In 1957 the late John Squires started a used-car garage in Newcastle upon Tyne. Now the business, still owned by the Squires family and run by the founder’s grandson Mark, has 30 franchised dealerships across north England and Scotland. In October last year it acquired rival business North East Audi for an undisclosed fee. Nigel McMinn is the managing director.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
Year2012
Rank50
CompanyBenfield Motor Group
ActivityCar dealer
LocationNewcastle upon Tyne
Sales £m*417.3
Operating profit £m*4.3
Main shareholdersJohn Squires and family (100%)
Staff1,239
Founded1957
Websitewww.drivebenfield.com

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda