Manufacturer grows turnover by 80 per cent after innovating through Covid-19

By Boost Business Lancashire

05 Oct 2021

gary-and-eileen-vizard-energyace.jpg

A Lancashire company which manufactures energy management systems has set its sight on continued high growth following rapid expansion over the past 18 months.

Chorley-based EnergyAce manufactures energy saving systems, helping businesses to reduce costs and improve their carbon efficiency. The firm has grown around 80 per cent after developing a range of new products and services as its customer base was hit by Covid-19.

EnergyAce received support through the pandemic from Two Zero’s Scaleup Resurgence programme and the company has now set its sight on continued fast growth over the coming years.

Gary Vizard, managing director, EnergyAce, said: “We typically operated at a high price point when comparing our products with some foreign imports and when Covid-19 hit we found that many of our customers were less interested in orders due to strains on their own business.

“We identified a portion of the market which was reliant on imported products and suffering from supply chain issues. We were able to source cost effective components, made some modifications to how we manufactured and developed a new product to market to these companies on the basis that it was British manufactured.

“That has been the main driver of our growth.”

Before Covid-19 hit, EnergyAce was growing turnover at around 20 per cent per year. After an initial stunt in growth during the early weeks of Covid, the company recovered to record 80 per cent turnover growth for the 2020-21 financial year.

Two Zero is a Lancashire County Council led scaleup partnership and helps the leaders of Lancashire scaleup businesses realise their ambition by delivering programmes, providing access to inspirational and educational resources and opportunities to network with other scaleup leaders.

The Scaleup Resurgence programme was designed to support scaleup companies in Lancashire through the Covid-19 pandemic and return them to their scaleup trajectory as quickly as possible. Gary and the EnergyAce leadership team received guidance on cashflow, as well as the development of growth KPIs to help the firm return to growth.

“As part of the strategy, we worked with Two Zero to implement a new ERP system. We also received support through the programme to assess a number of finance options available during the pandemic and were granted a Coronavirus Business Interruption Loan Scheme (CBILS) loan. That really helped us to manage the downturn and invest in our future growth.”

EnergyAce is now focused on continuing its strong growth of at least 20 per cent year-on-year rise in turnover. To support its continued expansion, the company has grown staff numbers steadily over the past two years, with six new starters across a range of roles taking the company’s total employees to 17.

It is also developing new products for the export market as a catalyst for its future growth.

“We want to promote an EnergyAce product in a box type service which we can send anywhere in the world. The idea we are developing is that companies using the service can pay us a licence fee to help manage their energy management.”

County Councillor Aidy Riggott, cabinet member for economic development and growth, Lancashire County Council, said: “EnergyAce is a brilliant example of a company which is thriving in Lancashire. Scaleup companies are a vital part of our local economy and through Two Zero and our other support services, Lancashire County Council has invested to provide the best possible environment for these fast-growing firms.

“We hope we can continue to support EnergyAce as they progress on their inspiring business growth journey.”

For more information about Two Zero, please visit: https://www.twozerolancs.com/

Latest news

1

PM urged not to retaliate over tariffs Manufacturing

PM urged not to retaliate over tariffs

03 Apr 2025

2

CMAC Group appoints Matthew Ratcliffe as chief operating officer Matthew Ratcliffe CMAC

CMAC Group appoints Matthew Ratcliffe as chief operating officer

03 Apr 2025

3

For sale signs at The Villa Villa Wrea Green has been brought to market (Image credit: The Villa Wrea Green)

For sale signs at The Villa

02 Apr 2025

4

Montane group expands with new Lancashire hub Anthony Rae Scott Murcott And Adam Lee

Montane group expands with new Lancashire hub

02 Apr 2025

5

Trio of wins for Lancaster brand and digital consultancy Tom Grattan MD and Daniel Wallace

Trio of wins for Lancaster brand and digital consultancy

02 Apr 2025

Pc Prestonmacan Gif980x120 March
Background image for hub sign up block

LBV Hub

Leverage Lancashire Business View platforms

Post your news
Post your events
Post your offers
Build your network
Improve your SEO
Gain coverage in the magazine
Sign-up
Events
Lancashire Net Zero Carbon Conference
Net Zero Carbon Social 1200px
Networking
18 Jun 2025

Lancashire Net Zero Carbon Conference

Crow Wood Hotel & Spa Resort, Burnley, BB12 0RT

08:30 - 13:00

CMI Level 5 Management and Leadership Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Management and Leadership Course

Preston Campus, Preston , PR1 2HE

09:00 - 17:00

CMI Level 5 Project Management Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Project Management Course

Preston Campus, Preston, PR1 2HE

08:00 - 17:00

RISE - The Academy for Female Leaders and Managers
WENDY BOWERS RISE Illustrstion copy.jpg.jpg
LBV Hub Seminars
02 Apr 2025 - 08 Oct 2025

RISE - The Academy for Female Leaders and Managers

East Lancashire Chamber of Commerce, Clayton le Moors, BB5 5JR

09:00 - 15:30

Lancashire Business Expo 2025
https---cdn.evbuc.com-images-880395853-4862066883-1-original.20241022-091152-2.jpeg.jpg
LBV Hub Exhibitions
04 Apr 2025 - 04 Apr 2025

Lancashire Business Expo 2025

Sir Tom Finney Sports Centre, Preston, PR1 2HE

09:00 - 15:00

The Business Network Central & East Lancashire
LBV Hub Networking
24 Apr 2025 - 24 Apr 2025

The Business Network Central & East Lancashire

Stanley House, Blackburn, BB2 7NP

11:30 - 14:15

People Power: Exclusive Event Series
Stay ahead in 2025.jpg.jpg
LBV Hub Seminars
29 Apr 2025 - 29 Apr 2025

People Power: Exclusive Event Series

People's History Museum, Manchester, M3 3ER

17:00 - 21:00

Planning for the future + navigating Inheritance Tax changes
Planning for the future + navigating Inheritance Tax changes for website.png.png
LBV Hub Seminars
01 May 2025 - 01 May 2025

Planning for the future + navigating Inheritance Tax changes

Stanley House Hotel, Mellor, Blackburn, BB2 7NP, Blackburn, BB2 7NP

08:00 - 10:30

A night at the races
1.png.png
LBV Hub Dinners / Balls
02 May 2025 - 02 May 2025

A night at the races

Morecambe FC, Morecambe, LA4 4TB

19:00 - 23:59

Innovating business solutions through PhD Partnerships
30478 Skills Bootcamp open day setting.jpg.jpg
LBV Hub Networking
07 May 2025 - 07 May 2025

Innovating business solutions through PhD Partnerships

University of Central Lancashire, Preston , PR1 2HE

14:30 - 15:30

Celebrating 50 years of KTP
UCLanAerialCampus.jpg.jpg
LBV Hub Networking
07 May 2025 - 07 May 2025

Celebrating 50 years of KTP

University of Central Lancashire , Preston, PR1 2HE

16:00 - 18:00

Research and Knowledge Exchange Showcase
13421_research_knowledge_exchange_2025_600x300.jpg.jpg
LBV Hub Awards
07 May 2025 - 08 May 2025

Research and Knowledge Exchange Showcase

University of Central Lancashire , Preston, PR1 2HE

09:00 - 17:00

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more Lbv121 Online Graphic
Subscribe now

Weekly news bulletin