Group plc
Type Public (LSEMONY)
Founded 1993
Headquarters Ewloe, Wales
Key people Gerald Corbett (Chairman of the board)
Simon Nixon (Founder and Executive Deputy Chairman) Peter Plumb CEO
Revenue £148.9 million (2010)[1]
Operating income £10.7 million (2010)[1]
Net income £7.7 million (2010)[1]
Employees 433 (2010)[1]
Website Group PLC (LSEMONY) is a British price comparison website-based business specialising in financial services. The website enables consumers to compare prices on a range of products, including mortgages, credit cards and loans. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.



The business was established in 1993 by Simon Nixon (a student at Nottingham University) and Duncan Cameron as a provider of off-line mortgage information to Independent Financial Advisors under the name Mortgage 2000.[2] and in 1999 launched providing on-line mortgage information[3] since then the business has been developed to provide credit card and personal loan information [3] additional brands and have been added.[3]

In June 2007 Duncan Cameron left the business selling his 47% stake to Simon Nixon for £162m[4] and in July 2007 the company was listed on the London Stock Exchange.[5] At the time it had a market capitalisation of £843m and, as at 2011,it remains the biggest internet initial public offering in Europe.[6]


The Company derives its revenues from three main sources:[7]

  • Money vertical
  • Insurance vertical
  • Travel vertical


In 2007 the Guardian newspaper noted that price comparison websites such as rarely include all products on the market and therefore any price comparisons are inaccurate.[8]

See also


External links

Wikimedia Foundation. 2010.

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