Edmundson Electrical Explained

Edmundson Electrical Ltd
Type:Private
Location:Knutsford, Cheshire, United Kingdom
Key People:D. T. McNair
Industry:Electrical supplies
Revenue:£1,306.6 million (2019)
Operating Income:£63.5 million (2019)
Parent:Marlowe Holdings Investments Ltd
Divisions:Electric Center
Lockwell Electrical Distributors
Area Served:United Kingdom
Ireland
Owner:Blackfriars Corporation
Marshire Holdings Corp

Edmundson Electrical Ltd is a privately held electrical distribution company headquartered in Knutsford, Cheshire, incorporated in 1991.[1] It is the largest electrical distributor in the United Kingdom[2] and serves both to the trade and to the public from over 300 locations.[3] The company also serves Ireland through a subsidiary, EWL Electric Ltd,[4] as well as through mainland Europe via its sister company, Vink Holdings.

Edmundson also has significant presence in the Middle East through its associate company, Sentor Electrical,[5] [6] which operates in Dubai, Abu Dhabi, Qatar, Ajman and agents in Kuwait, Bahrain and Oman.[7]

Through a number of holding and investment companies, it is directly controlled by the Delaware registered Blackfriars Corporation (now Marshire Holdings Corporation), controlled in turn by the Colburn family as part of their global electrical and prefabricated plastics organisation.[8] [9] The company also holds a Royal Warrant.[10]

History

The company was founded in 1801 by Joshua Edmundson,[11] and developed into one of the first suppliers of electricity to being a major distributor of electrical equipment. The Edmundsons Electricity Corporation Limited was founded in 1897[12] and was a major holding company which controlled and owned many electricity suppliers in England and Wales in the first half of the twentieth century.

The company serves the United Kingdom through more than 320 branches, supplying a range of electrical items.

Acquisitions have accelerated the company's growth. The largest of these came in 2011, when the company acquired Electric Center from Wolseley plc for £40.6m.[13] [14] This added a further 90 branches to the existing Edmundson network of 250 branches, giving it significant control over the market. The deal was cleared by the Office of Fair Trading in 2012[15] after the company agreed to sell a number of branches to Abbey Cross Trading Ltd.[13]

Prior to being acquired, Electric Center achieved sales of £130m earning profits of £1.5m.[16] The company has also expanded through several smaller acquisitions, including Cable Management Centre (2008),[17] Western Electrical for £3.2m (2014),[18] and Lockwell Electrical £8.8m (2015)[19] [20] as well as Bennett & Fountain, Walsall, GA Nicholas and Specialist Lamp Distributors.[21]

According to a filing with Companies House, in October 2016, Marlow Investments Ltd changed the name to Plumbing And Heating Investments Ltd.[22] [23] In the end of 2016, the company acquired East Anglia's leading plumbing wholesaler, Plumbcity Ltd[24] [25] parent of Gallery Bathrooms Ltd, Plumbclick Ltd and Plumbclick.co.uk Ltd.

In the financial year of 2015, Plumbcity recorded revenues of £26 million. In the same month the company acquired the leading plumbers merchant in the South of England, Heating Plumbing Supplies Group Ltd[26] and its subsidiary Heating Plumbing Supplies Ltd.[26] The transaction significantly expanded the groups influence, with over 30 branches gained and revenue of more than £53 million in 2015, and adding to the pre existing presence through the East Midlands based merchant, G.B Willbond Limited.[27]

During the 2016 financial year the group acquired Cheshire Electrical Supplies Ltd, Novoplast Kunstoffen, Deutsche ADP and Oak Electrical Ltd[28] for a combined total of £83.8 million.[29]

During the 2017 financial year the business acquired Acrylics Deutschland GmbH, Adhe-Rhone, Plumbstop Ltd and Schreine Kunstoffen BV for aggregated consideration of £14.8 million.[30]

During 2018, the business acquired B&S Kunstoffverarbeitung, Access Plastics Ltd, Access Plastics Manufacturing Ltd, Plumbstore (Plumbing + Heating) Ltd, Trans European Plastics Ltd and UK Plumbing Supplies Ltd for £11.1 million.[31]

In January 2019, the company acquired Proplastik OU, Proplastic SIA and Proplastic UAB. In May, the business acquired Milbrook Distribution and Spares Ltd. In late August, the company acquired T.S. Industrial Products Ltd. On October 1, the company acquired Plumbase Ltd and at the end of October the business acquired Bathroom Centre Ltd, Gas Centre Holdings Ltd and Gas Centre Ltd. These acquisitions totalled £63.3 million in consideration.[32]

Financial information

For the year ending December 2019, total group revenue of the Parent company was £2.2 billion.

