Volt Ethical Electrical Ltd
Commercial and domestic electricians operating a company-wide profit share scheme — 15% of annual profits distributed equally to all 31 engineers regardless of seniority. Living Wage accredited. Sponsors local youth football club. NICEIC approved contractor.
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Why Volt Ethical Electrical Ltd scores 82/100
| Pillar | Evidence | Source | Score |
|---|---|---|---|
assignmentGovernance | Legal structure: Ltd. Mission statement verified. Companies House filing reviewed. | Companies House · B-Corp | 8.0 |
ecoCommunity | £14,000 donated in FY2024 (1.8% of profit). Verified via Charity Commission. | Charity Commission | 8.2 |
paymentsTax | Effective UK corporation tax rate: 20.4% (vs 19% statutory norm). HMRC records show no adverse findings. | HMRC · Fair Tax Mark | 7.8 |
groupsEmployment | Minimum wage paid: £13.85/hr. Zero-hours: 0%. Gender pay gap: 8.8%. 0 tribunal losses in 5 years. | LWF · DWP · Tribunals | 9.0 |
campaignCause | Assessed from public advocacy record, employee volunteering policy (3 days/yr), and cause promotion activities. | Third Party Auditors | 7.6 |
Volt Ethical Electrical Ltd
Volt was established in Leeds in 2010 and introduced its profit share scheme in 2018 after the founders realised that the standard employment model did not adequately reward the people who actually did the work. The scheme has resulted in dramatically lower staff turnover — from 22% annually to under 4%.