropolitan trench heating systems, and a line of heating and cooling coils. Differentiated technical features include D-Tube copper-to-aluminium heat transfer technology, EC/DC electronically commutated fan motors, BMS/BACnet-compatible controls (Modulo v3, Delta Waterside Controller, Active LST), and enhanced-coil variants optimised for low-temperature heat pump operation at 45-50°C flow temperatures.

The company targets five primary end markets: industrial and warehouse facilities, education, commercial offices, healthcare, and heritage/listed buildings. Revenue is generated via hardware sales through a direct field sales team of area managers covering the UK and Ireland, supported by agents, distributors, a specification channel driven by architects and mechanical consultants, and a free online product configurator. Specification-stage adoption is reinforced through CIBSE-approved CPD programmes, BIM object distribution via BIMstore, and an extensive case study library. Notable customers include Marlborough College, the Ashmolean Museum, 8 Salisbury Square London, the Ashley Centre Epsom, the National Memorial Arboretum, and Five Rivers Health & Wellbeing Centre, with management led by Managing Director Steve Gage, Sales Director Jeremy Davies, and Technical Manager Richard Meskimmon (35+ years tenure).

Name

SPC

Legal name

S & P Coil Products Limited

Website

https://spc-hvac.co.uk

Company type

Private

Founded year

1979

Operating status

Operating

Headcount range

51–100 employees

Short description

SPC is a privately-held British HVAC manufacturer based in Leicester, producing radiant panels, fan convectors, unit heaters, air curtains, and trench heating for UK and Ireland commercial, education, healthcare, industrial, and heritage-building customers.

Ownership category

akta.pro rank

Product category

Commercial & Industrial HVAC Heating Equipment

NAICS

Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341), Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)

akta.pro primary industry

Ventilation, Ducting & Air Distribution Equipment (IMAHAKAG)

akta.pro secondary industry

Heat Exchangers, Coils & Hydronic HVAC Components (IMADANAF)

Keywords

• HVAC heating equipment
• Radiant ceiling panels
• Fan convectors
• Industrial air curtains
• Trench heating systems

Headquarters

HQ city

Leicester

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. HVAC Product Sales: Manufacture and sale of heating and cooling equipment including radiant panels, fan convectors, unit heaters, air curtains, and trench heating units. Products are sold directly through area sales managers and through a network of agents and distributors across the UK and Ireland.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

SPC manufactures and sells HVAC heating and cooling equipment including radiant heating and cooling panels (Thermatile range), fan convectors (Belgravia Supreme, Classic, and Tilevector), industrial air curtains (iForce and AIRDOR Forcefield), trench heating and cooling systems (Metropolitan), and industrial unit heaters (CiRRUS). Products are specified by architects, mechanical consultants, and contractors and sold through a UK-wide network of area sales managers, agents, and distributors. The company also offers BIM objects, a free online product configurator, and CIBSE-approved CPD training to support specification.

Product overview

SPC (S & P Coil Products Limited) is a British manufacturer based in Leicester specialising in heating and cooling solutions for the HVAC industry. The product portfolio centres on radiant heating and cooling panels (Thermatile range including TEN, TWELVE, and Electric variants), fan convectors (Belgravia Supreme, Classic, and Tilevector ranges), industrial air curtains (iForce and AIRDOR Forcefield), trench heating systems (Metropolitan), and industrial unit heaters (CiRRUS). Products are complemented by controls (Modulo v3 Controller, Delta Waterside Controller, Active LST system), BIM object library, and CPD training services. SPC manufactures to ISO 9001:2015 standards and positions products for commercial, educational, healthcare, and industrial applications with heat pump compatibility as a key differentiator.

Differentiator

Problem solved

Functional benefit

Brands

• Belgravia: Fan convector product range including Supreme and Classic models
• Tilevector
• CiRRUS
• iForce
• Thermatile
• Metropolitan
• AIRDOR Forcefield
• Modulo
• BioGrid
• Delta Waterside Controller

Quantifiable outcome

• Thermatile TEN-TWELVE radiant panels operate at 45-50°C flow temperature, aligned with heat pump operating range
• +4 more outcomes

Named customers15 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature5 records

Partnerships

Eight partnerships are on record, tiered minor and core.

