Bf1systems

Bf1systems

Is a market leading provider of electrical, electronic & integrated electronic solutions to clients within the Motorsport and Automotive industries.

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DateInvestorsAmountRound
-investor

€0.0

round
investor

€0.0

round
*

£2.4m

Late VC
Total Funding000k

Financials

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Revenues, earnings & profits over time
GBP2017201820192020202120222023
Revenues0000000000000000000000000000
% growth9 %18 %3 %15 %(38 %)48 %28 %
EBITDA0000000000000000000000000000
% EBITDA margin20 %14 %17 %-11 %7 %3 %
Profit0000000000000000000000000000
% profit margin11 %14 %17 %17 %-6 %3 %
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000
R&D % of revenue46 %39 %45 %----

Source: Company filings or news article

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Established in 1994, Bf1systems operates as a specialized manufacturer and designer of high-precision electrical, electronic, and composite components. The company is deeply rooted in the high-stakes world of motorsports, supplying critical systems to top-tier racing series including Formula One, IndyCar, and various GT and endurance racing categories. Its client roster extends to prestigious automotive brands such as Bugatti, Ferrari, Pagani, and Aston Martin, for whom it provides advanced component solutions. The firm's business model centers on the direct sale of its proprietary product lines and customized engineering solutions. Key products include sophisticated Tyre Pressure Monitoring Systems (TPMS), bespoke wiring harnesses, a variety of sensors for pressure, temperature, and force, as well as complete steering wheel assemblies. Revenue is generated through the manufacturing and distribution of these components. Beyond the racetrack, Bf1systems applies its expertise to the aerospace, marine, and off-highway sectors, demonstrating the adaptability of its technology developed in harsh environments. The company's focus on technical excellence has resulted in significant accolades, including the prestigious King's Award for Enterprise in Innovation in 2024. In late 2019, the company received a growth capital investment from BGF and later acquired KA Sensors in early 2021 to expand its affiliate portfolio. Bf1systems employs around 180 people worldwide and operates from its technical center in Norfolk, UK.

Keywords: motorsport electronics, automotive components, composite solutions, tyre pressure monitoring systems, TPMS, wiring harness, motorsport sensors, high-performance automotive, aerospace components, Formula One supplier, IndyCar supplier, endurance racing technology, hypercar components, racing steering wheels, force measurement, electronic solutions, electrical systems, KA Sensors, custom engineering, marine electronics, off-highway vehicle sensors

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