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New sector customers Inspire huge growth

Managing director Janet Thornton (right) with husband and sales director Matthew Thornton at Inspired Energy.

Managing director Janet Thornton (right) with husband and sales director Matthew Thornton at Inspired Energy.

A Fylde coast energy broker enjoyed a bumper year as it revealed its latest annual results.

Inspired Energy, which began at the home of its founder Janet Thornton in 2000 but is now based in Kirkham, has seen its order book rise to £11m from £8.3m for the same period last year.

That represented a 24 per cent rise , while its group revenues, it said, would be above market expectations at £7.6m driven by strong sales in its EnergiSave division, particularly in the last quarter of 2013. EnergiSave was first established in late 2012 and focuses on providing SMEs with competitive energy contracts from a variety of suppliers.

It added that the corporate division made order book sales of £8.8m in the year to December 31 2013 (December 31 2012: £7.1m), representing growth of 24 per cent.

When combined with the sales made by the EnergiSave division of £1.4m, the group made total committed sales of over £10.2m in the year.

Janet Thornton, Managing Director of Inspired Energy, said: “I am proud of the group’s achievements over the past year which has seen a significant increase in business across the UK.

“Our core corporate division continues to perform very well and benefits from a very strong contracted order book in excess of £11m, which is testament to the hard work of the team which has delivered strong growth.

“Energisave, our new growth engine which target SMEs, has outperformed our initial expectations and we are seeing accelerated growth continuing into the new year on this now strong platform of new customers.”

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