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Home / Network Marketing Company Utility Warehouse

Network Marketing Company Utility Warehouse

Network Marketing Company Utility WarehouseNetwork Marketing Company Trading as the Utility Warehouse, Telecom plus PLC provides a range of essential services to households and small businesses, giving customers the convenience of a single monthly bill and substantial savings on the cost of their utilities. Services include: gas, electricity, home and office telephone, internet telephony services, an innovative CashBack card, broadband (wireless and ADSL) and a range of mobile phone tariffs. The Utility Warehouse is a network marketing company

Since incorporation in 1997, Telecom plus has grown from just an idea into a company now supplying in excess of 500,000 customers with a combined 1,500,00 services. Telecom plus PLC group turnover for the year ended 31st March 2010 was £369.1m, with a pre-tax profit of £18.2m. With a consistent track-record of profit and growth, this British network marketing success story has been achieved by word-of-mouth referral marketing, via a network of around 40,000 Independent Distributors.

Network marketing company Utility Warehouse Telecom Plus was promoted to the FTSE 250 in December 2008 and named Company of the Year at the PLC Awards in 2009 and was also named Best Telecommunications PLC at the UK Stock Market Awards in 2011, 2012 and 2014. (sponsored by Pricewater house Coopers LLP and in association with The London Stock Exchange). Since gaining a full listing on the London Stock Exchange in 2000, the Company’s shares TEP have shown considerable growth and become one of the UK’s most traded companies.

Income Opportunity
Utility Warehouse Services

New customers, please sign-up online or call 0800 074 7494. Existing customers, please visit the Clubhouse 

Network Marketing Company The Utility Warehouse (Telecom plus Plc) – Board & Management

“Utility Warehouse Distributors enjoy a business partnership with one of the UK’s most highly respected and dynamic management teams, whose executives are leaders in the fields of telecommunications, finance, information technology, operations and customer care. This corporate management team, headed by Chief Executive, The Hon. Charles Wigoder and the Company’s Board of Directors, has been key to the phenomenal growth of the company since 1998.”

“Charles qualified as a Chartered Accountant with KPMG in 1984 and was subsequently employed by Kleineort Securities as an investment analyst in the media and communication sectors. Between 1985 and 1988, he was head of corporate finance and development at Carlton Communications Plc and then Quadrant Group Plc. In March 1988, he left Quadrant Group to set up The People’s Phone Company Plc, which was then purchased by Vodafone in December 1996. Charles joined Telecomplus Plc in February 1998.”

Charles Wigoder, Chief Executive, Telecom plus.PLC
(Report & Accounts, 31st March 2010)

Telecom plus Plc – Report & Accounts, year ended 31st March 2010

  • Turnover up 32.6% to £369.1m (2009: £278.3m)
  • Pre-tax profits of £18.2m (2009: £22.5m)
  • 9% increase in average revenue per customer
  • Earnings per share for the year were 19.7p (2009: 24.2p)
  • 24.4% increase in number of services provided to 1,044,516 (2009: 839,641)
  • Number of Independent Distributors up 29% to 35,000 (2009: 27,100)
  • 33% increase in Business Club membership 21,523 (2009: 16,163)
  • Distributor commission increased by £1.3m to £13m (2009: £11.7m) [