Love Energy Savings

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.
Company Growth (employees)
Type
Private
HQ
Bolton, GB
Founded
2007
Size (employees)
67 (est)+7%
Love Energy Savings was founded in 2007 and is headquartered in Bolton, GB

Love Energy Savings Office Locations

Love Energy Savings has offices in Bolton, Manchester and Lancashire
Bolton, GB (HQ)
Summerfield Rd

Love Energy Savings Data and Metrics

Summary Metrics

Founding Date

2007

Total Funding

$6.9 m

Investors

Love Energy Savings Financial Metrics

Love Energy Savings's revenue was reported to be £13.2 m in FY, 2016 which is a 104% increase from the previous period.
GBP

Revenue (FY, 2016)

13.2 m

Revenue growth (FY, 2015 - FY, 2016), %

104%

Gross profit (FY, 2016)

3.6 m

Gross profit margin (FY, 2016), %

27%

Net income (FY, 2016)

640.3 k

Cash (31-Dec-2016)

863.8 k
GBPFY, 2014FY, 2015FY, 2016

Revenue

3.9 m6.5 m13.2 m

Revenue growth, %

65%104%

Cost of goods sold

2.4 m4.9 m9.6 m

Gross profit

1.6 m1.6 m3.6 m

Gross profit Margin, %

40%24%27%

Operating expense total

1.1 m1.3 m2.9 m

Pre tax profit

404.7 k239.7 k701.1 k

Net Income

424.3 k171.9 k640.3 k
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Cash

161.1 k136.2 k1.8 m863.8 k

Accounts Receivable

91 k129.5 k161.2 k

Current Assets

252.1 k1.6 m3.3 m5.1 m

PP&E

15.5 k2.7 k2.4 m3.7 m

Goodwill

509.9 k

Total Assets

267.7 k1.6 m5.7 m9.4 m

Accounts Payable

248.5 k53.1 k101 k444.2 k

Current Liabilities

248.5 k1.1 m4 m6.8 m

Total Liabilities

720.7 k1.7 m5.5 m8.6 m

Retained Earnings

424.3 k171.9 k640.3 k

Total Equity

(453 k)(28.8 k)143.1 k783.5 k

Financial Leverage

-0.6 x-57.3 x39.7 x11.9 x
GBPFY, 2014FY, 2015FY, 2016

Income Taxes Paid

19.5 k(67.9 k)(60.7 k)
GBPY, 2016

Revenue/Employee

329.4 k

Financial Leverage

11.9 x

Love Energy Savings Online and Social Media Presence

Love Energy Savings Company Life and Culture

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