News

Kinesis & Opus Energy

  • Written By: Ben Mitchell
  • Published: Fri, 05 Oct 2018 13:45 GMT

Kinesis Ltd

Kinesis is an award-winning leading international supplier and servicer of chromatography, liquid handling, sample storage and medicinal chemistry consumables and equipment. Kinesis products are used extensively in the Pharmaceutical, Environmental, Forensic, Life Sciences, Food, Biotechnology and Academic Markets.

Kinesis has international reach with offices in Australia, Germany, USA and Italy plus a network of international distributors. Kinesis works with industry leading manufacturers, many on a global exclusive or preferred supplier basis. The UK facility houses state of the art processes for the pre-alignment of deuterium lamps, which have helped it become the world’s largest third-party provider.

In fewer than three years, Kinesis annual turnover has doubled from £7.2 million in FY14-15 to £14.5 million. Export sales grew by over 120% and net profit increased by a phenomenal 1241% from £82K to £1.1 million.

Kinesis: “We have seen continued, sustained healthy growth both in the UK and overseas over the past few years, coupled with a clear, robust strategy for continued growth over the coming period. We attribute our success to building on the cornerstones of our business strategy year on year.”

Smith & Williamson: “Kinesis is a leading example of a company that has scaled up, expanding its reach internationally while remaining headquartered in the UK. It still has ample opportunity for further healthy growth within its highly specialised sector. Customer engagement has been key to this growth, with a focus on providing multi-lingual communication to support ongoing growth and sustainability.”

Opus Energy

Opus Energy is a business energy supplier, supplying gas and electricity to UK businesses as well as supporting renewable generators by buying back their excess energy. It serves a predominantly SME customer base, ranging from local newsagents to larger multi-site companies like Halfords, providing both renewable and non-renewable energy.

Opus purchases electricity from wind, solar, hydro, and AD generators, and provides support to develop energy-generating sites. The firm is forecast to increase turnover by almost 50% by the end of this financial year, employing over 800 people. It is headquartered in Northampton with an additional office in Oxford. Opus Energy Limited operates as a subsidiary of Opus Energy Group Ltd.

Opus Energy: “When it comes to achieving high growth, we have thrived thanks to a long range strategic plan - delivering impressive results on four fronts: financial turnover, personnel growth, continuous product development and an ever-increasing customer base. We have shown ourselves to be a true market leader, making buying energy a straightforward process while challenging the traditional offering from the historically dominant suppliers.

Smith & Williamson: “We were impressed with Opus Energy’s expansion in a sector typically controlled by large suppliers, and a seemingly homogenous product. The firm has managed to differentiate themselves to gain new clients and keep them happy as longer term customers. Renewable energy is said to contribute to over 50% of energy consumed by households and businesses in the UK today, so the ability to combine this clean energy offering with the traditional sources will no doubt help them scale up.”

DISCLAIMER
By necessity, this briefing can only provide a short overview and it is essential to seek professional advice before applying the contents of this article. No responsibility can be taken for any loss arising from action taken or refrained from on the basis of this publication. Details correct at time of publication.

Notes to editors
Smith & Williamson is an independently owned financial and professional services group. The firm is a leading provider of investment management, financial advisory and accountancy services to private clients, professional practices, entrepreneurs and mid-to-large corporates. The group’s c1,700 people operate from a network of twelve offices: London, Belfast, Birmingham, Bristol, Cheltenham, Dublin (City and Sandyford), Glasgow, Guildford, Jersey, Salisbury and Southampton.

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