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
Websitechargemasterplc.com
Employee Ratings2.9

Latest Updates

Employees (est.) (Nov 2019)133(+3%)
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
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Chargemaster Office Locations

Chargemaster has an office in Luton
Luton, GB (HQ)
Mulberry House, 750 Capability Green
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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

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

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

Gross profit

314.8k146.8k1.3m1.2m2.3m4.9m4.9m3.5m8.6m
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, 2017

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
GBPY, 2018

Revenue/Employee

203.3k

Financial Leverage

1.6 x
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Chargemaster Operating Metrics

FY, 2018

Charging Stations (Polar Stations)

6 k

Partners

5

Rapid Charging Stations (Polar Stations)

300
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Chargemaster Revenue Breakdown

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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

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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

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.

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.

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.

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.

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.

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.
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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.