Why Invest?
Long-term partnerships combined with a high quality customer base results in predictable, growing earnings while as a business we are highly cash generative due to being capital light. We pursue a progressive distribution policy with a pay-out of 80-90% of adjusted net income.
Key Statistics
Numbers related to 12 months ended 31 March 2026
Stuart Burnett – CEO
“Telecom Plus has built a unique business, helping households by putting all their household bills – energy, mobile, broadband, insurance, on one platform in a multiservice package, saving them time and money. Over the last 30 years we have built a network of 80,000 Partners who introduce this multiservice offering to new customers, typically their friends, family and members of their local community.
These multiservice customers are the strongest driver of long-term value, staying with us for longer and generating higher returns and this model has now delivered five consecutive years of record results and more than 1.4 million customers.
We will continue to build on our leading position in multiservice customers by investing behind the proven strengths of our model as well as outlining some of the encouraging results from our trial initiatives already underway. Successful delivery of our 5 year plan will more than double our multiservice customer base to over 1 million customers by FY31, enhance the quality and resilience of our earnings and result in attractive long-term returns for shareholders.”
About Telecom Plus
We trade as Utility Warehouse and currently have over one million customers nationwide. Utility Warehouse is the UK’s only genuine multiservice provider, meaning our customers can bundle together their energy, broadband, mobile and insurance, helping them to save on their household bills.
Latest Results at a Glance
With a track record of long-term, sustainable growth over the last two decades, and with our most recent financial results being our best ever, our medium-term ambition is to welcome an additional one million customers.
