INSIGHTS - NOVEMBER 2024

UK Machinery Industry

UK Machinery Industry Information

The machinery industry includes the manufacture of general and special purpose machinery such as engines, fluid power equipment, pumps and compressors, bearings, gears and driving elements, lifting and handling equipment, office machinery and power-driven hand tools.

Active Businesses

8,003

Annual Sales

£64bn +

Employees

223,944

Economic Contribution 

£20bn

Tags

Location of Machinery Companies

Machinery Companies by Size

42% Micro

42% Small

11% Mid

5% Large

1% Mega

Largest Machinery Companies
Turnover
Machinery Companies by Age

50% Mature

24% Established

14% Young

10% Startup

1% New

Fastest Growing Machinery Companies

36% Declining

27% Healthy

15% High

12% Low

10% Rapid

Machinery Industry Competitive Environment - New Entrants vs Leavers

Machinery Industry Valuation

EBITDA Multiple

Data only available to Pomanda Pro subscribers.

Machinery Industry Valuation

Turnover Multiple

Data only available to Pomanda Pro subscribers.

Machinery 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 machinery and equipment n.e.c. Industry Insights

There are 8,003 active Businesses in the UK with combined annual sales of £64 billion .

The Industry employs around 223,943 people and contributes £20 billion to the economy.

The most popular location for Machinery companies is South East England with 1,112 and the fewest are located in North East England with 253.

The largest Machinery company is Rolls-royce Plc with a turnover of £16.5bn. 42% of the industry is comprised of Micro companies with only 11% Mid companies.

10% of the Machinery Industry is made up of 10% Startup but the majority are Mature businesses (50%) the oldest company is Godiva Limited founded in 1878.

Machinery industry has a number of high growth companies (12%), the fastest growing company is Wartsila Water Systems Limited with a 3 year growth rate of 217%. Other fast growing companies include Jcb Access Limited (176%), Vestas Offshore Wind Uk Ltd (173%) and Cibes Lift Uk Limited (114%).

The UK Machinery Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 10.73x, Turnover multiple of 1.53x and a Net Asset multiple of 2.49x.