BI Electrical Services

B.I. Electrical Services was founded back in 1989 in Belfast, a city with a rich heritage of famous engineering innovations like the Titanic and creation of the first modern agricultural tractor. The company has evolved from humble beginnings into the successful enterprise it is today. Winning a steady stream of public sector tenders and private sector contracts across Northern Ireland and London the Company has grown steadily over the last two decades. It has naturally developed expertise in sectors such as education and the commercial and industrial sectors. At the same time the services provided by B.I. Electrical Services have evolved in response to customer needs which now include: Facilities Management, Electrical Contracting and Design and Build Services.

At the core of its success winning partnership between Ian Humphreys who founded the company and Andrew McClenaghan who started as an apprentice at the age of 18 and now a shareholder and its valued staff members. In 2012, the company was named as 24th fastest growing electrical contractor in the UK and fourth best UK trading partner by industry analysts Plimsoll.

Company Growth (employees)
Type
Private
HQ
Newtownabbey, GB
Founded
1989
Size (employees)
3 (est)
BI Electrical Services was founded in 1989 and is headquartered in Newtownabbey, GB

BI Electrical Services Office Locations

BI Electrical Services has offices in Newtownabbey and Shanghai
Newtownabbey, GB (HQ)
Michelin Rd
Shanghai, CN
2510 Plaza 66

BI Electrical Services Financials and Metrics

Summary Metrics

Founding Date

1989

BI Electrical Services Financials

BI Electrical Services's revenue was reported to be £11.8 m in FY, 2015 which is a 34% decrease from the previous period.
GBP

Revenue (FY, 2015)

11.8 m

Revenue growth (FY, 2014 - FY, 2015), %

(34%)

Gross profit (FY, 2015)

1.7 m

Gross profit margin (FY, 2015), %

14%

Net income (FY, 2015)

367.4 k

Cash (31-Dec-2015)

468 k
GBPFY, 2013FY, 2014FY, 2015

Revenue

16.4 m17.8 m11.8 m

Revenue growth, %

8%(34%)

Cost of goods sold

11.4 m12.6 m10.1 m

Gross profit

5.1 m5.2 m1.7 m
GBPFY, 2013FY, 2014FY, 2015

Cash

2.8 m6.4 m468 k

Accounts Receivable

5.2 m4.7 m3.9 m

Current Assets

8.6 m11.6 m4.6 m

PP&E

987 k808 k838 k
GBPFY, 2013FY, 2014FY, 2015

Cash From Operating Activities

2.8 m5.3 m642.5 k

Income Taxes Paid

(934.2 k)(878.5 k)(100.9 k)
Y, 2015

Financial Leverage

1.2 x
Show all financial metrics

Traffic Overview of BI Electrical Services

BI Electrical Services Company Life and Culture

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