INSIGHTS - NOVEMBER 2024

UK Electrical Equipment Industry

UK Electrical Equipment Industry Information

The electrical equipment industry manufactures products that generate, distribute and use electrical power such as electric motors, generators, transformers, electricity distribution and control apparatus, electrical lighting, signalling equipment and electric household appliances.

Active Businesses

4,734

Annual Sales

£26bn +

Employees

109,708

Economic Contribution 

£9bn

Tags

Location of Electrical Equipment Companies

Electrical Equipment Companies by Size

49% Micro

35% Small

10% Mid

4% Large

1% Mega

Largest Electrical Equipment Companies
Turnover
Volex Plc
£690.9m
Electrical Equipment Companies by Age

40% Mature

24% Established

19% Young

15% Startup

2% New

Fastest Growing Electrical Equipment Companies

35% Declining

24% Healthy

15% High

15% Rapid

11% Low

Fastest Growing Electrical Equipment Companies
3yr CAGR

Electrical Equipment Industry Competitive Environment - New Entrants vs Leavers

Electrical Equipment Industry Valuation

EBITDA Multiple

Data only available to Pomanda Pro subscribers.

Electrical Equipment Industry Valuation

Turnover Multiple

Data only available to Pomanda Pro subscribers.

Electrical Equipment Industry Valuation

Net Asset Multiple

Data only available to Pomanda Pro subscribers.

Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
UK Manufacture of electrical equipment Industry Insights

There are 4,734 active Businesses in the UK with combined annual sales of £26 billion .

The Industry employs around 109,708 people and contributes £9 billion to the economy.

The most popular location for Electrical Equipment companies is South East England with 874 and the fewest are located in Northern Ireland with 103.

The largest Electrical Equipment company is Dyson Technology Limited with a turnover of £5.1bn. 49% of the industry is comprised of Micro companies with only 10% Mid companies.

15% of the Electrical Equipment Industry is made up of 15% Startup but the majority are Mature businesses (40%) the oldest company is Lucy Group Ltd founded in 1897.

Electrical Equipment industry has a number of high growth companies (15%), the fastest growing company is Sungrow Power Uk Limited with a 3 year growth rate of 170%. Other fast growing companies include Eu Kabel Ltd (155%), Swire Renewable Energy Limited (100%) and Yasa Limited (91%).

The UK Electrical Equipment Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 10.81x, Turnover multiple of 1.50x and a Net Asset multiple of 2.26x.