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One of Europe's fastest growing companies announces plans to double workforce


By
Rachel Conner-Hill
echorachelc
Chief Reporter (Tees Valley & North Yorkshire)
From left, Abu Ali, James Cleave, Alexandra Gent
A NORTH-East business which was recently named as one of the fastest growing in Europe has revealed plans to top £240m turnover within the next five years while also doubling its workforce.
Everflow Group, which aims to make utilities simple for customers, was established in 2015 and has seen strong growth since.
Now employing 85 people, from four in 2016, the Wynard-based company has increased turnover from £272,000 to nearly £50m in three years.
Now, the business – which comprises business water retailer Everflow Water and software company Everflow Tech – is looking at its next phase of growth, with plans to reach annual revenues of over £240m by 2026, doubling its headcount in tandem. ....

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