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.

TypePrivate
Founded2008
HQLuton, GB
Websitebpchargemaster.com
Employee Ratings2.7

Latest Updates

Employees (est.) (Apr 2021)227(+8%)
Revenue (FY, 2018)£15.5 M(-44%)

Key People/Management at Chargemaster

David Martell

David Martell

Founder & CEO
Belinda Cotter

Belinda Cotter

Head of Customer Services
Jeff Solomon

Jeff Solomon

Group Technical Director
Tom Callow

Tom Callow

Director of Communication and Strategy
John Miles

John Miles

Non Executive Chairman
James Jean Louis

James Jean Louis

Group Commercial Director
Show more

Chargemaster Office Locations

Chargemaster has an office in Luton
Luton, GB (HQ)
500 Capability Green
Show all (1)

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

7 years ago

Chargemaster investors

Chargemaster's latest funding round in July 2014 was reported to be $5.1 m. In total, Chargemaster has raised $5.1 m
Show all financial metrics

Chargemaster Revenue

Embed Graph
View revenue for all periods
Chargemaster's revenue was reported to be £15.5 m in FY, 2018
GBP

Revenue (FY, 2018)

15.5m

Gross profit (FY, 2018)

5.6m

Gross profit margin (FY, 2018), %

36%

Net income (FY, 2018)

(15.1m)

EBIT (FY, 2018)

(14.0m)

Cash (31-Dec-2018)

3.1m
GBPFY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

1.2m877.5k3.0m3.6m5.5m12.8m13.2m11.9m27.7m15.5m

Revenue growth, %

(24%)244%19%52%135%3%(9%)

Cost of goods sold

840.9k730.7k1.7m2.4m3.1m7.9m8.3m8.4m19.1m9.9m

Gross profit

314.8k146.8k1.3m1.2m2.3m4.9m4.9m3.5m8.6m5.6m
GBPFY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

137.8k1.1m1.7m945.3k1.3m9.9m7.7m2.9m9.0m3.1m

Accounts Receivable

87.2k387.7k1.7m1.4m1.3m2.0m1.8m929.0k4.4m1.8m

Inventories

189.9k314.0k648.5k1.1m1.2m2.1m2.1m3.7m3.5m6.4m

Current Assets

633.9k1.9m4.4m3.8m4.2m14.2m12.3m9.5m20.5m12.9m
GBPFY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

15.9k(21.1k)(341.3k)(244.4k)97.9k1.0m510.0k(1.8m)56.0k

Depreciation and Amortization

317.3k464.4k593.2k717.0k972.0k

Inventories

(456.3k)(123.0k)(890.7k)1.0k(1.6m)

Accounts Payable

174.7k146.6k428.9k395.0k567.0k
GBPFY, 2009

Financial Leverage

1.7 x
Show all financial metrics

Chargemaster Operating Metrics

FY, 2018

Charging Stations (Polar Stations)

6 k

Partners

5

Rapid Charging Stations (Polar Stations)

300
Show all operating metrics

Chargemaster Revenue Breakdown

Embed Graph

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

Embed Graph

Chargemaster News and Updates

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…

UPDATE 2-BP bets on electric car switch with Britain's Chargemaster

* BP eyes China, Germany as next markets (Recasts, adds quotes, background)

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.

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

9 vehicle checks for a hassle-free electric car holiday

Heading off on a summer holiday or a long drive in your electric car and wantContinue Reading The post 9 vehicle checks for a hassle-free electric car holiday appeared first on bp pulse.

New bp pulse ultra-fast charging hubs to roll out across the UK

Brand new ultra-fast EV charging hubs on the bp pulse network for fleets and consumers HighContinue Reading The post New bp pulse ultra-fast charging hubs to roll out across the UK appeared first on bp pulse.

bp pulse makes £2 million available to improve UK’s legacy charging infrastructure

Investment by bp pulse to deliver radical improvement in reliability of older UK charging infrastructure bpContinue Reading The post bp pulse makes £2 million available to improve UK’s legacy charging infrastructure appeared first on bp pulse.

UK’s most used charging network sees record utilisation in 2021 despite lockdown

The bp pulse public charging network delivered almost 20% more energy to customers in the firstContinue Reading The post UK’s most used charging network sees record utilisation in 2021 despite lockdown appeared first on bp pulse.

bp pulse provides free charging to UK emergency services

Reintroducing free charging and subscription for electric emergency service fleets Part of bp’s initiative to supplyContinue Reading The post bp pulse provides free charging to UK emergency services appeared first on bp pulse.

bp pulse – the UK’s fastest growing and most used EV charging network

The UK’s fastest growing rapid and ultra-fast network in 2020 and plans for significant increase inContinue Reading The post bp pulse – the UK’s fastest growing and most used EV charging network appeared first on bp pulse.
Show more

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 227 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 £68.3 k.

  • Who are Chargemaster competitors?

    Competitors of Chargemaster include Char.gy, Spark Horizon and Engenie.

  • Where is Chargemaster headquarters?

    Chargemaster headquarters is located at 500 Capability Green, Luton.

  • Where are Chargemaster offices?

    Chargemaster has an office in Luton.

  • How many offices does Chargemaster have?

    Chargemaster has 1 office.