Company Revenue

 

According to the most recent accounts (March 31st, 2010), revenue has increased by 33% to £369.1 million. The company has pre-tax profits of £18.2 million, with dividends up by 25% to 22p. Distributor commission payments were £13 million.


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Utility Warehouse Discount Club

British discount provider of utilities (gas, water, electricity, telephone) to small and medium-sized businesses.
Industry:  MLM, Direct Sales, Telecommunications, Energy, Finance and Money
Website:  http://www.utilitywarehouse.co.uk

Headquarters:  
Dryden House, The Edge Business Centre Humber Road
London NW2 6EW
United Kingdom
Phone: 0800-1313000

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About Utility Warehouse

The Utility Warehouse Discount Club was formed in 2005, to help small and medium-sized businesses save money and time when paying their utility bills (gas, water, electric, phones and so on). Utility Warehouse Discount Club is operated by Telecom plus PLC (Public Limited Company), a company formed in 1997and listed on the London Stock Exchange since 2000. 

Currently the company provides utilities for over 300,000 British homes and small businesses, claiming to offer savings between 20-30% on utility bills. The company is currently only operational in Great Britain, with no plans to expand to the international market in the near future. 

The company does not advertise, claiming to pass the resulting savings are passed onto its customers. It does have an independent representative program, which has some notable representatives like the NUT (the British National Union of Teachers).  Those interested in becoming independent representatives are asked to contact the company headquarters – or another independent representative – for more information. 

The company employs over 450 staff in its London offices, with a network of over 35,000 independent representatives.

Utility Warehouse Services

The Utility Warehouse Distcount Club does not offer products, but services that work to reduce the size of homeowners’, small and medium-sized companies’ utility bills. The service is not available to large businesses. The company also offers an internet service, discount shopping and cashback cards. Its primary focus, however, is on utility bills.

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Utility Warehouse Headquarters:  London, United Kingdom

Utility Warehouse Last Updated: Jul 20, 2010, 1:35pm