Utility Bidder Limited
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
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2024 | £22.7m | ▲ +15.4% | £1.3m | 138 | £9.8m |
| 31 Dec 2023 | £19.7m | ▲ +33.7% | -£955k | 136 | £8.7m |
| 31 Dec 2022 | £14.7m | ▼ -0.2% | £1.8m | 115 | £9.6m |
| 31 Dec 2021 | £14.8m | ▲ +14.3% | -£1.6m | 110 | £8.0m |
| 1 Jan 2021 | £12.9m | — | -£1.4m | 120 | £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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