Business description
Fulcrum Utility Services Limited (formerly Marwyn Capital I Limited) is the holding company for Fulcrum, an energy solutions company operating across the whole of mainland UK. Fulcrum’s primary business is the provision of unregulated gas connection services to the residential, commercial and industrial markets in the UK. Fulcrum designs and project manages connections to gas pipelines for customers seeking either a new connection or the alteration or refurbishment of an existing connection. Fulcrum outsources the physical labour associated with the connection to third parties. These connections range from simple, single-site alterations to large, complex multi-site new connections. In either case, Fulcrum’s team of skilled design and engineering staff are required to design the connection to detailed specifications and to ensure the connection is appropriate and complies with extensive health and safety requirements. Fulcrum Pipelines, a subsidiary of Fulcrum Utility Services Limited is licensed as an Independent Gas Transporter in the UK which enables it to own and operate gas pipelines. Fulcrum currently employs approximately 250 people (including agency staff and consultants), the majority of whom are based in Sheffield.
For more information on the Fulcrum group please visit the Fulcrum website at www.fulcrum.co.uk.
Directors' details
Memorandum and Articles of Association
| Issued share capital | Number | |
|---|
| ordinary shares of 0.1 pence per share |
154,306,667 |
|
| Insofar as it is aware, the percentage of AIM securities that is not in public hands |
14.5 % |
|
| The identity and percentage holdings of its significant shareholders. |
|
|
Name of Shareholder
|
Number of
Ordinary Shares
|
Percentage of the Enlarged
Share Capital (%)
|
| Killik & Co |
28,332,500 |
18.4 |
| Marwyn Value Investors L.P. |
20,416,500 |
13.2 |
| Ecofin |
20,000,000 |
13.0 |
| Legal & General |
15,000,000 |
9.7 |
| Amati Global Partners LLP |
13,249,500 |
8.6 |
| Spreadex Limited |
11,750,000 |
7.6 |
| Foreign and Colonial |
8,250,000 |
5.3 |
| Fidelity Investments |
6,250,000 |
4.0 |
| Artemis |
5,000,000 |
3.2 |
Admission documents
Nominated Adviser and other key advisers