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 4 BOSTON ROAD,LEICESTER,ENGLAND,LE4 1AU.

How many employees does Marks Electrical have?

As of Jul 31, 2026, the latest employee count at Marks Electrical is 90.

Is Marks Electrical a funded company?

Marks Electrical is a funded company, having raised a total of $***** in its 1st and only funding round, a Post IPO round on Nov 26, 2024.

When was the latest funding round of Marks Electrical?

Marks Electrical's latest funding was a $***** Post IPO round on Nov 26, 2024, with participation from 1 investor. Its primary sector is Consumer Electronics E-Commerce. Globally, the Consumer Electronics E-Commerce sector has seen $944M in funding in 2026 to date.

Where does Marks Electrical rank among its competitors?

Marks Electrical ranks 1st amongst 4 active competitors, none of which are funded.

Who are the top competitors of Marks Electrical?

Marks Electrical's top competitors include Renew 2 U, Santando and Quaytelevision. Among them, Marks Electrical secured the most recent funding round in November, 2024.

Marks Electrical - 2026 Company Profile, Funding, Competitors & Financials

Marks Electrical is a public company based in Leicester (United Kingdom), founded in 1987. It operates as an Online retailer of large and small appliances, TVs, and taps. Marks Electrical has raised an undisclosed amount in funding. The company has 4 active competitors, including 1 that has exited. Its top competitors include companies like Renew 2 U, Santando and Quaytelevision.

Company Details

Online retailer of large and small appliances, TVs, and taps. They provide various laundry, cooking, and dishwashing machines. Refrigeration products such as freezers, refrigerators, and wine coolers are available. The business also offers televisions, sound bars, and furniture. Small appliances such as coffee machines, food processors, and kettles are offered.

Website: markselectrical.co.uk
Registered Address: 4 BOSTON ROAD,LEICESTER,ENGLAND,LE4 1AU

Key Metrics

Founded Year

1987

Location

Leicester, United Kingdom

Stage

Public

Latest Funding Round

Post IPO, Nov 26, 2024, $*****

Investors

Frasers Group

Ranked

1^st among 4 active competitors

Employee Count

90 as on Jul 31, 2026

Similar Companies

Matrix Distributor & 135 more

Exit Details

Public

View Marks Electrical's full profile

Marks Electrical is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MARK ELECTRICAL LIMITED CIN: 10350527 , United Kingdom, Active	Aug 29, 2016	-	-
MARKS ELECTRICAL GROUP PLC CIN: 4463433 , United Kingdom, Active	Dec 31, 1986	£50M - £100M (As on Mar 31, 2022)	157 (As on Mar 31, 2022)

Marks Electrical got listed on Nov 05, 2021.

Click here to take a look at Marks Electrical's IPO in detail

Marks Electrical has raised funding over 1 round. Its latest funding round was a Post IPO round on Nov 26, 2024 for $*****. 1 investor participated in its latest round. Marks Electrical has 1 institutional investor.

Here is the list of recent funding rounds of Marks Electrical:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 26, 2024	6589130	Post IPO	1667619	6836139	2322844	1001549

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View details of Marks Electrical's funding rounds and investors

Marks Electrical's employee count trend

Marks Electrical has 90 employees as of Jul 26. Here is Marks Electrical's employee count trend over the years:

Employee count trend for Marks Electrical

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Top competitors of Marks Electrical include Renew 2 U, Santando and Quaytelevision. Here is the list of Top 10 competitors of Marks Electrical, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Marks Electrical 1987, Leicester (United Kingdom), Public	Online retailer of large and small appliances, TVs, and taps	-	Frasers Group	40/100
2nd	Renew 2 U 2023, Gateshead (United Kingdom), Unfunded	Online retailer of refurbished appliances, including washing, cooling, and cooking	-	-	16/100
3rd	Santando London (United Kingdom), Unfunded	Retailer of consumer electronics, appliances, computer hardware, and related accessories	-	-	16/100
4th	Quaytelevision United Kingdom, Unfunded	Retailer of home appliances, consumer electronics, and associated installation services	-	-	16/100
5th	Sniff4 2004, United Kingdom, Deadpooled	Online retail platform offering home appliances	-	-	15/100
6th	Beauty Tech 2022, Harrogate (United Kingdom), Deadpooled	Online retailer offering multi-category beauty appliances	-	-	15/100
7th	Tech-Planet 2020, Long Stratton (United Kingdom), Deadpooled	Online retailer offering multi-category smart home appliances	-	-	14/100