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

New India branch campus on the horizon for Lancaster University Keir Starmer meets Indian PM and included Prof Simon Guy Lancaster University. Pic Simon Dawson

New India branch campus on the horizon for Lancaster University

09 Oct 2025

2

Best events and talented students complete finalists list for Lancashire Tourism Awards 2026 Best Events and Talented students on Lancashire Tourism Awards finalist list

Best events and talented students complete finalists list for Lancashire Tourism Awards 2026

09 Oct 2025

3

East Lancashire Learning Group named UK digital transformation leader in CIO 100 Awards Andrew Dewhurst with the award win

East Lancashire Learning Group named UK digital transformation leader in CIO 100 Awards

09 Oct 2025

4

PHX Training appoints new business leader in Blackpool Jason Davenport PHX Training

PHX Training appoints new business leader in Blackpool

09 Oct 2025

5

Velocity seals Airbus extension worth up to $54m Velocity Composites Has Announced Its Entry Into The Us Market

Velocity seals Airbus extension worth up to $54m

08 Oct 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
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

Help to grow management course
Help to grow - barriers to growth.png.png
LBV Hub Seminars
26 Sep 2025 - 16 Dec 2025

Help to grow management course

Preston Campus , Preston , PR1 2HE

09:00 - 15:00

Empowering Franchise Growth in the North West
Empowering Franchise Growth in the North West event
LBV Hub Seminars
09 Oct 2025 - 09 Oct 2025

Empowering Franchise Growth in the North West

Forbes Solicitors, Sceptre Way, Walton Summit Centre, PR5 6AW, PR6 6AW

08:00 - 10:00

Empowering franchise growth in the North West
TFA Event - Empowering Franchise Growth.jpg.jpg
LBV Hub Seminars
09 Oct 2025 - 09 Oct 2025

Empowering franchise growth in the North West

Forbes Solicitors Sceptre Way Walton Summit Centre , Preston, PR5 6AW

08:00 - 10:00

Advantage: AI – A Workshop for Business Leaders – Oct 10th
Ai 10.10.png.png
LBV Hub Seminars
10 Oct 2025 - 10 Oct 2025

Advantage: AI – A Workshop for Business Leaders – Oct 10th

Door4 Office, Burnley Wharf, Burnley, BB11 1JG

09:00 - 12:00

The New Employee Rights Landscape: Day One Compliance Essentials
EventBrite NORi - 15th Oct 2025 Webinar.png.png
LBV Hub Webinar
15 Oct 2025 - 15 Oct 2025

The New Employee Rights Landscape: Day One Compliance Essentials

Microsoft Teams, Microsoft Teams, PR253XH

13:30 - 15:00

Unlocking major project opportunities in the North West
Lancs-cham-logo.jpg.jpg
LBV Hub Seminars
15 Oct 2025 - 15 Oct 2025

Unlocking major project opportunities in the North West

Strathmore Hotel, Morecambe, LA4 5AP

08:00 - 10:00

October Freelancer Meet-Up
LBV Hub Networking
16 Oct 2025 - 16 Oct 2025

October Freelancer Meet-Up

Society1, Coworking Space, Preston, PR1 3LT

10:00 - 11:30

The Autumn Re set - pour me a wine
LBV Advert_Autumn Reset 1200 x 630px.png.png
LBV Hub Networking
16 Oct 2025 - 16 Oct 2025

The Autumn Re set - pour me a wine

The Artistry House , Preston , PR1 3JJ

17:30 - 19:30

The Business Network Central & East Lancashire
LBV Header (26).png.png
LBV Hub Networking
16 Oct 2025 - 16 Oct 2025

The Business Network Central & East Lancashire

Stanley House, Blackburn, BB2 7NP

11:30 - 14:15

Women scaling up Blackpool Fylde and Wyre
LBV Hub Seminars
22 Oct 2025 - 09 Jan 2026

Women scaling up Blackpool Fylde and Wyre

The Small Business Academy, Blackpool, FY4 5JX

09:30 - 15:30

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 LBV124 Online Graphic
Subscribe now

Weekly news bulletin