Boiler Plan has been ranked as the UK’s eighth highest fast-growth new business.
The company is featured for the first time in the Startups 100 annual index, which showcases the country’s top 100 disruptive startups.
Boiler Plan, based in Cramlington, Northumberland, was founded by qualified heating engineer Ian Henderson.
He said: “It’s an honour to feature in the Startups 100 index, but to be ranked eighth is amazing when you consider the strength of the other businesses on the list.
“This not only reflects the innovative and responsive nature of the business but the hard work and dedication of our staff in delivering a high standard of customer service.”
Boiler Plan has also attracted a £1m investment, comprising £600,000, from Maven VCTs and £400,000 from the North East Development Capital Fund, supported by the European Regional Development Fund and managed by Maven Capital Partners.
The funding will support a long-term growth strategy to create 40 new jobs over the next 12 months and increase annual turnover to £30m, a statement added.