REXEL UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-06 (in 10mo)
Last made up 2026-02-20
Watchouts
None on the register
Cash
£149K
-98.5% vs 2023
Net assets
£112M
-32.3% vs 2023
Employees
2,330
-6.4% vs 2023
Profit before tax
-£38M
-286.6% vs 2023
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
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £705,134,000 | £665,361,000 | |
| Operating profit | £1,114,000 | -£25,506,000 | |
| Profit before tax | -£9,730,000 | -£37,612,000 | |
| Net profit | -£9,730,000 | -£62,037,000 | |
| Cash | £9,690,000 | £149,000 | |
| Total assets less current liabilities | £215,134,000 | £119,299,000 | |
| Net assets | £165,973,000 | £112,440,000 | |
| Equity | £165,973,000 | £112,440,000 | |
| Average employees | 2,490 | 2,330 | |
| Wages | £85,121,000 | £83,666,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 0.2% | -3.8% | |
| Net margin | -1.4% | -9.3% | |
| Return on capital employed | 0.5% | -21.4% | |
| Current ratio | 1.55x | 1.25x | |
| Interest cover | 0.06x | -1.41x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors prepared trading and cash flow forecasts for the 18-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
- “In 2024 Rexel UK generated sales revenue of £665,361,000 a decrease of £39,773,000 on 2023. Sales volumes have been principally impacted by stagnant market conditions and a reduction in one-off projects.”
- “In 2024 Rexel UK continued to progress the mobilisation of the Aylesbury Distribution Centre, successfully completing a full branch roll out. The Distribution Centre continues to represent a comprehensive transformation of Rexel UK's offer to market, improving both proposition and servicing to our customers and is expected to generate significant sales and profit growth for the Company.”
- “Exceptional operating expenses during 2024 primarily relate to a restructuring project. The project represents a comprehensive reorganisation of Rexel UK, to improve efficiency in our service offer to market, and is underpinned by the continued focus to ensure the needs of our customers are at the forefront.”
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 269 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 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 | |
| 2021-09-05 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 1
- 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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-5.6%
£705,134,000 £665,361,000
-
Cash
-98.5%
£9,690,000 £149,000
-
Net assets
-32.3%
£165,973,000 £112,440,000
-
Employees
-6.4%
2,490 2,330
-
Operating profit
-2,389.6%
£1,114,000 -£25,506,000
-
Profit before tax
-286.6%
-£9,730,000 -£37,612,000
-
Wages
-1.7%
£85,121,000 £83,666,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers