Executive Summary
eaga is the UK's leading provider of residential energy efficiency solutions. From a base as the leading deliverer of UK governments' fuel poverty programmes, underpinned by over 15 years' experience of dealing with the most vulnerable groups in society, eaga has built a successful and sustainable business. More recently, the company has built a national footprint of 30 key locations and has diversified to become a leading provider of residential energy efficiency measures for utility companies under the Energy Efficiency Commitment (EEC), and a large and rapidly growing supplier into the social housing sector.
Company History
- eaga was established in Newcastle upon Tyne in 1990 to administer the Home Energy Efficiency Scheme (HEES) which provided government funded grants for low income households to improve the energy efficiency of their homes.
- eaga was restructured into an employee owned limited company in 2000 (the eaga Partnership Ltd, 100 percent owned by an Employee Benefit Trust and modeled on the UKs largest employee owned company, the John Lewis Partnership).
- eaga’s profitability was transformed in 2005 after the company repositioned itself from programme manager to end-to-end service provider following a rewin of all four areas of the Government's flagship fuel poverty scheme, Warm Front. The company built up its internal delivery capacity through the acquisition of leading insulation installers, Millfold (now eaga Home Services) in April 2005 and Everwarm in May 2006 and by organically building Iguana, one of the UK’s leading domestic boiler installation businesses.
- The acquisition of HEAT (ranked number 10 in the Sunday Times Top 100 Companies to Work for 2007 ) in December 2006 significantly increased eaga’s presence in the social housing market, where it is rapidly becoming a leading player.
Current Events
- An additional £150m ($225m) was pledged in last month’s pre-Budget report to the Warm Front Scheme – the UK government’s main policy instrument for tackling fuel poverty – which the Company is responsible for delivering.
Business Model
Products/Services
Segments/Customers
Production/Operations
Distribution/Routes to Market
Market & Competition
Market Share
Main Competitors
Competitive Strengths and Weaknesses
Management
Financials
Profit & Loss
Balance sheet
Cashflow
Valuation
Comparable Companies
SWOT Analysis
Strengths
Weaknesses
Opportunities
Threats
…