Year 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Revenue
(in millions £)
1306.6 1263.2 1263.9 1235.6 1268.4 1159.1 1093.4 1116.7 1023.0 851.7
Operating Profit
(in millions £)
63.5 63.5 62.4 59.9 71.5 65.3 56.9 63.8 55.8 54.0
As a % of revenue 4.9 5.0 4.9 4.7 5.9 5.6 5.2 5.7 5.5 6.3

Acquisitions

See also

Notes and References

  1. Web site: Edmundson Electrical Limited - Company Information - Endole.
  2. Web site: Vikram Solar collaborates with UK's largest electrical wholesaler Edmundson Electrical, British Photovoltaic Association (BPVA). BPVA.
  3. Web site: Home - Sentor Electrical.
  4. Web site: About Us :: EWL.
  5. Web site: Sentor Electrical WLL Profile - Zawya.
  6. Web site: Quick Chat: Sentor Electrical Middle East.
  7. Web site: Sentor Electrical - United Arab Emirates - Voltimum UK. 29 September 2009 .
  8. Web site: Colburn family. Forbes.
  9. Web site: Keith W. Colburn - SourceWatch.
  10. Web site: Edmundson Electrical Ltd - Royal Warrant Holders Association.
  11. Web site: Edmundson Electrical Ltd Royal Warrant Holders Association . 2023-12-24 . www.royalwarrant.org.
  12. Web site: Edmundsons' Electricity Corporation - Graces Guide . 2023-12-24 . www.gracesguide.co.uk.
  13. Web site: Edmundson's Electric Center deal set for OFT clearance. Insider Media. Ltd.
  14. Web site: Edmundson Electrical agrees to buy Electric Center from Wolseley UK. Manchester Evening. News. 12 July 2011.
  15. https://assets.publishing.service.gov.uk/media/556dd352e5274a121800000f/EdmundsonElectrical_FTD.pdf Edmundson Electirical FTD
  16. Web site: Wolseley sells Electric Center to Edmundson. 13 July 2011 .
  17. Web site: Cable Management Centre acquired by Edmundson Electrical - www.bcms.co.uk.
  18. https://assets.publishing.service.gov.uk/media/539b1103ed915d106c00000e/Edmundson-Western_Electric..pdf Edmundson Western Electric
  19. Web site: News :: Lockwell Electrical.
  20. Web site: Marlowe Holdings Investments / Lockwell Electrical Distributors merger inquiry Competition and Markets Authority case - GOV.UK. 9 March 2015 .
  21. Web site: Procurement For Housing - Edmundson Electrical.
  22. Web site: PLUMBING AND HEATING INVESTMENTS LIMITED - Filing history (free information from Companies House).
  23. Web site: Plumbing And Heating Investments Limited - Company Information - Endole.
  24. Web site: PLUMBCITY LIMITED - Filing history (free information from Companies House).
  25. Web site: About - Plumbcity.
  26. Web site: HEATING PLUMBING SUPPLIES LIMITED - Filing history (free information from Companies House).
