REXEL UK LIMITED
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Cash
£11m
+7,509.4% highest in 3 filed years
Net assets
£65m
-42.6% lowest in 3 filed years
Employees
2,072
-11.1% lowest in 3 filed years
Profit before tax
-£40m
-5.2% lowest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £705,134,000 | £665,361,000 | £588,956,000 | -11.5% | |
| Operating profit | £1,114,000 | -£25,506,000 | -£24,817,000 | +2.7% | |
| Profit before tax | -£9,730,000 | -£37,612,000 | -£39,563,000 | -5.2% | |
| Net profit | -£9,730,000 | -£62,037,000 | -£39,563,000 | +36.2% | |
| Cash | £9,690,000 | £149,000 | £11,338,000 | +7,509.4% | |
| Total assets less current liabilities | £215,134,000 | £119,299,000 | £118,408,000 | -0.7% | |
| Net assets | £165,973,000 | £112,440,000 | £64,548,000 | -42.6% | |
| Equity | £165,973,000 | £112,440,000 | £64,548,000 | -42.6% | |
| Average employees | 2,490 | 2,330 | 2,072 | -11.1% | |
| Wages | £85,121,000 | £83,666,000 | £76,247,000 | -8.9% | |
| Directors' remuneration | £921,000 | £788,000 | £705,000 | -10.5% | |
| Directors' pension contributions | £11,000 | £21,000 | £47,000 | +123.8% | |
| Highest paid director | £595,000 | £345,000 | £539,000 | +56.2% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 0.2% | -3.8% | -4.2% | |
| Net margin | -1.4% | -9.3% | -6.7% | |
| Return on capital employed | 0.5% | -21.4% | -21.0% | |
| Gearing (liabilities / total assets) | 66.3% | 68.4% | 80.5% | |
| Current ratio | 1.55x | 1.25x | 1.03x | |
| Interest cover | 0.06x | -1.41x | -1.50x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 3 times since incorporation
- REXEL UK LIMITED 2009-01-30 → present
- HAGEMEYER (UK) LIMITED 2000-01-07 → 2009-01-30
- NEWEY & EYRE GROUP LIMITED 1984-02-17 → 2000-01-07
- WELLCO ELECTRIC LIMITED 1947-05-08 → 1984-02-17
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors prepare trading and cash flow forecasts for the 12-month period from the date of approval of these financial statements which demonstrate that the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future.”
Group structure
- REXEL UK LIMITED · parent
- Clearlight Electrical Company Limited 100%
- Denmans Electrical Wholesalers Limited 100%
- Newey & Eyre Limited 100%
- Parker Merchanting Limited 100%
- Rexel UK Pension Trustees Limited 100%
- Warrior (1979) Limited 100%
- WF Electrical Limited 100%
Significant events
- “On 1 December 2025 Parker Merchanting Limited was placed into members voluntary liquidation with final dissolution of the Company taking place on 2 March 2026.”
