Mr Brown, who was born in Hinckley, once explained his business philosophy in an interview with a council newsletter back when he had only recently stopped playing football The company relied on advance payments from customers for funding, with neither Mr Brown nor his joint owner father Andrew, 57, appearing to have invested any of their own money, according to Companies House accounts first seen by The Times.Īvro - awarded the uSwitch best value for money award in 2019 - originally made a small profit but this slumped to a £28million loss between January 2018 and June 2019, well before soaring natural gas prices became a critical issue.
His football career came to an end when he suffered a knee ligament injury while playing as central midfielder for Atherstone Town football club.Īvro collapsed on Wednesday in the biggest failure of a household supplier, leaving 1.2million customers in limbo and prompting scrutiny about the way the business was run. Jake Brown, 27, founded the firm in 2014 at Birmingham University, where he obtained a 2:1 in Law. Collapsed energy company Avro Energy was owned by a former non-league footballer in his twenties who set up the firm while an undergraduate student and once described the power supply market as 'simple economics'.
