Ultimate Products Plc (ULTP.L)

136.50 -4.50 (-3.19%) At close: 05:15PM BST

Ultimate Products Plc

Manor Mill
Victoria Street
Oldham OL9 0DD
United Kingdom
44 16 1627 1400
https://www.upplc.com

Sector(s): Consumer Cyclical
Industry: Furnishings, Fixtures & Appliances
Full-time employees: 361

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Andrew John Gossage	CEO & Executive Director	492.53k	N/A	1971
Mr. Simon Adom Showman	Founder & Chief Commercial Officer	627.18k	N/A	1973
Mr. John Christopher Stewart Dent	CFO, Company Secretary & Director	233.33k	N/A	1980
Mr. Craig Austin Holden	Group Operations & HR Director	N/A	N/A	1979

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in GBp.

Description

Ultimate Products Plc, together with its subsidiaries, supplies branded homeware products in the United Kingdom, Germany, Rest of Europe, and internationally. The company offers a range of durable household products, including vacuum cleaners, food prep, storage solutions, and airers, as well as fans, heaters, and electric fires under the Beldray Brand; cookware, kitchen electrical, and scale products under the Salter brand; audio products under the Intempo brand; non-electrical kitchen and laundry products under the Russell Hobbs brand; and travel luggage and accessories under constellation and ZFrame brands. It also provides floorcare, healthy living, and party appliances under the PROlectrix brand; bone China kitchenware products under Portobello brand; pillows, duvets, mattress, protectors, and toppers under Dreamtime brand; and bakeware, cookware, and textile products under George Wilkinson brand. In addition, the company offers party and kitchen products under Giles and Posner brand; kitchen products under American Originals and Progress brands; and handmade wire brushes products under the Kleeneze brand. It offers products through retailers, as well as online. The company was formerly known as UP Global Sourcing Holdings plc and changed its name to Ultimate Products Plc in October 2023. Ultimate Products Plc was founded in 1997 and is headquartered in Oldham, the United Kingdom.

Corporate governance

Ultimate Products Plc’s ISS governance QualityScore as of 1 June 2024 is 8. The pillar scores are Audit: 7; Board: 9; Shareholder rights: 1; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.