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20th Feb 2013

B.I. Electrical named top 50 fastest growing UK Electrical Contractors

A new report by world renowned Plimsoll reporting system has identified B.I. Electrical Services as one of the fastest growing electrical contractors in the UK, it was announced today.

The report entitled “UK Electrical Contractors - An Industry Overview” analysed the performance of 1,000 UK electrical contractors and its findings reveal further evidence of B.I. Electrical Services as a market leader.  The reports key findings include:

  • B.I. Electrical Services named as number 4 in the top 50 best trading partners in the UK Electrical Contractors industry recording a 50% increase in sales in the last year.
  • B.I. Electrical Services named as number 24 in the top 50 companies actual gross profit (rising).
  • B.I. Electrical Services named as number 13 in the UK’s top performing companies with the best pre-tax profit margin.
  • B.I. Electrical Services named number 24 in the top 50 companies with rising actual gross profit.

Ian Humphrey’s, founder and managing director of B.I. Electrical Services said that the report findings confirmed its position as a one of the highest performing electrical engineering companies in the UK. He said:

“Looking back over the past two decades, the business has really flourished and today we are growing, increasing sales year on year, even in these tough economic times. It’s because of our enduring values - of quality workmanship and high levels of customer service – this brings repeat business and attracts new clients. Due to this we have been able to develop a thriving business which is now expanding internationally due to our financial strength.”

Plimsoll Analysis are experts in the field of company and industry financial analysis providing an independent analysis of companies throughout the UK.