49% Micro
35% Small
10% Mid
4% Large
1% Mega
INSIGHTS - OCTOBER 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
4,726
Annual Sales
£26bn +
Employees
110,116
Economic Contribution
£9bn
Tags
Location of Electrical Equipment Companies
Electrical Equipment Companies by Size
Largest Electrical Equipment Companies
Turnover
Dyson Technology Limited
£5.1bn
Schneider Electric Limited
£852.6m
Volex Plc
£690.9m
Electrical Equipment Companies by Age
40% Mature
24% Established
20% Young
15% Startup
2% New
Oldest Electrical Equipment Companies
Established
Lucy Group Ltd
1897
Fastest Growing Electrical Equipment Companies
35% Declining
24% Healthy
15% Rapid
14% High
11% Low
Electrical Equipment Industry Competitive Environment - New Entrants vs Leavers
Electrical Equipment Industry Valuation
EBITDA Multiple
Electrical Equipment Industry Valuation
Turnover Multiple
Electrical Equipment Industry Valuation
Net Asset Multiple
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 4,726 active Businesses in the UK with combined annual sales of £26 billion .
The Industry employs around 110,115 people and contributes £9 billion to the economy.
The most popular location for Electrical Equipment companies is South East England with 872 and the fewest are located in Northern Ireland with 104.
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 (14%), 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 11.03x, Turnover multiple of 1.45x and a Net Asset multiple of 2.28x.
