Element Materials Technology

    OverviewSuggest Edit

    Element Materials Technology is a company that provides material testing, product qualification testing, inspection, certification, calibration, and advisory services. It applies a combination of both destructive testing and non-destructive testing methods to metals, composites, polymers, elastomers, and resins to determine their potential properties, performance, strength, durability, and resistance to corrosion. In addition, the company offers certification to management systems standards, chain of custody certification of timber and timber-derived products, sustainable supply chain certification for palm oil, soy, cocoa, and other products. It serves the aerospace, transportation, fire, oil and gas, infrastructure sectors.
    TypePrivate
    Founded2011
    HQLondon, GB
    Websiteelement.com
    Employee Ratings3.3

    Latest Updates

    Employees (est.) (Dec 2020)6,700(+2%)
    Revenue (FY, 2018)£825.4 M(+55%)
    Cybersecurity ratingDMore
    Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
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    Key People/Management at Element Materials Technology

    Jo Wetz

    Jo Wetz

    CEO
    Ruth Prior

    Ruth Prior

    Group CFO
    Nancy Grösch

    Nancy Grösch

    Chief People Officer
    Andrew Jordan

    Andrew Jordan

    Chief Digital & Technology Officer
    Arnout Lijesen

    Arnout Lijesen

    EVP, Corporate Development
    Matt Hopkinson

    Matt Hopkinson

    EVP, EMEAA
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    Element Materials Technology Office Locations

    Element Materials Technology has offices in London, Aberdeen, Abingdon, Caerphilly and in 142 other locations
    London, GB (HQ)
    5 Southampton St
    Aberdeen, GB
    Hareness Cir
    Abingdon, GB
    13, 15 Nuffield Way
    Caerphilly, GB
    37, Western Industrial Estate
    Cradley Heath, GB
    101 Corngreaves Rd
    Deeside, GB
    Shotton Works
    Show all (167)

    Element Materials Technology Financials and Metrics

    Summary Metrics

    Founding Date

    2011
    Show all financial metrics

    Element Materials Technology Revenue

    Element Materials Technology's revenue was reported to be £825.4 m in FY, 2018 which is a 54.9% increase from the previous period.
    USD

    Cash (31-Dec-2020)

    141.1m
    GBPFY, 2016FY, 2017FY, 2018

    Revenue

    216.8m533.0m825.4m

    Revenue growth, %

    146%55%

    Cost of goods sold

    222.9m525.6m777.4m

    Gross profit

    (6.1m)7.4m48.0m
    USDFY, 2018FY, 2019FY, 2020

    Cash

    85.8m66.5m141.1m

    Accounts Receivable

    154.2m196.8m170.3m

    Current Assets

    301.2m298.8m347.0m

    PP&E

    274.4m332.2m326.9m
    USDFY, 2018FY, 2019FY, 2020

    Net Income

    (43.0m)(161.4m)(601.8m)

    Depreciation and Amortization

    109.7m111.8m136.9m

    Accounts Payable

    15.9m(34.8m)(10.0m)

    Cash From Operating Activities

    166.0m143.3m173.8m
    USDFY, 2016

    Revenue/Employee

    117.6k
    Show all financial metrics

    Element Materials Technology Operating Metrics

    Element Materials Technology's Customers was reported to be 50 k in FY, 2020.
    FY, 2018FY, 2019FY, 2020

    Customers

    50 k50 k50 k

    Laboratories

    186199201

    Services Provided

    555

    Visitors

    4 m
    Show all operating metrics

    Element Materials Technology Acquisitions / Subsidiaries

    Company NameDateDeal Size
    Impact Analytical, Inc.September 02, 2021
    Arch Sciences GroupJune 20, 2021
    AIRCOM LabsMay 04, 2021
    Kalibrierdienst Kopp GmbHMarch 29, 2021
    AvomeenFebruary 03, 2021
    Analytical Lab GroupJuly 27, 2020
    PCTEST Engineering Laboratory, Inc.January 08, 2020
    Aerotech Inspection and NDT LtdDecember 12, 2019
    EMV Testhaus GmbHDecember 05, 2019
    Cobham Technical Services Lightning Testing & ConsultancyNovember 16, 2018
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    Element Materials Technology Revenue Breakdown

    Embed Graph

    Element Materials Technology revenue breakdown by geographic segment: 14.3% from United Kingdom, 14.3% from United Kingdom, 16.5% from Europe, 45.5% from United States and Canada and 9.5% from Rest of world

    Element Materials Technology Cybersecurity Score

    Cybersecurity ratingPremium dataset

    D

    63/100

    SecurityScorecard logo

    Element Materials Technology Online and Social Media Presence

    Embed Graph

    Element Materials Technology News and Updates

    Element Joins the United Nations Global Compact

    Element Materials Technology (Element) is proud to announce that it has become a signatory to the United Nations Global Compact (UNGC), the world's largest corporate sustainability initiative. Through this commitment, Element has joined thousands of global companies in advancing societal goals align…

    Element acquires Energy Assurance to establish battery testing leadership

    London, UK – April 21, 2022 – Element Materials Technology (Element) has acquired Energy Assurance (EA), one of the leading independent battery testing operators in North America. This demand is being driven by some of the world’s leading connected technology, automotive, medical device and energy s…

    Element further bolsters connected technologies and life sciences businesses with Clinimark acquisition

    Element Materials Technology (Element) has acquired Clinimark, a global leader for clinical FDA validation testing of vital sign data for medical and home health devices, and consumer wearable products.

    Element opens Saudi Arabia laboratory to support NEOM project

    LONDON, UK – April 19, 2022 – Element Materials Technology (Element) has invested USD $1m in a new laboratory in northwestern Saudi Arabia to provide civils and environmental testing for the NEOM new city project. It will enable us to support the NEOM project with greater efficiency for our customer…

    Element appoints new Singapore GM for Admaterials

    London, UK – April 4, 2022 – Element Materials Technology (Element) has announced the appointment of Sherly Wijaya as the new General Manager for Admaterials in Singapore. Matt Hopkinson, Executive Vice President EMEAA at Element, said: “We are proud to appoint Sherly as the new GM for Admaterials, …

    Element welcomes Innovate UK grant scheme available to UK Health Technology Product SMEs

    LONDON, UK – February 16, 2022 – Element Materials Technology (Element) welcomes the launch of the Innovate UK fund, in collaboration with CPI and the Association of British HealthTech Industries, which will provide UK Health Technology small and medium-sized enterprises (SMEs) with the opportunity …
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    Element Materials Technology Frequently Asked Questions

    • When was Element Materials Technology founded?

      Element Materials Technology was founded in 2011.

    • Who are Element Materials Technology key executives?

      Element Materials Technology's key executives are Jo Wetz, Ruth Prior and Nancy Grösch.

    • How many employees does Element Materials Technology have?

      Element Materials Technology has 6,700 employees.

    • Who are Element Materials Technology competitors?

      Competitors of Element Materials Technology include Mistras, Rockwood Service Corporation and National Technical Systems.

    • Where is Element Materials Technology headquarters?

      Element Materials Technology headquarters is located at 5 Southampton St, London.

    • Where are Element Materials Technology offices?

      Element Materials Technology has offices in London, Aberdeen, Abingdon, Caerphilly and in 142 other locations.

    • How many offices does Element Materials Technology have?

      Element Materials Technology has 167 offices.