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FASTFLOW GROUP ANNOUNCES NEW STRUCTURE AND BRAND AS IT PREPARES FOR THE FUTURE

Fastflow Group has restructured its business in a move designed to ensure the company is ‘fit for the future’ and able to adapt to the changing marketplace. It will also cease using the Fastflow Group name and instead be known as The United Living Group. It follows the successful merger last year and the creation of a new business. The Group will have combined revenues for the financial year ending 31st March 2020 of c£400m, with 2021 revenues budgeted to be £420m.

The new streamlined business is made up of the three distinct service pillars – United Living Infrastructure Services, United Living New Homes and United Living Property Services that together will deliver a broad range of integrated services. This includes essential new housing and property maintenance services to Local Authorities and Social Housing landlords as well as supporting the vital infrastructure services required to keep the lights on and water flowing throughout the UK.

The size and scale of the newly shaped company will ensure it is large enough to deal with major capital projects, yet agile enough to react quickly to customer demands and facilitate further growth. Neil Armstrong, the current Chairman and Chief Executive will continue to lead the business supported by an executive team of COO Daren Moseley, CFO Stuart Hall, Group Strategic Development Director, Ryan Brennan, Group Business Improvement Director, Peter Scraton and Group HR Director, Kamal Shergill.

The Managing Directors of each of the pillars have also been confirmed with Conor Bray heading up Property Services, Gordon O’Regan leading the national New Homes division and Benn Cottrell taking the helm at Infrastructure Services – the combined water, multi utility and gas transmission business. They will also sit on the Executive Board.

Commenting on the changes, Neil Armstrong, said “Our business has stood up well to the shock of the pandemic. Essential utility and property maintenance operations continued throughout but in the height of full lockdown, new housing sites were temporarily hibernated. Several new contracts were secured during the period. As a result we continue to trade well, however we, like other businesses, continue to face a number of challenges which will see us working, living and managing our business with the COVID-19 virus still present and Brexit on the horizon.

“These changes are designed to ensure that we are in the strongest position possible to address necessary market changes with a key objective to generate ‘profit for purpose’ continuing to make a difference in our communities. We remain committed to creating value in everything we do for our people, customers, shareholders and communities.”
A new Group website has also been launched which showcases the new branding and can be seen at https://unitedliving.co.uk/

News

Fastflow Group makes Sunday Times PwC Top Track 250 for first time

Fastflow Group has made it into the Sunday Times PwC Top Track 250 for the first time, ranked 177th. Published on 27th September 2020, the Sunday Times PwC Top Track 250 league table ranks Britain’s leading mid-market private companies with the biggest sales – before the pandemic struck. In June 2019 Fastflow joined forces with United Living, substantially increasing the size and scale of the combined group.

The company provides essential gas, water and multi-utility infrastructure services to blue chip customers across the UK, as well as the development of new homes and planned and responsive property maintenance services for social housing and local authority clients. Chief executive and Chairman Neil Armstrong heads up the enlarged group and oversaw sales of £137.5m in 2019. Revenues this financial year are expected to reach £500m, so the company is hoping to again feature in the Top Track awards. The enlarged group has a secured order book of c£1.2bn and a pipeline of opportunities worth c£3bn.

Neil Armstrong, CEO and Chairman at Fastflow and United Living Group, said, ‘I see this accolade as recognition of the strength of our business and our people. We play a crucial role in society, helping our customers create a better future, often for the most vulnerable in our communities. Our role within infrastructure figuratively and literally helps the ‘keep the lights on’ and provide clean drinking water to millions of consumers. In short, our work is important, and I am immensely grateful to our people who continue to do their utmost to serve our customers’ energy, water and housing assets with exceptional levels of service, quality and commitment.”

Arif Ahmad, a Private Business Partner at PwC UK, the title sponsor of the league table, said: “There’s no doubt that 2020 has posed unprecedented challenges. But time and again, we’ve seen business leaders rising to that challenge, adapting their plans and taking the opportunity to innovate. This year, it’s more important than ever to recognise and congratulate the companies featured in the Top Track 250. They are the backbone of the UK economy and it’s our pleasure to work with them, at every stage of their journeys.”