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Birmingham Post
Birmingham Post
Technology
David Laister

Myenergi generates strong returns on phenomenal 216 per cent growth

The first fully published accounts for rapidly expanding Grimsby company Myenergi have revealed a strong return on stratospheric growth.

The manufacturer of a range of renewable products to aid self-consumption, went from sales of £17 million to a staggering £53.8 million in the year to May 31. It saw it rapidly rise from small company status to full blown reporting, with an operating profit of £15 million generated.

Having moved to a state-of-the-art headquarters at Stallingborough’s Pioneer Business Park, it is now building a huge manufacturing facility at the gateway site on the South Humber Bank, with demand for its range - including the flagship Zappi electric vehicle charger - defying all early expectations.

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