Rexel UK Ltd Company Profile

Background

Rexel UK Ltd, a subsidiary of the global electrical distribution leader Rexel S.A., specializes in the distribution of electrical products and services across the United Kingdom. With a history spanning over a century, the company has evolved through strategic acquisitions and rebranding efforts, consolidating various brands such as Newey & Eyre, WF Senate, Wilts Electrical, Ross Electrical, and Parker Merchanting under the Rexel name. This unification has enhanced its product offerings and service capabilities, solidifying its position as a trusted partner for electrical contractors and businesses nationwide.

Key Strategic Focus

Rexel UK is committed to providing a comprehensive range of sustainable and innovative electrical products, services, and solutions. The company's strategic objectives include:

• Product Diversification: Offering an extensive selection of electrical products, including cables, lighting, industrial automation, building management systems, and renewable energy solutions.

• Customer-Centric Services: Ensuring unparalleled stock availability, same-day or next-day deliveries, and multi-channel service access to meet diverse customer needs.

• Sustainability Initiatives: Promoting energy efficiency and renewable energy solutions, such as electric vehicle charging infrastructure and energy management systems.

• Technological Integration: Leveraging digital platforms to enhance customer experience and streamline operations.

The company serves a broad spectrum of sectors, including small to medium installers, large electrical installers, facilities management, industrial energy specialists, maintenance, repair and operations (MRO), commercial enterprises, and the public sector.

Financials and Funding

As of the fiscal year ending December 31, 2023, Rexel UK reported:

• Turnover: £705.13 million, marking a 2% increase from the previous year.

• Gross Profit: £173 million, reflecting an 18.1% increase.

• Net Assets: £165.97 million, a 6% decrease from the prior year.

• Total Assets: £492.15 million.

• Total Liabilities: £326.18 million.

• Employee Count: Approximately 2,370, a 4% decrease from the previous year.

These figures underscore Rexel UK's robust financial health and its capacity to invest in growth and innovation.

Technological Platform and Innovation

Rexel UK distinguishes itself through several proprietary technologies and innovative methodologies:

• Digital Solutions: The company has developed customer-oriented digital platforms, such as Esabora, offering administrative, commercial, and technical assistance, including 3D blueprints and Building Information Modeling (BIM).

• Smart Home Solutions: Rexel provides multi-protocol and multi-brand smart home solutions, enhancing building automation and energy management.

• Energy Efficiency Products: The company offers low-consumption solutions, including high-efficiency motors and products utilizing renewable energies like solar and wind.

These innovations position Rexel UK at the forefront of the electrical distribution industry, catering to the evolving needs of modern infrastructure.

Leadership Team

As of March 2025, Rexel UK's leadership comprises:

• Ciaran Foley: Appointed as CEO in September 2024, bringing extensive experience in the electrical distribution sector.

• Ufuk Hasan: Appointed as CFO in September 2024, with a strong background in financial management within the industry.

These appointments reflect Rexel UK's commitment to strong leadership and strategic growth.

Competitor Profile

Market Insights and Dynamics

The UK electrical wholesale market is characterized by steady growth, driven by increasing demand for energy-efficient solutions, smart technologies, and renewable energy products. The market is competitive, with several key players vying for market share.

Competitor Analysis

Rexel UK's primary competitors include:

• Edmundson Electrical: The largest electrical distributor in the UK, serving both trade and public from over 300 locations.

• City Electrical Factors (CEF): With over 60 years of experience, CEF offers a wide range of electrical products and has a significant presence across the UK.

• TLC Electrical: Known for its extensive inventory and technical expertise, TLC Electrical serves a broad customer base with a focus on quality and affordability.

These competitors offer similar product ranges and services, making the market highly competitive.

Strategic Collaborations and Partnerships

Rexel UK has engaged in strategic collaborations to enhance its market position and service offerings:

• Brand Consolidation: By unifying various brands under the Rexel name, the company has streamlined operations and improved customer experience.

• Supplier Partnerships: Rexel UK collaborates with leading suppliers to ensure a diverse and high-quality product portfolio.

These partnerships enable Rexel UK to offer comprehensive solutions and maintain a competitive edge.

Operational Insights

Rexel UK's strategic considerations include:

• Nationwide Presence: With over 200 branches across the UK, Rexel ensures accessibility and prompt service delivery.

• Robust Supply Chain: A strong logistics operation with a fleet of 500 vehicles ensures reliable and flexible service.