Phidex was established in 2008, focusing initially on intelligence-led collections services. We were quickly recognised as best in class for both recoveries and separating phantom debt from actual collectable amounts.
In 2011, our consulting division was created with the introduction of data analytics experts highly experienced in changing how the energy industry approached settlements management and imbalance recoveries. We quickly established standout results for our clients and a reputation for rapidly delivering highly cost-effective, flexible and focused solutions to address their specific needs.
Phidex was integral to the successful market entry and early portfolio growth of a prominent UK power supplier, providing consultancy, project management and bespoke software solutions. In a market where new entrants are encouraged, Phidex provides the framework to ensure this journey is clearly mapped to successful launch by providing valuable software tools, knowledge and project management.
Recently Phidex was invited by an industry trade body to analyse the complex supporting data for a gas regulatory change with a £100+ million impact on suppliers. Our expertise and experience in identifying hidden errors in huge datasets were confirmed when we identified anomalies in the industry appointed expert’s calculation with an overall impact of some £60 million. Our work has been recognised as instrumental to the methodology adopted for future calculations.