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

Management buyout at Suresite Group Steve Holden

Management buyout at Suresite Group

17 Oct 2025

2

Meet the influencers who have generated £2m sales for one company Helen and Richard Chalu new

Meet the influencers who have generated £2m sales for one company

16 Oct 2025

3

WHN strengthens position in prestigious legal guide Daniel Long

WHN strengthens position in prestigious legal guide

16 Oct 2025

4

Warden appoints new commercial manager to strengthen project delivery and growth Peter Heskine

Warden appoints new commercial manager to strengthen project delivery and growth

16 Oct 2025

5

Stockley's finds its sweet spot Stockley's front view

Stockley's finds its sweet spot

15 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

RISE - Lancashire's unique leadership programme for women
thumbnail_Emma Weston Illustration WENDY BOWERS RISE Illustrstion.jpg.jpg
LBV Hub Seminars
22 Oct 2025 - 18 Mar 2026

RISE - Lancashire's unique leadership programme for women

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

09:30 - 15:30

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

HR Essentials for pubs, bars and licensed venues
EventBrite NORi - 22nd Oct Webinar.png.png
LBV Hub Webinar
22 Oct 2025 - 22 Oct 2025

HR Essentials for pubs, bars and licensed venues

Online - Teams, Leyland, PR253XH

13:30 - 15:00

Chamber Business Lunch – October
LBV Hub Networking
24 Oct 2025 - 24 Sep 2025

Chamber Business Lunch – October

Lancaster Golf Club, Lancaster, LA2 0AJ

11:00 - 13:30

North West Business Expo 2025
https---cdn.evbuc.com-images-880456273-4862066883-1-original.20241022-105445.jpeg.jpg
LBV Hub Exhibitions
24 Oct 2025 - 24 Oct 2025

North West Business Expo 2025

Bolton Stadium Hotel, Bolton, BL6 6SF

09:00 - 15:00

Lancaster District Business Support Expo
Lancs-cham-logo.jpg.jpg
LBV Hub Networking
29 Oct 2025 - 29 Oct 2025

Lancaster District Business Support Expo

The Platform, Morecambe, LA4 4DB

10:00 - 15:00

Chamber Breakfast Networking – November
Lancs-cham-logo.jpg.jpg
LBV Hub Networking
06 Nov 2025 - 06 Nov 2025

Chamber Breakfast Networking – November

Porsche Centre South Lakes, Carnforth, LA6 1FW

08:30 - 10:30

Lancashire Police business update with The Police and Crime Commissioner
Lancs-cham-logo.jpg.jpg
LBV Hub Roundtables
10 Nov 2025 - 10 Nov 2025

Lancashire Police business update with The Police and Crime Commissioner

Lancaster Castle, Lancaster, LA1 1YN

14:00 - 16:00

Beyond the Brand: Building trust through values and integrity
1.png.png
LBV Hub Networking
11 Nov 2025 - 11 Nov 2025

Beyond the Brand: Building trust through values and integrity

Society1, Coworking Space, Preston, PR1 3LT

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 LBV124 Online Graphic
Subscribe now

Weekly news bulletin