• Phillips Page AssociatesminorImplementation/ SI/ Consulting PartnerArchitecture firm that specified SPC Metropolitan trench heating for the Midlands Goods Shed project at King's Cross, requiring bespoke cornered angles for the Grade II Listed building entranceway.
• Grant Walker EngineeringminorImplementation/ SI/ Consulting PartnerInstallation contractor for The Ashley Centre, Epsom project, ensuring smooth and efficient installation of concealed Forcefield Air Curtains.
• Oxford Pipework ServicesminorImplementation/ SI/ Consulting PartnerInstallation contractor for The Orangery at Aynho Park project, installing 11 runs of Metropolitan Fan-assisted Trench Heating.
• Waugh Thistleton ArchitectsminorStrategic or Co-development PartnerArchitecture firm that conceived the innovative radiant cooling concept using SPC Thermatile panels connected to canal water heat exchanger for The Water House Restaurant.
• TP BennettminorStrategic or Co-development PartnerArchitecture firm specifying SPC Metropolitan powered trench heating for 8 Salisbury Square, London, with Analok grilles matching the design criteria.
• Martin EnvironmentalminorImplementation/ SI/ Consulting PartnerInstaller and project manager providing installation services for schools including Towers School and Waddesdon C of E School, with positive feedback on product quality and ease of installation.
• BIMstorecoreTechnology or IntegrationBIM object distribution partner providing BIM objects for use at the modelling stage to determine specifications, sizes, and power outputs, stored in the model for facilities management during building lifecycle.
• CIBSEcoreStrategic or Co-development PartnerProfessional membership body with over 19,500 members in 97 countries. SPC offers CIBSE-approved CPD sessions and references CIBSE Guide B for technical guidance.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Zehnder Group: Swiss-listed manufacturer of radiant ceiling panels, fan convectors, and heat recovery ventilation for commercial and residential markets. Directly competes with SPC in radiant heating/cooling panels and fan convectors, with a stronger international footprint but a similar design-led, low-temperature positioning.
• Vasco (a brand of Vasco Group / Arbonia): European manufacturer of designer radiators, fan convectors, and underfloor/trench heating systems. Highly comparable to SPC's product mix, with emphasis on aesthetic, space-efficient terminals and growing focus on heat-pump-ready low-temperature operation.
• Sabiana (Ariston Group): Italian manufacturer of radiant ceiling panels, fan coils, and air curtains for commercial buildings. Comparable product portfolio to SPC's Thermatile radiant panels, Belgravia/Tilevector fan convectors, and AIRDOR air curtains for European specifier-led projects.
• BIS Heating: UK-based specialist in trench heating, fan convectors, and radiant panels serving commercial and high-end residential projects. Operates in the same niche as SPC's Metropolitan and Tilevector product lines and competes for the same UK specifier channel.
• Jaga Radiatoren (Jaga): Belgian-headquartered manufacturer of low-temperature fan convectors, radiant panels, and trench heating for residential and commercial applications. Directly comparable to SPC's Belgravia fan convector, Tilevector, and Metropolitan trench heating lines, especially on the heat-pump-compatible low water temperature proposition.
• Smiths Environmental (Reznor): UK distributor and manufacturer of commercial/industrial heating including Reznor unit heaters, radiant tubes, and air curtains. Directly comparable to SPC's CiRRUS unit heater and iForce industrial air curtain ranges for warehouse and industrial applications.
• Rettig Group (Purmo, Radson, Vogel & Noot): Major European HVAC terminal manufacturer offering radiators, underfloor heating, and increasingly fan convectors and radiant panels. Comparable to SPC across multiple categories, with significantly broader geographic reach and a focus on low-temperature systems.

Broad incumbents

• Mitsubishi Electric Living Environmental Systems: Major HVAC manufacturer in the UK, with strong positioning on air-source heat pumps and ceiling cassette / ducted air distribution that overlaps SPC's heat-pump-compatible fan convector product offering for commercial projects.
• Daikin UK: UK arm of the global Daikin group, supplying VRF, chillers, heat pumps, and increasingly heat-pump-compatible air-side terminals. Broad incumbent across HVAC; overlaps with SPC through heat-pump-led commercial heating projects but does not specialise in radiant panels or trench heating.
• Carrier UK: Global HVAC manufacturer offering chillers, air handling units, and terminal products including fan coils. Comparable as a broad incumbent in commercial HVAC where SPC's fan convectors and trench heating may be specified alongside Carrier plant equipment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/spchvac

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SPC