Profit Track 100

This family-owned Yorkshire firm designs and manufactures charging points, responding to the rise in the use of mobile devices. It also produces cables and cable housing and computer accessories. Its innovative and colourful products, such as patented replaceable/upgradeable USB chargers and wireless chargers that integrate into furniture, can be found in corporate headquarters, cafes, hotels, hospitals, airports and shopping malls. This year, it is launching a patented ‘reversible’ USB connector, allowing USB plugs to be connected either way around. In 2017, the company opened its £9m Wakefield headquarters. Under chairman Richard Hobbs, 76, his son Tim Hobbs, 48, who is technical director, and managing director David Masters, 63, profits hit £3.4m in 2018.

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Company details
CompanyOE Electrics
ActivitySoft wiring manufacturer
Profits £0003,420
Sales £00019,467

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# ebitda * supplied by company † annualised figure