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Hot 100 2013 – 48: Vital Holdings

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The basics

Company name: Vital Holdings
What they do: Energy generation and distribution
Headquarters: Blackburn
The Boss: Gary Fielding and Ian Whitelock

The financials

Latest turnover (£,000): 50,659
Four-year compound sales growth (%): 35
Latest Ebitda (£,000): 3,873

The details

Through its Vital Energi business, Vital Holdings has grown sales from £20.6m to £50.7m in four years. Vital Energi is developing new sustainable ways of supplying the heat and power that Britain needs, for example through combined heat and power solutions. Clients include BAA Heathrow Airport, The University of York, MediaCityUK and the Commonwealth Games 2014 among others.

Ian Whitelock, the company’s joint MD says the Vital’s engineers are leading the charge. “Our engineers are technically the best in the country and provide the highest levels of customer care while ensuring optimum performance of the plant and equipment in their care. We’ve built a strong reputation in the market for providing a high-quality service and for surpassing its energy savings and CO2 emissions targets for clients.”

A compound growth rate of 35 per cent over four years has given the company a pre-tax profit of £3.9m.

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