Marks Electrical Group plc (MRKM.L, MRK LN)

  • 91.3
  • 104.9
  • 21.1

    Closing Price (p): 87.0

  • RATING 12/01/23

  • PREVIOUS RATING 26/07/22


Company Profile

Founded in 1987 by current CEO Mark Smithson, Marks Electrical Group (MRK) is an online retailer selling Major Domestic Appliances (MDAs) across the UK, with a focus on premium products. MRK operates an outwardly simple but highly efficient business model, backed by a culture of genuine customer centricity, highlighting four key pillars around which it operates its business: Try your hardest; Think like a customer; Get the price right; Always be honest. The vertically integrated proposition is centrally located at a single site in Leicester, 3 miles from the M1 motorway, allowing MRK to serve 99% of England with next-day delivery.

Major Shareholders%
Smithson Mark Adrian73.6
Canaccord Genuity Wealth Ltd.5.5
Stancroft Trust Ltd.5.2
Octopus Investments Ltd.3.9
Janus Henderson Investors UK Ltd.1.1