About Marks Electrical
Marks Electrical is a company based in Leicester (United Kingdom) founded in 1987.. The company has 250 employees as of March 31, 2024. Marks Electrical offers products and services including Washing Machines, Refrigerators, Televisions, Cooker Hoods, and Coffee Machines. Marks Electrical operates in a competitive market with competitors including Newegg, Ebuyer, Bidoo, Target Components and Jarvis Tech, among others.
- Headquarter Leicester, United Kingdom
- Employees 250 as on 31 Mar, 2024
- Stage Public
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Marks Electrical Group Plc
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Annual Revenue
$151.71 M (USD)2.55as on Mar 31, 2025
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Net Profit
$-1.86 M (USD)-438.17as on Mar 31, 2025
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EBITDA
$4.22 M (USD)-34.75as on Mar 31, 2025
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Latest Funding Round
$3.77 M (USD), Post-IPO
Nov 26, 2024
- Investors
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Employee Count
250
as on Mar 31, 2024
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IPO & Listings of Marks Electrical
Marks Electrical is a publicly listed company on the LSE with ticker symbol MRK in UK, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Marks Electrical
Marks Electrical offers a comprehensive portfolio of products and services, including Washing Machines, Refrigerators, Televisions, Cooker Hoods, and Coffee Machines. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Appliances for efficient clothes cleaning and drying.
Units for storing and preserving food items.
Devices for watching programs and streaming content.
Extractors for removing smoke and odors in kitchens.
Machines for brewing coffee and other beverages.
Funding Insights of Marks Electrical
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $3.8M
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First Round
First Round
(26 Nov 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Post-IPO - Marks Electrical | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Marks Electrical
Marks Electrical has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Frasers Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Retailer of sports products
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Marks Electrical
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Marks Electrical
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Marks Electrical Comparisons
Competitors of Marks Electrical
Marks Electrical operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Newegg, Ebuyer, Bidoo, Target Components and Jarvis Tech, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-category electronic products are sold via an online marketplace.
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| domain | founded_year | HQ Location |
Consumer electronics are retailed online throughout the United Kingdom.
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| domain | founded_year | HQ Location |
An auction platform for multi-category electronic products is provided.
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| domain | founded_year | HQ Location |
Multi-category consumer electronic products are retailed online by the company.
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| domain | founded_year | HQ Location |
Consumer electronics are retailed online by Jarvis Tech.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Marks Electrical
Frequently Asked Questions about Marks Electrical
When was Marks Electrical founded?
Marks Electrical was founded in 1987 and raised its 1st funding round 37 years after it was founded.
Where is Marks Electrical located?
Marks Electrical is headquartered in Leicester, United Kingdom. It is registered at Leicester, England, United Kingdom.
How many employees does Marks Electrical have?
As of Mar 31, 2024, the latest employee count at Marks Electrical is 250.
What is the annual revenue of Marks Electrical?
Annual revenue of Marks Electrical is $151.71M as on Mar 31, 2025.
What does Marks Electrical do?
Marks Electrical was founded in 1987 and is based in Leicester, United Kingdom. An online retail platform is operated under the domain markselectrical.co.uk, focusing on the consumer electronics and home appliances sector. A diverse catalog is maintained, encompassing items such as TVs, washing machines, refrigerators, cookers, mixer grinders, lights, juicers, coffee machines, earphones, kettles, and vacuum cleaners. Operations center on e-commerce distribution across the UK.
Who are the top competitors of Marks Electrical?
Marks Electrical's top competitors include Newegg, Ebuyer and Jarvis Tech.
What products or services does Marks Electrical offer?
Marks Electrical offers Washing Machines, Refrigerators, Televisions, Cooker Hoods, and Coffee Machines.
Is Marks Electrical publicly traded?
Yes, Marks Electrical is publicly traded on LSE under the ticker symbol MRK.
Who are Marks Electrical's investors?
Marks Electrical has 1 investor. Key investors include Frasers Group.
What is Marks Electrical's ticker symbol?
The ticker symbol of Marks Electrical is MRK on LSE.