NIPS

Mutli-sided platforms have shown tremendous success because 

of their lean operating models, strong margins, high growth 

rates and opportunity to create a tremendous amount of 

unique market value. NIPS Limited, National Interior Property 

Serviced Limited (SC466683) is a start-up market that connects 

domestic household customers needing a contractor, with 

independent contractors and suppliers. NIPS delivers a unique 

approach to this model by providing a flat rate quote that is 

constant through the UK and only using fully vetted tradesmen. 

The product consists of a website with powerful back-end development and a simple user interface 

that helps independent contractors acquire more customers. It will deliver more jobs to 

independent contractors and suppliers of contractor materials by driving enormous amounts of 

traffic to the website and enabling visitors to receive a flat rate quote for every type of internal 

construction work. Consumers search the Internet and request individual quotes with high costs of 

searching and the risk of not considering all potential opportunities. The website, therefore, 

facilitates the search process for a contractor and brings them to the contractor exactly during the 

search phase of the consumer decision process.

EXECUTIVE SUMMARY

PRODUCT & SERVICE SUMMARY

EXECUTIVE SUMMARY

The current industry revenue for the 

residential building industry in the 

UK is valued at £39bn with total 

employees within the industry of 

237,496 and 28,465 firms. Within 

this industry, approximately 50% of 

revenues to come from new home 

construction, however most 

employment comes from 

renovating and remodeling existing 

Completions

Starts

Figure 2: Trends in start and completions, England, 12 months rolling totals

200,000
180,000
160,000
140,000
120,000
100,000
80,000
60,000
40,000
20,000

2001-02

 

2002-03

2003-04

2004-05

2005-06

2006-07

2007-08

2008-09

2009-10

2010-11

2011-12

buildings. The key demographic customer includes small firms and independent contractors, particularly 

those within the renovation and remodeling segment. Domestic homeowners in the UK, constitute the 

other side of the market to supply contractors with steady and reliable leads. New home construction has 

declined since the recession as well, likely with remodeling as well. While this is expected to increase with 

the economy within the Eurozone, it does leave an initial 

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435 765 8799

www.nips.com