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Back Environment The News Essex based Climate Energy number one in the region for growth, says Sunday Times Deloitte Buyout Track 100

Essex based Climate Energy number one in the region for growth, says Sunday Times Deloitte Buyout Track 100

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Climate Energy, one of the UK’s leading independent energy efficiency solutions companies, has just been ranked 3rd 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 an average 155% 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 4th fasted 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 (No 8, owned by 3i), fashion retailer Jack Wills (No 43, backed by Inflexion), and restaurant operator Yo! Sushi (No 89, owned by Quilvest).

Despite the tough economic climate, the 100 companies have grown their combined profits by an average of 51% 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.

“With only eight months until the launch of Green Deal, the whole country will need to find ways to save energy in their homes and businesses, and Climate Energy is proud to be leading the way in the UK.”