How a Family's £250 Van Built Europe's Fastest-Growing Energy Firm

How a Family's £250 Van Built Europe's Fastest-Growing Energy Firm

Justin Perkins
Justin Perkins
2 Min.
Building a multi-million pound business with Dad

How a Family's £250 Van Built Europe's Fastest-Growing Energy Firm

Stuart Energy has seen rapid growth since its founding in 2017. The company was established by Mark Stuart alongside his father Fred and brother Lee. It now powers some of the UK’s most prestigious construction projects and aims to lead Europe’s power generation sector. Mark Stuart’s father, Fred, began his first business with just a B-reg Escort van and £250. He later sold that venture for a sum in the high eight figures. This experience shaped the family’s approach to business, blending ambition with a 'family first, work second' ethos.

Mark Stuart, now co-managing director, was recently named 'one to watch' in LDC’s Top 50 Most Ambitious Business Leaders for 2025. He credits luck as a key factor in the company’s success. Under his leadership, Stuart Energy has earned a place on the Sunday Times Best Places to Work list for three years running.

The company’s hiring process stands out, featuring a unique three-stage selection that concludes with a restaurant visit. Fred Stuart, now 80, remains active in the business alongside his three children. Together, they maintain the family values that define the company’s culture. Stuart Energy continues to expand with a clear goal: becoming Europe’s top power generation business. Its record growth and recognition as a great workplace highlight its rising influence. The family’s hands-on approach and distinctive recruitment methods set it apart in the industry.

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