Operational Highlights

  • – Significant growth in the Corporate division as a result of:
    •      – Acquisition of Wholesale Power UK (“WPUK”) in July 2015, providing the Group with entry into new industry sectors, including leisure and logistics.
    •      – Acquisition of STC Energy and Carbon Holdings (“STC”) in November 2015, a market leading energy bureau, billing and management service provider to large multi-site organisations, enabling further diversification of customer base both regionally and by sector, including entry into the public sector, and generating additional revenue streams.
    •      – Record revenue, profits and organic procurement corporate order book sales during the year.
  • – Robust organic growth, with the procurement corporate order book, excluding the impact of the acquisitions of WPUK and STC, increasing by 25% to £17.5 million as at 31 December 2015 (2014: £14.0 million).
  • – Strong growth in the SME division, delivering record revenue, profits and cash generation.
  • – High client retention rates maintained:
    •      – Renewals across the Group at 85%.
    •      – Risk management division maintained 100% client retention.
  • – Headcount increased by 70% to 170 staff as a result of Corporate acquisitions and investment within the operational team.


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