Andersen has consolidated its status as the UK’s leading provider of premium, design-led EV charge points by reporting a 175% increase in turnover for the financial year 2023/2024, to over £3.7m.
That momentum is continuing into 2024, with revenues during the first seven months of the year up by 10.72% compared with the same period in 2023, while gross profit has risen by 41.55%. The improved financial performance has been helped by production of the all-new compact A3 charge point coming fully on-stream at the company’s manufacturing facility in Stewartby, Bedfordshire, allowing the company to meet growing demand. Depending on the level of bespoke customisation, most customer orders can now be fulfilled within just two weeks of being placed.
“I’m very excited about the progress Andersen has made since our acquisition in 2022 and the growth opportunities ahead,” commented David Martell, CEO of Andersen. “It’s estimated 400,000 EVs will be sold in the UK this year, and over 65% of EV drivers have off-street parking. Many will want a charger that delivers quality of form as well as function.
“We launched the new Andersen A3 home charger in May 2024 with many advanced features and with the styling to meet the needs and expectations of the most discerning customers. We are now the preferred supplier to leading premium carmakers including JLR and Porsche GB, and the company is in a very strong position to maintain its growth as electric vehicles become more prevalent on UK roads.”
Earlier this year Andersen launched its all-new A3 charge point with a market-leading 7-year warranty, the longest available with any home charge point, covering the charger and all ancillary parts. Just three months after its launch, the Andersen A3 was recognised as the best home EV charger for quality in the What Car? home EV charging review for 2024. The A3 received a score of four stars out of five, ranking fourth overall, but scoring the highest overall for installation satisfaction and joint highest for ease of use.
Andersen has its own in-house installation and customer service teams to ensure it upholds the highest standards at every customer touchpoint. The installation service recently attained Which? Trusted Trader status, a scheme that provides independent verification that a trader is reputable and has delivered excellence throughout a rigorous assessment process. Customers that choose to have their Andersen charge point installed by a third party also benefit from the market-leading warranty.
In June, the Andersen A3 EV charge point won a Platinum award in the 2024 London Design Awards ‘Product Design’ category. The London Design Awards is an international competition that recognises exceptional designs and outstanding creative projects worldwide.
With a focus on quality in all aspects of its operations, Andersen is the only charge point provider to receive 4.9 stars out of 5 on Trustpilot.
The new Andersen A3 and the company’s acclaimed A2 are the only home chargers to feature a cable and plug that are hidden away when not in use. The A3 offers charging speeds up to 7kW and comes with a choice of over 240 colour options, as well as a custom colour palette service that allows customers to colour-match their home charge unit to any beloved item. The A3 is equipped with an intuitive LED status indication, as well as a presence sensor, a convenience light located on the underside of the unit, and ‘theatre lighting’ activated when lifting the lid to highlight the cable location and Andersen EV branding.
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