Ashwoods Electric Motors
Manufacturing electric motors.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
N/A | Acquisition | ||
| Total Funding | 000k | ||
| GBP | 2014 | 2015 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | - | 28 % | 78 % | 99 % | 51 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | - | - | - | (70 %) | (69 %) | (8 %) | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | - | (142 %) | (149 %) | (93 %) | (23 %) | 2 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Ashwoods Electric Motors designs and manufactures smaller, lighter, and more efficient permanent magnet electric motors. The company's product line includes interior and surface permanent magnet motors, catering to a diverse range of sectors such as off-highway, automotive, and materials handling. Ashwoods' motors are recognized for their high power density and efficiency, which are key selling points for their target markets.
The company was founded in 2006 by Paul and Lloyd Ash. Lloyd Ash, with a background in engineering, serves as the Managing Director. Originally focused on hybrid vehicle technology, the company pivoted to electric motors, leveraging their expertise to develop advanced motor designs. A significant milestone was the development of their first electric motor in 2009, which set the foundation for their current product portfolio. In 2021, the company received a Queen's Award for Enterprise for International Trade, recognizing its global export success. Ashwoods Electric Motors operates a subscription-based business model for some of its motor controller software, alongside direct sales of its motor hardware. The company's clients are typically original equipment manufacturers (OEMs) looking to integrate high-performance electric motors into their products, such as construction equipment, airport ground support vehicles, and electric cars.
Keywords: permanent magnet motors, electric motors, power density, industrial automation, off-highway vehicles, materials handling, automotive components, electric vehicle technology, motor manufacturing, energy efficiency