INSIGHTS - DECEMBER 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

4,687

Annual Sales

£26bn +

Employees

107,379

Economic Contribution 

£9bn

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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

41% Mature

25% Established

21% Young

13% Startup

Fastest Growing Electrical Equipment Companies

33% Declining

26% 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 4,687 active Businesses in the UK with combined annual sales of  £26 billion .

The Industry employs around 107,379 people and contributes £9 billion to the economy.

The most popular location for Electrical Equipment companies is South East England with 862 and the fewest are located in Northern Ireland with 102.

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.

21% of the Electrical Equipment Industry is made up of 21% Young but the majority are Mature businesses (41%) 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 Swire Renewable Energy Limited (100%), Yasa Limited (91%) and Ccl Components Ltd. (85%).

The UK Electrical Equipment Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 10.83x, Turnover multiple of 1.44x and a Net Asset multiple of 2.25x.