Chargemaster
OverviewSuggest Edit
Chargemaster is a supplier of charging infrastructure for electric vehicles. The Company provides charging units for home, business and public use, and operates its own electric vehicle public charging network, called POLAR.
| Type | Private | |
| Founded | 2008 | |
| HQ | Luton, GB | Map |
| Website | chargemasterplc.com | |
| Employee Ratings | More |
Recent NewsAll News
- The investor behind Thread and Chargemaster is looking to raise $100 million
- UPDATE 2-BP bets on electric car switch with Britain's Chargemaster
- UPDATE 1-BP bets on electric vehicle switch with Chargemaster buy
- Global Electric Vehicle (EV) Charging Infrastructure Market 2018 Key Players: Chargemaster Plc, Evatran LLC, Eaton Corporation, Siemens AG, ChargePoint, Inc., AeroVironment Inc., Tesla Motors, Inc., and Leviton Manufacturing Co., Inc
Latest Updates
| Employees (est.) (Nov 2019) | 133 | (+3%) |
| Revenue (FY, 2018) | £15.5 M | (-44%) |
Key People/Management at Chargemaster
David Martell
Founder & CEO
Belinda Cotter
Head of Customer Services
Jeff Solomon
Group Technical Director
Tom Callow
Director of Communication and Strategy
John Miles
Non Executive Chairman
James Jean Louis
Group Commercial Director
Chargemaster Office Locations
Chargemaster has an office in Luton
Luton, GB (HQ)
Mulberry House, 750 Capability Green
Chargemaster Financials and Metrics
Summary Metrics
Founding Date | 2008 |
Chargemaster total Funding | $5.1 m |
Chargemaster latest funding size | $5.13 m |
Time since last funding | 5 years ago |
Chargemaster investors | Qualcomm Ventures, Beringea, BMW i Ventures, Proven |
Chargemaster's latest funding round in July 2014 was reported to be $5.1 m. In total, Chargemaster has raised $5.1 m
Chargemaster Revenue
Chargemaster's revenue was reported to be £15.50 m in FY, 2018
| GBP | |
|---|---|
Revenue (FY, 2018) | 15.5m |
Net income (FY, 2018) | (15.1m) |
EBIT (FY, 2018) | (14.0m) |
Cash (31-Dec-2018) | 3.1m |
| GBP | FY, 2009 | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.2m | 877.5k | 3.0m | 3.6m | 5.5m | 12.8m | 13.2m | 11.9m | 27.7m | 15.5m |
Revenue growth, % | (24%) | 244% | 19% | 52% | 135% | 3% | (9%) | |||
Cost of goods sold | 840.9k | 730.7k | 1.7m | 2.4m | 3.1m | 7.9m | 8.3m | 8.4m | 19.1m | |
Gross profit | 314.8k | 146.8k | 1.3m | 1.2m | 2.3m | 4.9m | 4.9m | 3.5m | 8.6m |
| GBP | FY, 2009 | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash | 137.8k | 1.1m | 1.7m | 945.3k | 1.3m | 9.9m | 7.7m | 2.9m | 9.0m | 3.1m |
Accounts Receivable | 87.2k | 387.7k | 1.7m | 1.4m | 1.3m | 2.0m | 1.8m | 929.0k | 4.4m | 1.8m |
Inventories | 189.9k | 314.0k | 648.5k | 1.1m | 1.2m | 2.1m | 2.1m | 3.7m | 3.5m | 6.4m |
Current Assets | 633.9k | 1.9m | 4.4m | 3.8m | 4.2m | 14.2m | 12.3m | 9.5m | 20.5m | 12.9m |
| GBP | FY, 2009 | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 15.9k | (21.1k) | (341.3k) | (244.4k) | 97.9k | 1.0m | 510.0k | (1.8m) | 56.0k |
Depreciation and Amortization | 317.3k | 464.4k | 593.2k | 717.0k | 972.0k | ||||
Inventories | (456.3k) | (123.0k) | (890.7k) | 1.0k | (1.6m) | ||||
Accounts Payable | 174.7k | 146.6k | 428.9k | 395.0k | 567.0k |
| GBP | Y, 2018 |
|---|---|
Revenue/Employee | 203.3k |
Financial Leverage | 1.6 x |
Chargemaster Operating Metrics
Show all operating metricsChargemaster Revenue Breakdown
Chargemaster revenue breakdown by business segment: 31.5% from Homecharge, 14.1% from Commercial and 54.4% from Services
Chargemaster Online and Social Media Presence
43 Twitter followers
Chargemaster has 43 Twitter Followers. The number of followers has increased 0.5% month over month and increased 8.5% quarter over quarter
Chargemaster's Trends
Chargemaster News and Updates
November 01, 2018
The investor behind Thread and Chargemaster is looking to raise $100 million
Startup backer Beringea plans to raise up to £80 million ($100 million) in new funding.
