We have published our 2024 Annual Review
Welcome to our second Annual Review
When we launched Avove in 2022, it was with a goal to transform the way utility infrastructure projects in the UK are delivered.
The Annual Review offers colleagues, clients, shareholders, and stakeholders comprehensive and transparent insights into our 2024 performance, highlighting progress made toward delivering sustainable and innovative results.
We are proud to share the progress that demonstrates we are establishing Avove as that partner of choice, and that it is indeed possible to deliver better outcomes for the sector. These milestones include:
- Achieved 24% revenue growth, showing that our strategy of long-term partnerships and investing in early project engagement is being recognised by clients to bring tangible benefits to both parties
- £28.3m Net Assets and £14m cashholding
- 800+ highly engaged and highly trained colleagues, including specialist engineers and a training programme that will ensure the next generation of skilled engineers will always be present
- Achieved 100% Achilles Audit Compliance, received the RoSPA Award for the 11th consecutive year and the SafeContractor Accreditation
- Committed to our colleagues as we became a Real Living Wage Employer, earned Silver accreditation from the 5% Club for our pledge to Early Careers and joined the STEM Returners programme
- A comprehensive and resilient supply chain with 200+ supply chain partners, including specialists in sustainability and AI technology
- Partnered with national clients to deliver major projects across the UK, achieving client satisfaction
These milestones are tangible evidence of our progress, but more importantly they are testament to the hard work and dedication of our clients, colleagues, partners and stakeholders.
We recognised that in order to achieve better outcomes for the sector, a new approach was needed. UK utilities is a multi-million-pound industry whose services affect every single person in the UK, every day, so it deserves a specialist and dedicated construction and engineering partner, one with a different approach.