- CEO
- Mark Adrian Smithson
- Full Time Employees
- 250
- Sector
- Retail trade
- Industry
- Electronics/Appliance stores
- Address
- 4 Boston Road Leicester LE United Kingdom LE4 1AU
- IPO Date
- Nov 5, 2021
- Business
- Marks Electrical Group PLC is a United Kingdom-based online retailer that sells, delivers, installs and recycles a wide range of household electrical products including major domestic appliances and consumer electronics. The company offers over 4,500 products from more than 50 brands across core categories such as cooking appliances (electric cookers, gas cookers, dual fuel cookers, ovens, range cookers, hobs, cooker hoods), refrigeration (fridge freezers, fridges, freezers, American fridge freezers, wine coolers), washers and dryers (washing machines, tumble dryers, washer dryers), dishwashers (freestanding and integrated), audio-visual (televisions, home cinema), floorcare (cordless vacuum cleaners, cylinder vacuums, uprights, steam mops), small appliances (kettles, toasters, microwaves, coffee machines, irons), and additional items like sinks, taps, BBQs and outdoor accessories; it sources products from UK distributors of leading brands including Bosch, Samsung, Miele, NEFF, LG, AEG, Smeg, Rangemaster, Siemens and Fisher & Paykel, while providing removal and recycling services for packaging and old appliances, extended warranties and installation services primarily through its owned delivery fleet. Marks Electrical Group PLC operates nationwide in the UK, targeting consumer markets via its primary online platform at markselectrical.co.uk and select physical locations, with a focus on competitive pricing, next-day delivery options and customer service in the specialty retail segment of consumer discretionary goods. Founded in 1987 and headquartered at 4 Boston Road, Leicester LE4 1AU, United Kingdom, the company, which employs around 250 people, listed on the London Stock Exchange AIM in 2021 after changing its name from Marks Electrical Holding Limited in October 2021; recent developments include Frasers Group Plc acquiring a 6.42% stake on November 25, 2024, FY25 results showing statutory revenue of £117.2 million up 2.6% year-on-year with gross profit of £28.6 million, and HY26 interim results on November 12, 2025 reporting revenue of £53.0 million down 9.9% amid a declining market, stable gross margin at 24.3% and expectations for H2 FY26 revenue growth through stock investment despite full-year profit guidance impact.