recite me

The Sureserve Group is pleased to announce that K&T Heating has successfully secured a long-term Domestic Gas Servicing, Repair and Installation contract with Tower Hamlets Homes. The contract term is capped at 10 years, commencing on 1st April 2022 and is expected to generate sales revenue of £20 million over the entirety of the contract term. Tower Hamlets Homes is an Arm's Length Management Organisation delivering housing support services to over 11,500 tenanted homes on behalf of The London Borough of Tower Hamlets.  

This order complements Sureserve Group's recent full year announcement on 25 January 2022, detailing a £527.1m order book at the start of Sureserve's current financial year, which provides the Group with long-term visibility of earnings. 

David Greenfield, Managing Director at K&T Heating Services, said: 

"K&T Heating has maintained a long and respected history of working within East London and to be able to expand upon an already strong geographical presence is an exciting opportunity for us all.  The London Borough of Tower Hamlets is a highly populated and culturally diverse Borough, whose communities are helping to shape the modern society we all live in.  During our early business years, K&T Heating delivered Gas Safety and Repair Services across the Borough and it fills me with pride that we have been awarded this opportunity to service these communities once again". 

Will Manning, Asset Management Director at Tower Hamlets Homes, said:

"We are confident that selecting K&T Heating as our partner will bring the high-quality service our residents deserve, and we look forward to working closely with them. In addition to repairs and maintenance, we are both committed to providing added value, such as apprenticeships, training, work experience placements and other projects that support the community".

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