London-based Regent Gas was founded in 1996 by Nandlal and Deep Valecha with an investment of £30,000. The company buys natural gas on the wholesale market, and sells it on to customers, most of whom are on long-term contracts of over 12 months. The firm has more than 4,000 customers, who generally operate in the commercial and industrial sectors, and range from large firms to small businesses such as pubs, hotels and nursing homes. By keeping overheads low, the business has managed to become more competitive and has increased profits by 96% a year, from £1.2m in 2008 to £9m in 2011.
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