History

Fulcrum has a rich heritage and track record of excellence which contribute to its present day culture, values and ethics.

  1. January 2020

    Appointed the Chief Financial Officer, Daren Harris, as Fulcrum’s new Chief Executive and confirmed the appointment of Terry Dugdale, Chief Operating Officer (Gas), as Group Chief Operating Officer and to the board as an Executive Director

    March 2020

    Dunamis secures a series of electrical and dual fuel infrastructure contracts, worth a combined £8.9 million, for a mix of residential and industrial and commercial developments

    April 2020

    Completion of the sale of the initial tranche of its domestic customer gas connection assets and order book and associated meters to E.S. Pipelines Limited (ESP) with cash consideration of £16.8 million (before related expenses)

  2. January 2019

    Fulcrum shortlisted for the prestigious Network of the Year award alongside some of the utility industry’s largest network owners

    March 2019

    Fulcrum appoints Terry Dugdale as its new Chief Operating Officer for its gas and multi-utility business

    Fulcrum report a 23% year-on-year increase in its order book and is on course for a £12 million growth in revenues in its current financial year

    May 2019

    Fulcrum’s Assets Director, Carly Gilchrist, named “Manager of the Year” in prestigious Gas Industry Awards 2019

    June 2019

    Fulcrum appointed Daren Harris as new Chief Financial Officer

    July 2019

    Fulcrum grows smart metering business to meet demand for infrastructure services after achieving both Meter Operator (MOP) accreditation and Meter Asset Manager (MAM) accreditation, and the launch of new Meter Asset Provider (MAP) business

  3. February 2018

    Fulcrum creates one of UK’s leading gas and electrical infrastructure services groups with £22 million acquisition of Dunamis Group

    March 2018

    Fulcrum completes a £1.4 million acquisition of specialist gas engineering business CDS Pipe Services Ltd

    September 2018

    Fulcrum takes a step forward in meeting its future smart metering strategy by becoming an accredited Meter Operator (MOP)

  4. March 2017

    Fulcrum announces 39% order book growth in the financial year

    November 2017

    Fulcrum is granted an Independent Distribution Network Operator (iDNO) licence to adopt, own and operate electrical assets and is now embarking on a programme of asset acquisitions to identify and secure electrical assets across Britain

    December 2017

    Fulcrum announces increased revenues and profits before tax and sustained order book growth
    Fulcrum confirms plans to enter the emerging UK electric vehicle charging market to support the growth of the network with its utility infrastructure design, construction and ownership capabilities

  5. January 2016

    Fulcrum is confirmed as AIM’s ninth highest percentage growth share in 2015

    May 2016

    Fulcrum beats off competition from major network operators to secure the Company of the Year and Manager of the Year awards at the prestigious Gas Industry Awards

    June 2016

    Fulcrum announces a strong set of financial results for the full year 2016 with a substantial increase in profits and strong cash generation

    October 2016

    Meter Asset Manager (MAM) accreditation gained to adopt, run and operate all classes of meters

    December 2016

    Fulcrum secures a new £4.2 million project to install a new gas pipeline to a major food manufacturing plant, converting the site from its existing heady fuel oil to natural gas

  6. April 2015

    Fulcrum rolls out its direct delivery model for utility infrastructure projects, doubling the size of its workforce

    Fulcrum is shortlisted for four national utility awards, including Company of the Year

    May 2015

    Fulcrum executive member Carly Gilchrist wins national Young Person’s Achievement Award

    June 2015

    Fulcrum achieves a landmark first operating profit of £0.6 million

    July 2015

    Fulcrum wins a £4 million contract to return to Speyside to deliver seasonal gas supplies to four major Scottish distilleries, Tamdhu, Dalmunach, Cardhu and Knockando

    December 2015

    Record pre-tax profits of £1.6 million for the six months to 30 September 2015 are reported

  7. May 2014

    Fulcrum engineer Paul Leighton takes a national engineering award for contributions to the Olympic Games

    June 2014

    The £7.6 million Speyside gas pipeline completes six months ahead of schedule with a 100% safety record

     

  8. December 2013

    Fulcrum wins national utility award for project management for its part in powering the Olympic Games

  9. July 2012

    Fulcrum installs and adopts gas infrastructure for the 2012 Olympic and Paralympic Games, including the connection to the iconic Olympic cauldron

    October 2012

    Fulcrum wins a landmark £7.6 million, 26km gas pipeline contract for the creation of a new pipeline linking remote Speyside distilleries at The Glenlivet, Tormore, Cragganmore and Tomintoul with Scotland’s main gas network

  10. July 2010

    Fulcrum is floated on AIM

    August 2011

    Fulcrum’s new HO is established in Sheffield

  11. Pre 2010

    Fulcrum grows from the gas board and operates as the UK’s new connection arm of Transco and then National Grid