Energy efficiency company, Climate Energy, has just been ranked third in the latest Sunday Times Deloitte Buyout Track 100. This annual league table ranks companies by growth in profits over the last two years of available accounts.
Based in Witham, Essex, Climate Energy topped the league in the South East region and generates most of its revenue by acting as a broker between home owners and utility companies. Led by managing director Andrew Holmes, the company has seen profits rise by an average 155 per cent a year over the last two years, to £6.6m in 2011.
This success comes just two months after Climate Energy was placed 55th in the Sunday Times Fast Track 100 and was named Europe’s fourth fastest growing larger cleantech business by GP Bullhound.
Climate Energy is ranked in the Sunday Times Deloitte Buyout Track 100 alongside some well-known brands including lingerie retailer Agent Provocateur, fashion retailer Jack Wills, and restaurant operator Yo! Sushi.
Despite the tough economic climate, the 100 companies have grown their combined profits by an average of 51 per cent a year over two years to £1.3bn. Together they employ 91,577 staff, having added 22,731 employees to their workforce over the last two years.
Andrew Holmes, Climate’s Group managing director, commented: “Climate Energy has had an amazing three months, with our success and growth being recognised in both national and international influential league tables.
“Since it was established seven years ago, Climate Energy has gone from strength to strength, and we have seen our team win a number of awards and gain a reputation in the industry for its vast knowledge and skills.”
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