The Sunday Times Virgin Fast
Track 100 is a business league table which ranks
Britain's one hundred private companies with the
fastest growing sales over the last three years.
This years' league table features a diverse cross
section of companies and includes many household
names such as Innocent drinks, Gü chocolate
puddings, Tyrells potato chips and
Abel & Cole, the organic produce home delivery
company.
Facts and Figures
• Power On was founded only four years ago
and currently employs 83 staff
• Power On works in competition with the traditional
distribution electricity utility companies across
central England
• The company has reported orders won in excess
of
£18 million for 2006/07
• Power On achieved a record turnover of £11.1
million this year; up from £6.9 million in
2006.
• Power On was the first company in the UK
to gain full accreditation under the new two stage
partial accreditation scheme for Independent Connections
Providers (ICP) in 2003
• Power On has recently opened two new depots
in Staffordshire and South Yorkshire to continue
with this organic growth
• Recent contract wins include building a new
33kV primary sub station for a major developer Andrew
Springhall, Finance Director commented; "We
are absolutely delighted that Power On has been ranked
72nd in this prestigious league. It is a level of
national recognition which everyone involved in the
business can be proud.
"We believe that the company is in a strong
position to continue to grow rapidly over the next
twelve months in line with its strategy of being
the main alternative to the DNO (distribution electricity
utility); this is a direct result of the electricity
connections market continuing to open up to effective
competitive activity.
"The business development strategy remains focused
on high levels of customer service - building on
our strong market position and long term customer
relationships. The company will also continue to
invest heavily in the training and development of
employees, as one of Power On's strengths is the
recruitment and retention of quality staff."
To date Power On Connections
has provided new connections with a total capacity
in excess of 400MW for over 150 clients.
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