Bullitt Group designs, manufactures, markets and sells mobile phones and consumer electronic products in partnership with global brands. We don’t believe one product fits all. We develop bespoke and innovative products to meet the exacting demands of every customer segment we address. And we work with Global brands they know and love to create something unique and compelling.
Reading, GB
Size (employees)
140 (est)+7%
Bullitt Group was founded in 2009 and is headquartered in Reading, GB
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Key People/Management at Bullitt Group

Richard Wharton

Richard Wharton

Co-CEO, Brands & Co-Founder
David Floyd

David Floyd

Co-CEO, Products & Co-Founder
Colin Batt

Colin Batt

Co-CEO, Operation & Co-Founder
Keith Pacey

Keith Pacey

James Austin

James Austin

Investment Director

Bullitt Group Office Locations

Bullitt Group has an office in Shenzhen Shi, Reading and Bohemia
Reading, GB (HQ)
Valpy St
Shenzhen Shi, CN
Chuang Ye Yi Lu
Bohemia, US
100 80 Orville Dr
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Bullitt Group Financials and Metrics

Summary Metrics

Founding Date


Total Funding

$5.4 m

Latest funding size

$5.40 m

Time since last funding

5 years ago


Bullitt Group's latest funding round in February 2013 was reported to be $5.4 m. In total, Bullitt Group has raised $5.4 m

Bullitt Group Financials

Bullitt Group's revenue was reported to be £104.48 m in FY, 2016

Revenue (FY, 2016)

104.5 m

Gross profit (FY, 2016)

27.2 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

(1.4 m)

EBITDA (FY, 2016)

(420.4 k)

EBIT (FY, 2016)

(664.3 k)

Cash (5-Mar-2018)

832.2 k
GBPFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


10.3 m31.5 m77.3 m76.8 m104.5 m

Revenue growth, %


Cost of goods sold

7.5 m20 m51.5 m57.2 m77.3 m

Gross profit

2.7 m11.5 m25.7 m19.6 m27.2 m
GBPFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


169.9 k1.6 m2.5 m5.7 m627.7 k832.2 k

Accounts Receivable

3.2 k38.7 k2.7 m7.8 m11.2 m11.6 m24.7 m


100.2 k241.3 k3.5 m7.3 m6.4 m

Current Assets

8.2 k541.1 k4.9 m12.3 m26.5 m30.7 m37.4 m
GBPFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

216 k2.4 m5.7 m(2.2 m)(1.4 m)

Cash From Operating Activities

(1.1 m)1.2 m5.5 m(4 m)(2.7 m)

Dividends Paid

13 k1.5 m1.1 m371.9 k

Cash From Financing Activities

2.6 m(1.9 m)(384.3 k)3.4 m
GBPY, 2016


1.1 m


0.8 x


0.1 x

Financial Leverage

14.6 x
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