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Utility Warehouse

Utility Warehouse is a UK multiservice provider selling bundled energy, broadband, mobile, and insurance products through an independent partner (network marketing) distribution model.

Founded2002
HeadquartersLondon, United Kingdom
CategoryMultiservice utilities (energy, broadband, mobile, landline, home insurance)

Overview

Utility Warehouse is a British consumer services company that bundles gas and electricity, broadband, mobile, landline, and home insurance into single household accounts. Utility Warehouse Limited (company number 04594421) was incorporated on 19 November 2002 as a wholly owned subsidiary of Telecom Plus plc, a company founded in 1996 in Henley-on-Thames that began as a mobile reseller. Utility Warehouse is regulated in its relevant markets by Ofgem, Ofcom, and the Financial Conduct Authority. The company distributes its services primarily through a network of independent "Partners" who sign up customers and earn commission on their accounts, rather than through conventional retail advertising alone; Utility Warehouse's own website currently references over 70,000 UK-wide Partners. Telecom Plus plc is listed on the London Stock Exchange (ticker TEP) and is a constituent of the FTSE 250 Index. Utility Warehouse operates only in the United Kingdom, reports serving over one million customer accounts, and its registered office is at Network HQ, 508 Edgware Road, The Hyde, London NW9 5AB (Colindale, North London).

Company details

OwnershipSubsidiary of Telecom Plus plc (public, London Stock Exchange, FTSE 250) (TEP)
CompensationUnilevel-style network marketing (independent Partners earn commission on their own and recruited Partners' customer accounts)
ScaleParent company Telecom Plus plc reports 1,400+ employees; Utility Warehouse's own website currently states it has over 70,000 UK-wide independent Partners (a materially higher figure than the ~41,717 last cited in 2017 press reporting), but no single authoritative current headcount is published
HeadquartersNetwork HQ, 508 Edgware Road, The HydeLondon, Colindale, North London, NW9 5ABUnited Kingdom
Key marketsUnited Kingdom
Social
Sources: Utility Warehouse official site, Telecom Plus PLC, About Utility Warehouse, Companies House, Utility Warehouse Limited (04594421), Wikipedia, Utility Warehouse, Wikipedia, Telecom Plus, Utility Warehouse contact page, Utility Warehouse LinkedIn

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