Evans Cycles, a leading independent cycle retailer in the UK, sought assistance from BCR Associates to address escalating energy costs and improve cash flow. BCR Associates conducted a comprehensive review, resulting in a 25% reduction in electricity costs and a 19% reduction in gas costs, saving the client £59,700 and identifying additional billing errors that credited them £27,000. The client received these savings without incurring any costs, and BCR now manages their energy contracts and offers consultancy services.

1. Case study
CLIENT: Evans Cycles
INDUSTRY: Cycle & Accessory Retailer
COMPLETED: May 2012
SUMMARY
Client has over 45 sites and
expanding fast.
High consumption resulted
in ever increasing costs,
which were further
contributed to by expensive
renewal contract prices.
BCR Associates carried out a
full review cutting electricity
spend by 25% and gas spend
by 19%.
Client did not pay a penny
for the service and received
100% of savings realised.
ABOUT OUR CLIENT
CLIENT REQUIREMENTS
OUR APPROACH
Evans Cycles is a nationwide
cycle retailer trading from over
45 sites plus a large mail order
catalogue business. Established
in 1921 in Kennington Road,
South London, the business has
grown from a single site into
what is recognised today as the
leading independent cycle
company in the UK with a
turnover approaching £100m.
Growth had come at a price and
specialist assistance and support
were required in a number of
key areas of expenditure.
Evans cycles has a large number
of sites and supplies with a large
consumption of over 4,000,000
kWh of electricity per year so
energy costs were a major part
of their expenses. Due to the
ever increasing price of energy
and other escalating costs within
the company the Finance
Director contacted BCR
Associates who instigated a
business cost review.
Our dedicated Account Manager
worked closely with Evans
Cycles estates team providing a
complete end-to-end service. A
‘health check’ was carried out as
we researched each site, offered
solutions and managed the
entire operation on Evans Cycles
behalf, all without cost or
obligation. Our service also
returns 100% of the savings to
the customer so Evans Cycles
instantly improved cash flow
without any hassle or cost
T: 0800 048 2928
E: info@bcrassociates.co.uk
Business Cost Reduction Associates Limited, Darwin House, Southernhay Gardens, Exeter EX1 1NP.
Registered office: Moorgate House, King Street, Newton Abbot, Devon TQ12 2LG. Company registration: 5537190.
© 2012 BCR Associates Ltd

2. THE PROJECT
THE RESULTS
After assembling the
relevant paperwork BCR
Associates carried out a full
review and identified
various solutions to
consolidate annual
expenditure.
Despite a complex economic
climate and a volatile
energy market with ever
increasing prices, the expert
knowledge of our specialists
saved Evans Cycles
£59,700 (25.71%)
against their supplier rates.
The review also highlighted
various billing issues that
needed urgent action.
Regardless of increasing
prices within the energy
market, BCR Associates’
supply chain relationships
ensured our Account
Manager was able to realise
sizeable savings in both
time and money.
Our client also received a
further £27,000 credit
thanks to the review
highlighting incorrect billing
by suppliers.
In addition to these large
savings, Evans Cycles has
the comfort of knowing that
BCR Associates now fully
manage their existing
energy contracts on their
behalf as well as any new
sites as and when they are
introduced into the portfolio
and can also review and
assist in other areas of their
essential business spend to
further drive down costs
and improve efficiency.
WHAT OUR CUSTOMER SAYS
“I have been extremely impressed with
BCR Associates’ professionalism and
delighted with the savings achieved.
Their attention to detail and
doggedness in obtaining the credits
from suppliers deserves special
recognition.
Their knowledge of the different
services they cover, ongoing advice and
assistance in a multitude of areas is
unsurpassed. Knowing that we have a
free consultancy service on call when
the need arises is a great comfort.”
Nick Peczek, Estates Manager
Evans Cycles
T: 0800 048 2928
E: info@bcrassociates.co.uk
Business Cost Reduction Associates Limited, Darwin House, Southernhay Gardens, Exeter EX1 1NP.
Registered office: Moorgate House, King Street, Newton Abbot, Devon TQ12 2LG. Company registration: 5537190.
© 2012 BCR Associates Ltd