Promising to always beat the standard tariffs offered by the big six energy suppliers, First Utility has tripled its customer base over the past year and saw sales and profits double. The Warwick firm now provides gas and electricity to 200,000 consumers and small businesses. Darren Braham, 47, Marcus Citron, 50, and Mark Daeche, 50, set up First Utility in 2003 and Ian McCaig, 47, became chief executive last year.

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Company details
Year2013
Rank224
CompanyFirst Utility
ActivityEnergy supplier
LocationWarwick
Sales £m146.5
Operating profit £m1.7
Main shareholdersManagement and employees (61%), Morgan Stanley (10%), other (29%)
Staff225
Founded2006
Websitewww.first-utility.com

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda