XLN, the UK’s leading essential services provider to small business, is the fastest growing telecoms company in the UK according to new research. The business provider made #85 on the 2015 Sunday Times BDO Profit Track 100 which ranks Britain’s 100 private companies with the fastest-growing profits, based on performance over the past 3 years. XLN has had remarkable growth over the last year. A management buy-out in Q4 of 2014 yielded ECI Partners a 3x return on its investment in XLN. Moreover, the small business provider expanded both its offices with a move to Millbank Tower for its HQ in London and an investment IRO of £40m in employment at One Northbank in Sheffield.
Founder and CEO said: “I’m absolutely delighted XLN have made the Sunday Times Profit List. This past year has been an exciting one for XLN, with huge expansion to Sheffield and a management buyout by GSO Capital.” “With our newly expanded organisation we have an even bigger dedicated and enthusiastic team in place who understands the pressures small business owners face on a day to day basis. Winning this shows our capability of supporting the UK’s heroes of the economy through expert service and uniquely tailored products.” Over a challenging 3 years, an increase in sales meant profits for XLN rose by 46.21% from £12.8m in 2014.
About XLN for small business XLN is one of the fastest growing companies in the UK having already supplied Phone Lines, Broadband, Mobile, Card Processing and Energy to small businesses across every postcode of the UK. At XLN, we’re extremely proud of what we do. However, we’re not the heroes here. That accolade belongs to our customers, the small but powerful businesses of Great Britain. The backbone of the economy. The engine of growth. The powerhouse of employment. We’re here to ensure Britain’s ‘Heroes Of The Economy’ never pay too much again on their essential services, and always receive the world class service they deserve.
Founded as XLN Telecom in 2002, XLN set out to change the stranglehold that expensive consumer giants had on small businesses and their expenditure on essential services. Standing shoulder to shoulder with 1000’s of small businesses we use our combined purchasing power to get our customers an excellent deal. In 2011 XLN won a British Venture Capital Association (BVCA) award for ‘Best Private Equity Backed Management Team’. In 2012, XLN was listed as #24 in the Sunday Times Buyout Track 100 and #49 in the Sunday Times Profit Track which lists the private companies with the fastest growing profits. XLN has also been a National Business Awards Finalist for 7 years: 2004, 2005, 2006, 2009, 2010, 2012 & 2013.
