The Reading-based company, which works with businesses, local authorities, housing associations and homeowners to reduce their carbon emissions, has been ranked 212th in the high profile listing that highlights Britain’s leading private mid-market growth companies with the biggest sales.
In the last financial year Anesco increased its revenue by 50%, generating a turnover of £160.2million and an EBITDA of £21million. The company’s workforce has also grown to in excess of 150 permanent members of staff, with up to 600 contractors and 103 supply chain partners and logistics staff employed at any one time.
The company forecasts turnover will exceed £200 million in the current financial year as the business continues to develop and expand in new areas, including its battery storage solutions. It also predicts sustained growth for existing products and services, such as the ESCO model that enables organisations to install energy efficiency measures at no cost and its renewable asset monitoring and maintenance service AnescoMeter.
“Being included in the Sunday Times Top Track 250 is amazing recognition for the hard work and dedication of the team we have pulled together at Anesco,” commented Adrian Pike, Anesco CEO. “We continue to drive the UK energy efficiency industry forward by creating innovative and cost-effective ways to bring new products and services to market.”
He added: “Battery storage is a strong growth area for us, both in the commercial and residential sectors. We installed our first utility-scale unit back in September 2014 and are currently developing our own storage units using cutting-edge lithium sulphur technology.
“Our ESCO model, which enables organisations to install energy efficiency measures without the need for capital outlay, also continues to prove popular across all sectors.”
Anesco was named the UK’s fastest growing private company by Sunday Times Fast Track in 2013 and again in 2014, after achieving growth of 375% in its latest three years. It is recognised as one of the top 100 cleantech firms in the world and its senior management team has been named BVCA venture capital backed management team of the year for the last three years.