Cardo Group

What Cardo Group does

Cardo Group is a Cardiff-headquartered, privately held building maintenance contractor serving social housing providers, local authorities, and public and commercial sector clients across England, Scotland, and Wales. Its core offering spans general repairs, refurbishment, decorating, electrical and solar installation, roofing, and energy efficiency/retrofit services delivered through regional offices and local workforces. The group operates through wholly owned subsidiaries including A&N Lewis, Trident Maintenance Services, Faskin Group, SERS Energy Solutions, and EFS Systems, each retaining its operating brand and specialist trade focus.

Cardo Group's business model is anchored in long-term, managed-service contracts awarded through competitive public sector tendering, supplemented by one-off project work. Revenue is generated primarily from housing associations and local authorities — exemplified by the £395 million Dacorum Borough Council housing repairs contract (initial 5-year term, 5-year extension option) covering approximately 10,500 properties. The group reported annual turnover of approximately £170 million in FY2024/25, supported by a workforce of 1,400-1,600 staff and an aggressive, programmatic acquisition strategy that has added nine specialist businesses between April 2024 and June 2026.

Founded in 2023 with backing from Buckthorn Partners and Souter Investments, Cardo Group is led by co-founder and Executive Chair Jane Nelson and CEO Liam Bevan. Its stated objective is to build one of the UK's largest building maintenance companies through continued geographic and capability expansion via M&A. The firm positions itself as the largest building maintenance contractor in Wales and is systematically extending national coverage, with particular emphasis on decarbonisation, retrofit, and renewable energy services aligned with UK social housing net-zero policy.

Name

Cardo Group

Legal name

Cardo Group

Website

https://cardogroup.co.uk

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Building Maintenance Services: Cardo Group generates revenue through long-term building maintenance contracts with housing associations, local authorities, and public sector organizations. Revenue comes from both recurring service contracts and one-time project work including refurbishment and retrofit services.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels1 record

Core offering

Cardo Group delivers building maintenance, refurbishment, and improvement services to social housing providers, local authorities, healthcare, education, custodial, and commercial clients across England, Scotland, Wales, and Ireland. Its portfolio spans general repairs, refurbishment and decorating, electrical and solar installation, roofing, and energy efficiency/retrofit services, delivered through long-term managed service contracts and project work.

Product overview

Cardo Group operates as a building maintenance contractor offering a unified portfolio of services primarily serving social housing providers and public sector clients. The company's core offerings span general building maintenance, refurbishment, electrical/solar, roofing, and energy efficiency/retrofit services. Following a series of acquisitions (A&N Lewis, Faskin Group, EFS Systems, SERS Energy Solutions, and Trident Maintenance Services), the company has expanded its capabilities into a comprehensive building maintenance platform covering England, Wales, and Scotland, with annual turnover of approximately £170 million and a workforce of over 1,400 staff.

Differentiator

Problem solved

Functional benefit

Products and services

• Building Maintenance Services General building maintenance, repairs, and improvement services for residential and commercial properties, delivered to social housing providers, local authorities, healthcare, education, custodial, and commercial clients under long-term contracts.
• Social Housing Maintenance Building maintenance services specifically for social housing providers, including compliance, repairs, refurbishment, and decarbonisation work across housing stock.
• Public Sector Building Services Building maintenance and improvement services for healthcare, education, custodial, and commercial public sector clients across England and Scotland.
• Refurbishment and Decorating Specialist refurbishment and decorating services provided through acquired subsidiary A & N Lewis Limited, supporting Cardo Group's building maintenance and improvement work in Wales and the wider UK.
• Electrical and Solar Installation Specialist electrical and solar installation and maintenance services provided through acquired subsidiary EFS Systems, strengthening Cardo Group's self-delivery capability in Wales and the wider UK.
• Roofing Services Roofing installation and maintenance services provided through acquired subsidiary Faskin Group, strengthening Cardo Group's national presence particularly in Scotland.
• Energy Efficiency and Retrofit Services Energy efficiency and external wall insulation services for social housing and public sector buildings, provided through acquired subsidiary SERS Energy Solutions Group, supporting decarbonisation and retrofit requirements across England, Wales, and Scotland.

Quantifiable outcome

• 700+ hours of community support delivered under Dacorum contract
• +2 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Jane NelsoncoreOthers · 2 April 2026Jane Nelson, co-founder of Cardo Group, has become the company's executive chair. She will focus on long-term growth strategy and governance as the company plans to expand its revenue and employee base.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Kier Group plc: Large UK construction and infrastructure group with a property services arm serving local authorities and housing associations. Broader portfolio than Cardo but a meaningful competitor for housing maintenance frameworks.
• Mitie Group plc: Major UK facilities management and maintenance provider with a broader service portfolio. Overlaps with Cardo in public sector facilities services but operates at far greater scale and adjacent categories.

Direct peers

• Morgan Sindall Property Services: Property services division of Morgan Sindall Group providing planned and reactive maintenance to housing associations and local authorities across the UK. Directly comparable contract profile.
• Keepmoat Homes: UK housebuilder and repairs/maintenance provider with significant social housing footprint. Competes with Cardo for local authority and housing association maintenance frameworks.
• Ian Williams Ltd: UK-wide painting, repairs and maintenance contractor focused on social housing and public sector. Comparable in self-delivery model and retrofit/decarbonisation services.
• Wates Property Services: Property maintenance and improvement arm of the Wates Group, focused on social housing, public sector and commercial repairs. Directly comparable in services and contract structure to Cardo.
• Seddon Construction & Maintenance: Northwest England-based building maintenance and repairs contractor with strong presence in housing maintenance for housing associations and local authorities, closely overlapping Cardo's customer mix.
• Mears Group plc: One of the largest dedicated providers of maintenance and management services to UK social housing and public sector clients. Direct competitor for the same long-term local authority and housing association contracts Cardo pursues.
• Novus Property Solutions: UK building maintenance, refurbishment and repairs contractor operating across social housing, education, healthcare and commercial sectors. Highly comparable business model and customer base to Cardo.
• Bell Group UK: Painting, decorating and building maintenance contractor serving public sector, social housing and commercial clients across the UK. Comparable in painting/refurbishment focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/CardoGroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries8 records

Funding overview

Funding rounds1 record

Investors2 records

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

M&A9 records

Investments

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

Frequently asked questions about Cardo Group