Chief executive Stephen Fitzpatrick, 40, started Bristol-based energy provider Ovo in 2009 and has grown it to become a supplier of more than 890,000 households nationwide. It is investing in technology designed to manage energy demand, including chargers that enable electric vehicles to share power with the grid and a home energy storage battery that could help reduce household electricity bills.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
Year2018
Rank76
CompanyOvo Energy
ActivityEnergy supplier
LocationBristol
Sales £m*822
Profit £m*18
Year endDec 17
Principal shareholdersStephen Fitzpatrick (75%), Mayfair Private Equity (17%), others (8%)
Staff1,439
Founded2009
Websitewww.ovoenergy.com

If applicable:

* Supplied by company † Annualised figure