Beringea is a long-established investment company in the UK and the US, and has backed startups including men's fashion service Thread and electric car charging company Chargemaster.
Beringea, which has backed…
June 28, 2018
UPDATE 2-BP bets on electric car switch with Britain's Chargemaster
* BP eyes China, Germany as next markets
(Recasts, adds quotes, background)
June 28, 2018
UPDATE 1-BP bets on electric vehicle switch with Chargemaster buy
LONDON, June 28 (Reuters) - BP will buy Britain's
largest electric vehicle charging firm Chargemaster and plans to
use its technology to roll out ultra-fast chargers across its
1,200 petrol stations in the country over the next 12 months.
January 09, 2018
Global Electric Vehicle (EV) Charging Infrastructure Market 2018 Key Players: Chargemaster Plc, Evatran LLC, Eaton Corporation, Siemens AG, ChargePoint, Inc., AeroVironment Inc., Tesla Motors, Inc., and Leviton Manufacturing Co., Inc
WiseGuyReports.com adds “Electric Vehicle (EV) Charging Infrastructure Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2025”reports to its database. Posted via Industry Today. Follow us on Twitter @IndustryToday
Chargemaster Blogs
November 05, 2019
New Polar Installations: October 2019 update
Another successful month of installations for the Polar network as we continue to install charge pointsContinue Reading
The post New Polar Installations: October 2019 update appeared first on BP Chargemaster.
November 01, 2019
Introducing the Polar Redemption Rewards Scheme
The Polar network is introducing a new loyalty programme to its subscription members. The RedemptionContinue Reading
The post Introducing the Polar Redemption Rewards Scheme appeared first on BP Chargemaster.
October 24, 2019
BP Colchester joins BP Chargemaster’s growing network of 150kW chargers
BP Chargemaster continues the nationwide roll out of 150kW ultra-fast charging units with eight units installedContinue Reading
The post BP Colchester joins BP Chargemaster’s growing network of 150kW chargers appeared first on BP Chargemaster.
October 21, 2019
BP Chargemaster wins top award for EV charging innovation
BP Chargemaster has won Best Tech Innovation in the Parkers New Car Awards 2020, which recogniseContinue Reading
The post BP Chargemaster wins top award for EV charging innovation appeared first on BP Chargemaster.
October 11, 2019
BP Chargemaster installs London’s first 150kW ultra-fast charging hub
BP Chargemaster continues the roll out of their new 150kW ultra-fast rapid charging units with newContinue Reading
The post BP Chargemaster installs London’s first 150kW ultra-fast charging hub appeared first on BP Chargemaster.
October 08, 2019
New Polar Installations: September 2019 update
The Polar network continues to grow, with more and more charge point installations each month. Continue Reading
The post New Polar Installations: September 2019 update appeared first on BP Chargemaster.
Chargemaster Frequently Asked Questions
When was Chargemaster founded?
Chargemaster was founded in 2008.
Who are Chargemaster key executives?
Chargemaster's key executives are David Martell, Belinda Cotter and Jeff Solomon.
How many employees does Chargemaster have?
Chargemaster has 133 employees.
What is Chargemaster revenue?
Latest Chargemaster annual revenue is £15.5 m.
What is Chargemaster revenue per employee?
Latest Chargemaster revenue per employee is £116.5 k.
Who are Chargemaster competitors?
Competitors of Chargemaster include Char.gy, Spark Horizon and Engenie.
Where is Chargemaster headquarters?
Chargemaster headquarters is located at Mulberry House, 750 Capability Green, Luton.
Where are Chargemaster offices?
Chargemaster has an office in Luton.
How many offices does Chargemaster have?
Chargemaster has 1 office.
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