Stelrad Group PLC

LSE:SRAD Stock Report

Market Cap: UK£193.6m

Stelrad Group Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Trevor Harvey

Chief executive officer

UK£631.0k

Total compensation

CEO salary percentage87.48%
CEO tenure11.7yrs
CEO ownership9.0%
Management average tenureno data
Board average tenure2.4yrs

Recent management updates

Recent updates

Analysis Article Sep 18

Stelrad Group (LON:SRAD) Is Due To Pay A Dividend Of £0.0304

Stelrad Group PLC's ( LON:SRAD ) investors are due to receive a payment of £0.0304 per share on 24th of October. This...
Narrative Update Aug 10

Regulatory Mandates And Energy Efficiency Will Boost Premium Radiator Demand

The upward revision in Stelrad Group's consensus price target reflects stronger net profit margins and improved revenue growth forecasts, raising fair value from £1.89 to £2.02. What's in the News Stelrad Group PLC Board declared an interim dividend of 3.04 pence per share, a 2% increase, to be paid on 24 October 2025 to shareholders on the register on 10 October 2025.
User avatar
New Narrative Jun 15

Tightening European Building Regulations Will Spark Energy Efficient Home Upgrades

Regulatory shifts toward energy efficiency and decarbonization drive demand for Stelrad's innovative radiators, supporting revenue growth and increased margins through premium product focus.
Analysis Article Mar 27

Stelrad Group (LON:SRAD) Is Increasing Its Dividend To £0.0481

The board of Stelrad Group PLC ( LON:SRAD ) has announced that it will be increasing its dividend by 1.9% on the 27th...
Analysis Article Mar 11

Stelrad Group (LON:SRAD) Will Pay A Larger Dividend Than Last Year At £0.0481

Stelrad Group PLC ( LON:SRAD ) will increase its dividend on the 27th of May to £0.0481, which is 1.9% higher than last...
Analysis Article Aug 15

Stelrad Group's (LON:SRAD) Dividend Will Be £0.0298

Stelrad Group PLC's ( LON:SRAD ) investors are due to receive a payment of £0.0298 per share on 25th of October. The...
Analysis Article Apr 25

Stelrad Group's (LON:SRAD) Dividend Will Be £0.0472

The board of Stelrad Group PLC ( LON:SRAD ) has announced that it will pay a dividend of £0.0472 per share on the 29th...
Analysis Article Mar 25

Stelrad Group (LON:SRAD) Is Paying Out A Dividend Of £0.0472

The board of Stelrad Group PLC ( LON:SRAD ) has announced that it will pay a dividend of £0.0472 per share on the 29th...
Analysis Article Mar 11

Stelrad Group (LON:SRAD) Is Due To Pay A Dividend Of £0.0472

The board of Stelrad Group PLC ( LON:SRAD ) has announced that it will pay a dividend of £0.0472 per share on the 29th...
Analysis Article Feb 17

Stelrad Group PLC (LON:SRAD) Shares Could Be 33% Below Their Intrinsic Value Estimate

Key Insights The projected fair value for Stelrad Group is UK£1.65 based on 2 Stage Free Cash Flow to Equity Stelrad...
Analysis Article Dec 01

We Like These Underlying Return On Capital Trends At Stelrad Group (LON:SRAD)

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...
Analysis Article Sep 27

Stelrad Group (LON:SRAD) Has Affirmed Its Dividend Of £0.0292

The board of Stelrad Group PLC ( LON:SRAD ) has announced that it will pay a dividend of £0.0292 per share on the 27th...
Analysis Article Sep 01

Stelrad Group (LON:SRAD) Has Announced A Dividend Of £0.0292

The board of Stelrad Group PLC ( LON:SRAD ) has announced that it will pay a dividend of £0.0292 per share on the 27th...
Analysis Article Aug 18

Stelrad Group (LON:SRAD) Will Pay A Dividend Of £0.0292

Stelrad Group PLC ( LON:SRAD ) will pay a dividend of £0.0292 on the 27th of October. This makes the dividend yield...
Analysis Article Aug 12

Stelrad Group (LON:SRAD) Shareholders Will Want The ROCE Trajectory To Continue

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
Analysis Article Aug 20

There May Be Reason For Hope In Stelrad Group's (LON:SRAD) Disappointing Earnings

Soft earnings didn't appear to concern Stelrad Group PLC's ( LON:SRAD ) shareholders over the last week. We did some...

CEO Compensation Analysis

How has Trevor Harvey's remuneration changed compared to Stelrad Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025UK£631kUK£552k

UK£844k

Sep 30 2025n/an/a

UK£3m

Jun 30 2025n/an/a

UK£5m

Mar 31 2025n/an/a

UK£11m

Dec 31 2024UK£969kUK£536k

UK£17m

Sep 30 2024n/an/a

UK£16m

Jun 30 2024n/an/a

UK£15m

Mar 31 2024n/an/a

UK£15m

Dec 31 2023UK£832kUK£495k

UK£15m

Sep 30 2023n/an/a

UK£14m

Jun 30 2023n/an/a

UK£12m

Mar 31 2023n/an/a

UK£8m

Dec 31 2022UK£569kUK£495k

UK£4m

Sep 30 2022n/an/a

UK£5m

Jun 30 2022n/an/a

UK£6m

Mar 31 2022n/an/a

UK£11m

Dec 31 2021UK£128kUK£67k

UK£15m

Dec 31 2020UK£857kUK£467k

UK£9m

Compensation vs Market: Trevor's total compensation ($USD850.40K) is about average for companies of similar size in the UK market ($USD813.58K).

Compensation vs Earnings: Trevor's compensation has been consistent with company performance over the past year.


CEO

Trevor Harvey (70 yo)

11.7yrs
Tenure
UK£631,000
Compensation

Mr. Trevor Terence Harvey serves as Chief Executive Officer of Stelrad Group PLC and has been its Director since November 17, 2014. He joined the Stelrad Radiator Group Limited in January 2000. He is a Dir...


Board Members

NamePositionTenureCompensationOwnership
Trevor Harvey
CEO & Executive Director11.7yrsUK£631.00k9.04%
£ 17.5m
Leigh Wilcox
CFO & Director1.8yrsUK£309.00k0.0042%
£ 8.1k
Edmund Lazarus
Non-Executive Director11.7yrsno datano data
Katherine Christina Mary Ker
Senior Independent Director2.4yrsUK£86.00k0.024%
£ 45.9k
Martyn Coffey
Independent Chair of the Boardless than a yearno datano data
Stuart Watson
Independent Non-Executive Directorless than a yearno datano data
Nicola Gail Bruce
Independent Non-Executive Director4.8yrsUK£74.00k0.017%
£ 32.0k
2.4yrs
Average Tenure
64yo
Average Age

Experienced Board: SRAD's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/31 07:55
End of Day Share Price 2026/07/31 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Stelrad Group PLC is covered by 4 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Edward Hugh PrestBerenberg
Florence O'DonoghueDavy
Aynsley LamminInvestec Bank plc (UK)