Veriserv

What Veriserv does

L123 Limited (operated in connection with Veriserv) is a UK-based electrical and fire safety compliance services company headquartered in Dunston (Dunton), Staffordshire, founded in 2010. The company delivers three core services — Electrical Testing (Fixed Wire Testing, PAT Testing), Electrical Installation and remedial works, and Fire Maintenance — to customers ranging from single-site operators to large multi-location estates across England.

Its operating model relies on field-based, accredited engineers executing standardised compliance processes, with intelligent visit grouping and route planning to serve enterprise estates efficiently. The technology layer is process- rather than platform-led: standardised inspection workflows, transparent and accredited reporting, same-day documentation turnaround, and a dedicated client portal (l123-portal.co.uk) for documentation and ongoing service management. No proprietary software product, API, or AI component is disclosed.

L123 makes money through quote-based professional services contracts, priced per site and scope. It generates demand primarily through bottom-of-funnel direct channels — website quote requests, call-back forms, and inbound phone enquiries — and delivers services via a direct field-engineer workforce. The customer base is sector-diversified (food retail, healthcare, education, logistics, government, food service, motorway services, marine) and skewed toward enterprise accounts, though the company remains a small, privately-held, founder-owned firm with no disclosed outside funding.

Name

Veriserv

Legal name

L123 Limited

Website

https://veriserv.co.uk

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

L123 Limited is a UK-based electrical and fire safety compliance services company delivering testing, installation, and fire maintenance to multi-location enterprises across food retail, healthcare, education, logistics, government, and other sectors.

Ownership category

akta.pro rank

Headquarters

HQ city

Dunston

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Revenue model

1. Electrical Testing Services: Proactive inspection and testing of electrical systems and equipment including Fixed Wire Testing and PAT Testing to meet UK regulations and protect people
2. Electrical Installation Services: Compliant installations and remedial works completed right first time, aligned with current UK regulations
3. Fire Maintenance Services: Structured fire maintenance supporting compliance and improving system reliability

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Veriserv (operating as L123 Limited) is a UK-based electrical compliance services company that delivers proactive inspection, testing, installation, and remedial electrical services along with structured fire maintenance. Field-based engineers serve customers from single sites to large multi-location estates across sectors including retail, healthcare, education, logistics, and government. The company focuses on compliant, planned delivery aligned with UK regulations, with accredited reporting and a lean, data-driven operating model.

Product overview

L123 is an electrical compliance services company offering a unified portfolio of three core service offerings: Electrical Testing (proactive inspection and testing of electrical systems and equipment), Electrical Installation (compliant installations and remedial works), and Fire Maintenance (structured fire maintenance for compliance and system reliability). The services are delivered through skilled engineers using standardized processes, with a focus on Fixed Wire, PAT, installations, remedials, and fire maintenance delivered with clear, accredited reporting.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 100% SLA performance across all contracts
• +2 more outcomes

Named customers9 records

Segments3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• POWERNET: Smaller UK specialist in electrical testing and inspection (fixed wire testing, PAT testing) serving multi-site commercial customers; the closest size- and scope-comparable specialist to L123 in the UK market.
• RSK Group: UK-based engineering, environmental and compliance services group with a building compliance practice that includes electrical testing and fire safety, making it a directly comparable UK services consolidator.
• SOCOTEC: UK-headquartered TIC provider offering fixed wire inspection, PAT testing, fire safety and electrical compliance services directly comparable to L123's three-pillar service offering.

Broad incumbents

• Bureau Veritas: Global testing, inspection and certification (TIC) giant with a substantial UK electrical compliance and building services practice; competes for multi-site enterprise contracts in the same buyer category as L123, but as part of a much wider portfolio.
• Schneider Electric: Global electrical equipment and services giant whose UK operations include electrical installation, maintenance and compliance services; broader and product-led, but competes for the same multi-site enterprise electrical spend.
• SGS UK: Global TIC leader with a UK electrical and fire compliance practice; overlaps with L123 on inspection, testing and certification services for commercial estates, but within a much broader service portfolio.
• TÜV SÜD: International TIC organisation offering electrical and building compliance services in the UK; similar recurring-inspection commercial model, but from a much larger, multi-disciplinary platform.
• DEKRA: Global TIC and certification firm with UK electrical safety testing and inspection services; directly comparable technical scope to L123 though operating across many additional verticals.
• Intertek: International TIC group providing electrical testing, inspection and certification services to multi-site UK enterprises; comparable buyer base and compliance scope to L123 though delivered at significantly greater breadth.

Others

• Electrical Safety First: UK charity and industry body that sets and promotes electrical safety standards; not a direct competitor but shapes the regulatory and accreditation framework that L123's compliance services operate within.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/veriservltd
• Facebookfacebook.com/veriserv
• LinkedInlinkedin.com/company/veriserv

Revenue estimate

Valuation estimate

Number of profiles

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 Veriserv