Utility Bidder Limited

Active06954978Admin & support servicesIncorporated 7 Jul 2009 · London

The principal activity of the Group is to provide small and medium sized enterprises (“SMEs”) with comparison, switching and intermediary services for utilities and other services. These services are provided either directly by our own sales agents or through our sub broker channel for whom we act as an aggregator. Utility Bidder is one of the UK's leading providers and, over the period, has continued its growth, with more customers using its services. The growth in the business has been achieved through;

Revenue

£22.7m

▲ +15.4% vs prior ~12m period

Profit after tax

£1.1m

Margin 5.7%

Employees

138

▲ +1.5% vs prior ~12m period

Net assets

£9.8m

Total assets £15.6m

Financial history

Revenue by accounting period

6 periods available · ▲ growth ▼ decline

Jan 2020
Not available
Jan 2021
£12.9m
Dec 2021
£14.8m▲ +14.3%
Dec 2022
£14.7m▼ -0.2%
Dec 2023
£19.7m▲ +33.7%
Dec 2024
£22.7m▲ +15.4%
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Dec 2024£22.7m▲ +15.4%£1.3m138£9.8m
31 Dec 2023£19.7m▲ +33.7%-£955k136£8.7m
31 Dec 2022£14.7m▼ -0.2%£1.8m115£9.6m
31 Dec 2021£14.8m▲ +14.3%-£1.6m110£8.0m
1 Jan 2021£12.9m—-£1.4m120£9.4m
1 Jan 2020————£10.5m

Latest available figures

Period ending 31 Dec 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

Profit & loss

Revenue
£22.7m
Gross profit
£11.9m
Operating profit
£1.3m
Profit before tax
£1.3m
Profit after tax
£1.1m

Balance sheet

Total assets
£15.6m
Cash
£3.9m
Total liabilities
£5.8m
Net assets
£9.8m
Revenue per employee
£165k

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