ML Accessories

Founded in 1998, M L Accessories has since established itself as one of the UK's leading importers and distributors of Lighting products and Electrical Wiring Accessories. We pride ourselves on providing quality in everything we do — from our ever-growing competitive product ranges, to the incredible quality of service that has now become the envy of the industry. 2014 has seen ML Accessories continue to buck the trend. In addition to the many new products added to our Lighting and Wiring Accessories, we have also recently invested heavily in strengthening our Product Development, Technical & Quality assurance and Marketing departments. In response to further demand we have also expanded our Sales force. What distinguishes ML Accessories apart from our competitors? We believe the answer to that question is simple and is apparent in our approach to customer care. At MLA, Customer Service is not a department, it’s an attitude! We continue to strive towards exceeding all expectations, whether through our unparalleled next-day delivery service anywhere across mainland UK, impressive stock availability or our increasing breadth of product offering. We pride ourselves on being a first choice supplier to the electrical industry throughout the UK and Europe and in taking problems off your hands; so that you can get on with what you do best We believe that you will be amazed at all we have to offer, whether you are an existing customer or are yet to experience the unique MLA way.
Company Growth (employees)
Type
Private
HQ
Houghton Regis, GB
Founded
1998
Size (employees)
45 (est)-2%
ML Accessories was founded in 1998 and is headquartered in Houghton Regis, GB

ML Accessories Office Locations

ML Accessories has an office in Houghton Regis
Houghton Regis, GB (HQ)
Foster Ave

ML Accessories Data and Metrics

Summary Metrics

Founding Date

1998

ML Accessories Financial Metrics

ML Accessories's revenue was reported to be £30.4 m in FY, 2016 which is a 19% increase from the previous period.
Numbers are in £, GBP

Revenue (FY, 2016)

30.4 m

Revenue growth (FY, 2015 - FY, 2016), %

19%

Gross profit (FY, 2016)

12.3 m

Gross profit margin (FY, 2016), %

40%

Net income (FY, 2016)

4.5 m

Cash (31-Dec-2016)

1.1 m
Numbers are in £, GBPFY, 2014FY, 2015FY, 2016

Revenue

20.3 m25.4 m30.4 m

Revenue growth, %

25%19%

Cost of goods sold

12.3 m15.5 m18.1 m

Gross profit

8 m9.9 m12.3 m

Gross profit Margin, %

40%39%40%

Operating expense total

4.6 m5.4 m6.3 m

Pre tax profit

3.3 m4.4 m5.7 m

Net Income

2.6 m3.6 m4.5 m
Numbers are in £, GBPFY, 2014FY, 2015FY, 2016

Cash

1 m1.5 m1.1 m

Accounts Receivable

4.6 m5.6 m7.2 m

Current Assets

11.5 m20.5 m24.1 m

PP&E

471.7 k662.3 k598.2 k

Goodwill

26.2 k26.2 k11.6 k

Total Assets

12 m21.2 m24.7 m

Accounts Payable

1.3 m1.6 m2.6 m

Current Liabilities

6.3 m8.1 m10.6 m

Retained Earnings

2.3 m2.9 m3.9 m

Total Equity

5.6 m8.5 m12.4 m

Financial Leverage

2.1 x2.5 x2 x
Numbers are in £, GBPFY, 2014FY, 2015FY, 2016

Cash From Operating Activities

1.1 m2.8 m3 m

Cash From Financing Activities

863.3 k5.8 m(1.5 m)

Income Taxes Paid

(717.1 k)(855.7 k)(1.2 m)
Numbers are in £, GBPY, 2016

Revenue/Employee

804.3 k

Financial Leverage

2 x

ML Accessories Company Life and Culture

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