Insulation and low carbon heating provider eyes rapid expansion

By Boost Business Lancashire

13 Jun 2022

shaun-turner-zak-khan-jason-kingston.jpg

A fast-growing Lancashire company providing energy-efficient and renewable heating systems, insulation and electric vehicle charging points has signalled its intention to give back to the county as it aims to double in size in the next year with support from Lancashire County Council.

Euro Energy Group, based in Accrington, grew from £450,000 turnover to £1.2m between 2019 and 2021. It is now hoping to grow to £3m turnover in the next year as part of its strategy to reach £19m in three years.

This will include increasing its staff base from about 25 employees to 50 over the coming years.

The company, which is led by brothers Immy Valentino and Zak Khan, has received support from Two Zero, Lancashire County Council’s scaleup support service.

It took part in the Scaleup Resurgence programme in 2020, which was designed to help Lancashire’s fast-growing companies recover quickly following Covid-19. The company is now taking part in a new Two Zero programme, the Scaleup Leaders Network, to help achieve its goals.

Zak Khan, managing director, Euro Energy Group, said: “We grew quite rapidly but we did not have the structures and processes in place for continued growth. Working with Two Zero helped us to do that, we now have a growth trajectory to take us to the next level.”

“The support has been invaluable and we’re looking forward to further support through the Scaleup Leaders Network.”

The company’s leadership team worked particularly closely with John Woodruffe, director at business growth consultancy Cube Thinking, which delivered the Scaleup Resurgence programme.

Zak said: “John is an expert on quality control and that allowed us to ensure we kept our service level high while preparing the business for continued growth. We worked with John on a one-to-one basis and also in a group with the management team.”

The business has signalled its intention to use its growth to give back to the local community in Lancashire.

“We don’t just want to grow for us,” added Zak. “We want to give back and as our profits grow, we want to give more to good causes. We are going through the process of starting a charity and we also want to grow to give back to our staff.”

Two Zero is a business support service for scaleup business leaders in Lancashire. Led by Lancashire County Council, its mission is to help Lancashire’s scaleup leaders learn, grow their business 20% and create jobs.

Two Zero’s Scaleup Leaders Network builds on the success of the Scaleup Resurgence programme and is currently open for applications.

It aims to develop the leadership mindset and scaleup strategies of those on the programme through one-to-one coaching, group masterclasses on key topics and by providing facilitated peer learning to help them build long-lasting networks of likeminded business leaders.

The programme will help participants develop robust strategies for accessing finance and environment, social and governance (ESG). They will also learn to develop and refine their overall scaleup business strategy and will receive support to improve business performance throughout the programme.

Euro Energy Group is also working with Boost; Lancashire’s Business Growth Hub. The company is receiving coaching through the Boost Bespoke programme to further develop its three-year strategy and ensure it achieves its ambitions.

County councillor Shaun Turner, cabinet member for environment and climate change, Lancashire County Council, said: “The funding Lancashire County Council gives to support businesses in Lancashire is designed to benefit everyone.

“It’s great to see that the growth of Euro Energy Group’s business will help deliver a more sustainable, low carbon future for Lancashire but also that the company intends to give back to its local community as it grows. I’m looking forward to continuing to follow Zak and Immy’s great success story.”

To find out more about the Scaleup Leaders Network, visit the Two Zero website.

Latest news

1

Lockheed Martin Skunk Works and BAE Systems’ FalconWorks announce strategic collaboration Collaboration between BAE Systems FalconWorks and Lockheed Martin Skunk Works

Lockheed Martin Skunk Works and BAE Systems’ FalconWorks announce strategic collaboration

09 Sep 2025

2

High street retailers urged to ‘take advantage’ of new funded support programme Brian Moore, Lee Johnson, Anne Williamson and Andrew Leeming

High street retailers urged to ‘take advantage’ of new funded support programme

08 Sep 2025

3

Beaverbrooks invest in the high street in difficult conditions Mark Adlestone And Anna Blackburn Beaverbrooks

Beaverbrooks invest in the high street in difficult conditions

08 Sep 2025

4

Preston City Council invests £250,000 in NW Mutual NW Mutual chief exec Dave Burke and Valerie Wise and Matthew Brown from Preston City Council

Preston City Council invests £250,000 in NW Mutual

08 Sep 2025

5

Profit before tax doubles for Eric Wright Group in latest results Jeremy Hartley

Profit before tax doubles for Eric Wright Group in latest results

08 Sep 2025

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
Sub36 Networking - Follow the signs
Sub36 Deaf Village Social1200
Networking
17 Sep 2025

Sub36 Networking - Follow the signs

The Deaf Village, Blackburn, BB2 5EN

10:00 - 12:00

LBV124 September/October Launch Event
MBP Arc Cinema Preston Opening 205
Networking
18 Sep 2025

LBV124 September/October Launch Event

The Arc Cinema, Preston, PR1 2BL

08:30 - 10:30

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

Longridge Soap Box Derby
Screenshot 2025-06-10 090035.png.png
LBV Hub Fundraisers
14 Sep 2025 - 14 Sep 2025

Longridge Soap Box Derby

Berry Lane, Longridge, PR3 3WH

10:00 - 16:30

Preston Tech Connection - The Ultimate Tech Quiz!
Preston Tech Connection Sept 25.png.png
LBV Hub Networking
16 Sep 2025 - 16 Sep 2025

Preston Tech Connection - The Ultimate Tech Quiz!

Society1, Coworking Space, Preston, PR1 3LT

18:00 - 19:00

The Business Network Central & East Lancashire
LBV Hub Networking
17 Sep 2025 - 17 Sep 2025

The Business Network Central & East Lancashire

Stanley House, Blackburn, BB2 7NP

11:30 - 14:15

Cumbria Business Expo 2025
https---cdn.evbuc.com-images-880461633-4862066883-1-original.20241022-110415.jpeg.jpg
LBV Hub Exhibitions
19 Sep 2025 - 19 Sep 2025

Cumbria Business Expo 2025

Carlisle Racecourse, Carlisle, CA2 4TS

09:00 - 15:00

Your Business, Your Region: Making sense of devolution and Local Government Reorganisation
Chorley Council breakfast event new
LBV Hub Networking
23 Sep 2025 - 23 Sep 2025

Your Business, Your Region: Making sense of devolution and Local Government Reorganisation

Worden Hall, Leyland, PR25 3DH

08:00 - 11:00

Preston Freelancer Meet-Up: September
Sept Freelancer (1).png.png
LBV Hub Networking
23 Sep 2025 - 23 Sep 2025

Preston Freelancer Meet-Up: September

Society1, Coworking Space, Preston, PR1 3LT

10:00 - 11:30

Speed Networking with BNI
2.png.png
LBV Hub Networking
24 Sep 2025 - 24 Sep 2025

Speed Networking with BNI

Chorley Football Club, Chorley, PR7 3DU

16:00 - 19:00

The Marketing Meetup IRL: Lancashire - September
TMM Lancashire
LBV Hub Networking
25 Sep 2025 - 25 Sep 2025

The Marketing Meetup IRL: Lancashire - September

Chorley, PR7 2SL

18:00 - 20:00

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 LBV 123 Online Graphic
Subscribe now

Weekly news bulletin