- “First time adoption of amendments to FRS 102 'Periodic review 2024', early adopting Section 20 Leases (on balance-sheet model) and Section 23 Revenue from Contracts.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 43 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TRAIN, Toby James | Secretary | 2010-05-24 | — | — |
| FOLEY, Ciaran | Director | 2024-09-01 | May 1986 | Irish |
| HASAN, Ufuk | Director | 2024-09-01 | May 1987 | British |
| HOUET, Sebastien | Director | 2016-07-07 | May 1967 | French |
| MOREAU, Thomas | Director | 2025-05-01 | Mar 1977 | French |
Show 43 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FORRESTER, Andrew John | Secretary | 2003-05-06 | 2005-01-17 |
| HAYWOOD, Timothy Paul | Secretary | 1999-03-12 | 2003-03-28 |
| MULLEN, Kenneth John | Secretary | 2005-01-17 | 2007-06-12 |
| PASSMAN, Jonathan Richard | Secretary | 2007-06-12 | 2009-04-03 |
| SABIN, Douglas Harold | Secretary | — | 1999-03-12 |
| APONTE, Edgar | Director | 2020-02-03 | 2024-09-01 |
| BERARD, Patrick Louis Jean | Director | 2015-04-28 | 2016-12-12 |
| BROCKETT, Jon Richard | Director | — | 1996-08-31 |
| BURR, Anthony Hugh | Director | 1993-10-04 | 2003-04-01 |
| COOPER, Michael Robert | Director | 1997-05-21 | 1998-03-31 |
| CROXSON, Neil Michael | Director | 2008-08-01 | 2015-04-28 |
| DE BECKER, Rudi | Director | 2005-09-30 | 2005-12-01 |
| DE GRAAF, Hendrik Jacobus | Director | 1996-08-31 | 1997-05-21 |
| DELABARRE, Laurent | Director | 2010-07-20 | 2012-09-14 |
| DUTOUR, Benoit | Director | 2010-07-20 | 2014-07-31 |
| ELSMORE, Robert John | Director | — | 1993-10-04 |
| FAVRE, Michel | Director | 2010-01-15 | 2012-09-14 |
| FORRESTER, Andrew John | Director | 2003-05-06 | 2005-05-30 |
| FRASER, Angus Maclean | Director | 2003-04-01 | 2005-01-14 |
| GILL, Robert John | Director | 2012-04-26 | 2017-05-30 |
| HAMMERSCHMID, Thomas | Director | 2006-07-01 | 2008-07-31 |
| HAUW, Mattieu Georges Denis | Director | 2009-02-23 | 2010-01-15 |
| HAYWOOD, Timothy Paul | Director | 1998-09-01 | 2003-03-28 |
| HOGAN, John Christopher James | Director | 2005-12-01 | 2019-12-01 |
| HUDSON, John Swanston | Director | 1997-05-21 | 2000-12-31 |
| LARROUMET, Mathieu | Director | 2016-12-12 | 2018-03-28 |
| LASCHKAR, Henri-Paul | Director | 2009-02-23 | 2015-04-28 |
| LEEK, Marcus | Director | 2017-05-30 | 2024-09-16 |
| MCDANIEL, Anthony Richard | Director | 2009-02-23 | 2013-07-22 |
| NICHOLS, Matt Ward, Mr. | Director | 1997-05-21 | 2004-02-01 |
| PASSMAN, Jonathan Richard | Director | 2007-06-12 | 2007-06-12 |
| PATTINSON, Laurence William | Director | 2011-03-17 | 2012-06-29 |
| PROVOOST, Rudy Serafien | Director | 2012-03-31 | 2016-06-30 |
| ROSE, Richard Sidney | Director | 2001-01-01 | 2001-08-31 |
| SHARKEY, Katharine Lindsey | Director | 2019-12-01 | 2022-03-16 |
| SMITHERS, Brian | Director | 2011-03-17 | 2015-09-30 |
| STEPHENSON, Peter | Director | 2000-01-04 | 2003-08-08 |
| STOYEL, Rodney | Director | 2005-01-17 | 2005-08-03 |
| THIERRY, Sebastien Roger Rene | Director | 2015-02-24 | 2021-12-27 |
| THOMAS, Alun Martin | Director | 2001-09-10 | 2003-09-17 |
| WOUTERSE, Alexander Jan | Director | 2005-05-30 | 2006-06-30 |
| WRIGHT, Nathalie | Director | 2018-11-01 | 2019-12-01 |
| YOUNG, Brian Henry | Director | — | 1992-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Rexel Developpement S.A.S. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-11-15 | Active |
| Rexel Uk Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-06-30 | Ceased 2021-11-15 |
Filing timeline
Last 20 of 270 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-29 | AA | accounts | Accounts with accounts type full | |
| 2026-02-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-04 | AA | accounts | Accounts with accounts type full | |
| 2025-06-24 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-30 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-20 | AA | accounts | Accounts with accounts type full | |
| 2024-09-16 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-18 | AA | accounts | Accounts with accounts type full | |
| 2023-03-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-06 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2022-04-27 | AA | accounts | Accounts with accounts type full | |
| 2022-03-22 | TM01 | officers | Termination director company with name termination date | |
| 2022-03-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-14 | TM01 | officers | Termination director company with name termination date | |
| 2021-11-30 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-11-30 | PSC07 | persons-with-significant-control | Cessation of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.