Top 100: Inflation saps strength but not optimism from UK Power Solutions’ financials

A sizable uplift in orders has given a Gloucestershire-headquartered business that connects utilities for leading UK housebuilders and construction firms confidence in future growth.

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You might have thought an 11 per cent increase in orders, confidence in future growth and being cited as a big factor in its parent firm’s incredible £147 million turnover would be cause to celebrate.

There were jobs created in 2023 too, with headcount rising from 374 to 412 at Stonehouse-headquartered UK Power Solutions, but one key factor outside its control rather took the gloss off the business’s incredible achievements.

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