  27. Web site: Heating Plumbing Supplies Group Ltd sale completes.
  28. Web site: Oak Electrical Distributors To Join Electric Center :: Electric Center. www.electric-center.co.uk. September 24, 2019.
  29. Web site: 2016 Financial Accounts. Companies House.
  30. https://s3.eu-west-2.amazonaws.com/document-api-images-live.ch.gov.uk/docs/tZWGbsPgfJfP4uVQIoPjN2X90QqqlxdD6Oy60KqWeGM/application-pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=ASIAWRGBDBV3LZOMDADL%2F20210423%2Feu-west-2%2Fs3%2Faws4_request&X-Amz-Date=20210423T133957Z&X-Amz-Expires=60&X-Amz-Security-Token=IQoJb3JpZ2luX2VjEGwaCWV1LXdlc3QtMiJIMEYCIQC4yDuKEPM3SzuoU3F3CZQhdt0bmP%2BOGtjdsLiArdji%2FAIhAOi%2FJYC4w0RjrSD51lsJeEAm6S9Nxc%2BDkXwYDVudlzSPKr0DCNX%2F%2F%2F%2F%2F%2F%2F%2F%2F%2FwEQAxoMNDQ5MjI5MDMyODIyIgzhDTiZQcV0dRlkfkwqkQNCqre0PvM6IMS2AINeGds3%2B7vaxh3DY1CQRg2Ljau379BK9Kg4SxCvCJdxoTOFQ3DLUnVi0yqyWbA9YHlmFC7E6M%2F0%2BOvmzGZLKWl85%2F7M%2BrDcb%2BvD0WiqKSWzlHmXj0ocdh91speieuy7VlTam3cr8%2FvMLBFAhLfFBIoOY74SCl19x%2BqXpzed1ZSCnvYasNdN7fQmrnWLFzpd0aWRHKXpnr0gWbL3YK73hI3TzqJ8j2ySKyNf7%2BbPuAUiOu0stP61tmKF7ZMqxMGkxPG3dWIDDAyJj%2FeEeryopUV0l8IcJuVMq1Il6EkGn3katiVdmdFurbhf%2Fdl5WzH1ILlPoy%2BdqjZr1zeYa2ZD0Ulc3JL70%2B0urUjaFJrD2S0mQmnv26GvsB%2B06QM5K2c1bz%2BFXWyc%2Fq%2FrhfjVLeRG%2ByjWyJ9%2BiWTVDqU7UgZPQPUyU4W6en9UeWlrKSVzJYms0%2BokozF4XUn8iahhTF%2BFTnMBirAObttRzalPzw6ZcfDNr2v%2Fbq5Totjl2qxnU30HAw6BtGOddjCk5IqEBjrqAYDM%2FlWOCt%2BaEjrg%2FWSLwtJXnWdymWT9UFu%2FLuyGeRbTiqaJ1nUE78%2Fqkg4mCeV3wv0pRs%2BhYvQIUWoKcd4KdOtkzVHjG00q1pd84NkN5NzHm1W5FYM3hjopTFYggPhSacdkNRNX6vK89rU7SzSmcCGmDPemA9r7Kl%2F%2BgFOzfWXJ%2B4G%2BMDUyxO2A%2F70pZfSgLG61WsmHEAz1nFUFWDWKa20B4Ta9rPcgH8p6%2FB5zyTaHUH%2F4qftFlzVQyQekoALwNlEuTZIQzACKiaLU3LZ58VnNAWUJTzTLtIFXgVVk%2BqddkrH6GZGlJUEZxQ%3D%3D&X-Amz-SignedHeaders=host&response-content-disposition=inline%3Bfilename%3D%22companies_house_document.pdf%22&X-Amz-Signature=fbc31d0320ec982a60020bc8587e8b236d19ec34e09863d8457dd53eab40a330 Document
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  35. Web site: Ryness sold to Marlowe Holdings.
  36. Web site: Mergers & Acquisitions 2011 - Company News Summary.
  37. Web site: CORNWALL ELECTRICAL WHOLESALERS LIMITED - Filing history (free information from Companies House).
  38. Web site: PLYMOUTH ELECTRICAL WHOLESALERS LIMITED - Filing history (free information from Companies House).
  39. Web site: EDMUNDSON DISTRIBUTION LIMITED - Filing history (free information from Companies House).
  40. Web site: Cable Management Centre acquired by Edmundson Electrical - www.bcmscorp.com.
  41. Web site: CMC Cardiff.
  42. Web site: History of Willbond - Plumbing Supplies.