INSIGHTS - APRIL 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

4,641

Annual Sales

£25bn +

Employees

106,644

Economic Contribution 

£8bn

Tags

Location of Electrical Equipment Companies

Electrical Equipment Companies by Size

50% Micro

35% Small

10% Mid

4% Large

1% Mega

Electrical Equipment Companies by Age

41% Mature

24% Established

20% Young

14% Startup

0% New

Fastest Growing Electrical Equipment Companies

38% Declining

23% Healthy

14% Rapid

13% High

13% Low

Fastest Growing Electrical Equipment Companies
3yr CAGR

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 4,641 active Businesses in the UK with combined annual sales of £25 billion .

The Industry employs around 106,643 people and contributes £8 billion to the economy.

The most popular location for Electrical Equipment companies is South East England with 869 and the fewest are located in Northern Ireland with 100.

The largest Electrical Equipment company is Dyson Technology Limited with a turnover of £5.6bn. 50% of the industry is comprised of Micro companies with only 10% Mid companies.

14% of the Electrical Equipment Industry is made up of 14% Startup 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 (13%), the fastest growing company is Eu Kabel Ltd with a 3 year growth rate of 155%. Other fast growing companies include Ccl Components Ltd. (72%), Pod Point Limited (71%) and Prolectric Services Limited (69%).

The UK Electrical Equipment Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 12.21x, Turnover multiple of 1.54x and a Net Asset multiple of 2.43x.