In just a few years, this family-run e-commerce business has established itself as a leading supplier of electric vehicle (EV) charging cables and accessories in the UK. Since being founded in 2019, this company has gone from strength to strength, experiencing consistent growth and profitability. Their success is driven by a commitment to high-quality products and outstanding customer service, cultivating strong, long-term relationships with individual customers and prominent corporate clients.
With a strong reputation within the EV accessory market, the business is one of the UK’s largest stockists of EV cables and accessories. It is widely recognised for its extensive product range, competitive pricing, and exceptional service, earning an outstanding 4.9 Trustpilot rating from over 1,200 reviews. Serving both individual end-users and well-known corporate clients, it has built a loyal and diverse customer base. This customer-centric approach has reinforced long-standing relationships and solidified its position in a growing market.
Enduring relationships with key industry players, including automotive organisations, fleet operators, and charging infrastructure providers, are a significant benefit to the business. Its product offerings are sourced from trusted suppliers, many of whom collaborate with major car manufacturers, ensuring the highest quality and compliance with industry standards. These established partnerships provide a solid foundation for continued growth and new opportunities within the expanding EV sector.
This UK-based business is well-positioned to capitalise on the expanding EV market, with a sustained growth trajectory driven by the 2035 ban on fossil fuel vehicles. A new car registration tool that was launched this year has boosted conversion rates. Strategic partnerships with EV installers and dealerships offer additional growth avenues; ideal buyers include competitors, car parts firms, utilities, or renewable energy businesses seeking entry into the EV space or E-Commerce businesses wanting to diversify.
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2024 (Actual) | 1,740,180 | 378,862 |
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