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Love Energy Savings

OverviewSuggest Edit

Love Energy Savings specialises in UK business energy and home energy comparisons. Since 2007, we’ve been focused on one thing; providing businesses and homes with cheaper electricity and cheaper gas. That’s why everything we do is for the benefit of the community which put its trust in us.
We don’t believe in over-complicating things. That’s why our aim on a daily basis is to offer hassle-free energy comparisons and switch for UK businesses and consumers. Our mission is to find everyone the cheapest deal on their energy bill and deliver the best customer service while we do it.
The bottom line is we’re here to save you time and money on your home and business energy switch. Our energy experts are trained to advise you on when to make the best move to get you the biggest savings on your gas and electricity bills. So you can trust Love Energy Savings to give you fast, free and impartial advice when your home or business switches energy supplier.
TypePrivate
Founded2007
HQManchester, GBMap
Websiteloveenergysavings.com
Employee Ratings4.4More
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Latest Updates

Employees (est.) (Sept 2021)145(-3%)
Revenue (FY, 2018)£25.8 M(+49%)
Cybersecurity ratingBMore

Key People/Management at Love Energy Savings

Phil Foster

Phil Foster

CEO
Bill Hodder

Bill Hodder

IT Director
Steve Weller - Non-Executive

Steve Weller - Non-Executive

Chairman
Wayne Heap

Wayne Heap

Director of Resellers and Service
Steven Yates

Steven Yates

Director of SME
Phil Windas

Phil Windas

Chief Marketing Officer (CMO)
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Love Energy Savings Office Locations

Love Energy Savings has an office in Manchester
Manchester, GB (HQ)
Summerfield Rd
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Love Energy Savings Financials and Metrics

Summary Metrics

Founding Date

2007

Love Energy Savings total Funding

$6.9 m

Love Energy Savings investors

NVM Private Equity
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Love Energy Savings Revenue

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Love Energy Savings's revenue was reported to be £25.76 m in FY, 2018
GBP

Revenue (FY, 2018)

25.8m

Gross profit (FY, 2018)

7.9m

Gross profit margin (FY, 2018), %

30.7%

Net income (FY, 2018)

2.3m

EBIT (FY, 2018)

2.0m

Cash (31-Dec-2018)

766.2k
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

3.9m6.5m13.2m17.4m25.8m

Revenue growth, %

65%104%

Cost of goods sold

2.4m4.9m9.6m12.6m17.9m

Gross profit

1.6m1.6m3.6m4.7m7.9m
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GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

34.0k40.1k100.6k3.0161.1k136.2k1.8m863.8k244.5k766.2k

Accounts Receivable

11.0123.5k537.6k203.7k270.5k91.0k129.5k161.2k396.5k1.3m

Inventories

Current Assets

41.1k163.6k537.6k304.3k270.5k252.1k1.6m3.3m5.1m6.4m11.3m
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GBPFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

424.3k171.9k640.3k715.7k

Income Taxes Paid

19.5k(67.9k)(60.7k)
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GBPFY, 2008

Financial Leverage

-0.1 x
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Love Energy Savings Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

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Love Energy Savings Online and Social Media Presence

Love Energy Savings's Trends

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Love Energy Savings Blogs

June 27, 2019

Why Work in the Energy Industry?

The energy sector services more customers and contributes more to the UK economy than ever before. See if working in the energy industry could be your next career path.
June 26, 2019

Does networking actually work? We look at the stats

Networking gets a bad rep, but are you hurting your business by shunning it? We look at the data to find out how much impact networking might actually have.
June 26, 2019

Why work in the energy industry?

The energy sector services more customers and contributes more to the UK economy than ever before. See if working in the energy industry could be your next career path.
June 03, 2019

20% of Bosses Are Doing it Wrong

A study by Love Energy Savings found that 20% of UK employees found their manager’s performance to be inadequate. What are they doing wrong?
May 31, 2019

Discover which region is the most expensive for business energy

The cost of energy is one thing businesses need to consider when setting up in a new area. We looked at our data to find out which region is most expensive and why.
May 13, 2019

The UK’s fastest-growing sectors: Where to work in 2019

Tech innovation, the rise of e-commerce and significant government funding has led to rapid growth in some of the UK’s top sectors. Find out where you should be working in 2019.
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 Love Energy Savings Frequently Asked Questions

  • When was Love Energy Savings founded?

    Love Energy Savings was founded in 2007.

  • Who are Love Energy Savings key executives?

    Love Energy Savings's key executives are Phil Foster, Bill Hodder and Steve Weller - Non-Executive.

  • How many employees does Love Energy Savings have?

    Love Energy Savings has 145 employees.

  • What is Love Energy Savings revenue?

    Latest Love Energy Savings annual revenue is £25.8 m.

  • What is Love Energy Savings revenue per employee?

    Latest Love Energy Savings revenue per employee is £177.6 k.

  • Who are Love Energy Savings competitors?

    Competitors of Love Energy Savings include Eren Enerji, CAM and China Three Gorges Brasil Energia.

  • Where is Love Energy Savings headquarters?

    Love Energy Savings headquarters is located at Summerfield Rd, Manchester.

  • Where are Love Energy Savings offices?

    Love Energy Savings has an office in Manchester.

  • How many offices does Love Energy Savings have?

    Love Energy Savings has 1 office.