Everflow, the multi-utility supplier for UK businesses, has announced significant revenue growth and increased market share as it sets its sights on further expanding its multi-utility offering in 2023.
Throughout 2022, Everflow outperformed historic sales numbers, boosting revenues by 47.2% year-on-year and closing 2022 with a water market share of 5.35%. Customer premises served also hiked to 79,032, up 28% from the year before.
Powering this growth, Everflow bolstered its team with 54 new employees last year, expanding its workforce by 48.2% year-on-year.
Josh Gill, CEO at Everflow, comments:
“Last year marked a significant moment in Everflow’s journey as we expanded to become a multi-utility provider. By this, we mean offering a range of services across the utilities market to make things simpler and more affordable for SMEs. Rapid growth in new business and a staggering renewal rate of 96.9% serve as proof that our approach to managing utilities is working. We have ambitious plans for 2023 that will see us further expand our service offering, to continue simplifying utilities for businesses so they can focus on what matters most to them. We have a fantastic team of experts to drive forward our business during this period of growth.”
Everflow launched its multi-utility offering in 2022, with the introduction of a new waste services division. The service provides businesses across the UK environmentally friendly waste management and disposal services, with transparent pricing and a digital-first customer experience. The move chimes with Everflow’s mission to make utilities simpler, cheaper and more sustainable for business nationwide.
In 2023, Everflow plans to further expand its service offering to its SME customers by entering the telecoms market.
Josh adds: “In 2023, we want to embed multi-utility quoting and contracting within the business to truly drive efficiencies and make things simpler for our customers. This approach will save businesses money, allow them to plan more effectively and benefit from a broad range of expertise. Undoubtedly, this year promises to be another exciting one for us.”
