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Utilitywise (AIM:UTW) is a leading independent utility cost management consultancy, providing market-leading energy services designed to assist its customers in achieving better value from their energy contracts, as well as enabling reduced energy consumption and a lower carbon footprint. The Group’s comprehensive offering services c.40,000 clients from SMEs to multinationals across the UK and is expanding its services into Europe. The Group operates from its headquarters at Cobalt Business Park in North Tyneside and currently employs approximately 1,500 colleagues across its operations.

Founded in 2006 as a utility services broker, Utilitywise listed on AIM in 2012. The Group has bolstered its expertise and offering through the acquisition of complementary businesses, such as Clouds Environmental Consultancy, Aqua Veritas Consulting, Energy Information Centre and t-mac Technologies. More recently, the Group announced a significant partnership with Dell to further advance its energy services offering.

Shareholders include:

Woodford – 29.16%
Geoffrey Thompson – 10.91%
River & Mercantile – 6.13%
Miton AM – 3.89%


Simon Waugh (NE Chairman)
Experience includes 7yrs as Sales & Marketing Dir. at Centrica, CEO Centrica Financial Services, and Deputy MD, British Gas.

Brendan Flattery (CEO)
13 years at The Sage Group, roles including CEO, UK & Ireland.. Also held senior positions at Yates Group, Intercare & Park Group.

Brin Sheridan (MD, Corporate)
Ex MD at The Energy Solutions Group. Previously held UK and European leadership positions with Satchwell Control Systems and Schneider Electric.

Richard Laker (CFO)
Former Group FD, Augean plc. Previously held senior finance roles at Northgate plc from 2004-14.

Kathie Child-Villiers (Snr Ind Dir.)
8yrs as MD, Resources & Energy at HSBC & MD, Energy & Power Group at Merrill Lynch. Also NED Bank of Montreal Cap. Mkts & Constantine Group plc.


Cost of Sales(61,167)(51,638)
Admin expenses(38,470)(20,947)
Profit/ (Loss) from operations(31,440)1,382
Profit/ (Loss) for the year(27,183)501
Cash & cash equivalents 10,07612,237
Total assets80,74996,120
Total liabilities(96,390)(79,790)
Net assets/ (liabilities)(15,641)16,330

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