Drive Assist

Founded in 1992, this Staffordshire firm owns and manages 17,500 vehicles, mostly used as courtesy cars for insurance companies. It also offers corporate rentals and has a car supermarket in Nottingham that sells the vehicles it no longer wants. In 2007 founder and chief executive Steve Binch led a £250m secondary buyout backed by Charterhouse, and in 2009 sales reached £155.3m.

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Company details
Year2010
Rank214
CompanyDrive Assist
ActivityCar lessor
LocationTamworth
Sales £m155.3
Operating profit £m18.6
Main shareholdersCharterhouse (78%), management (22%)
Staff1,742
Founded1992
Websitewww.driveassist.co.uk

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda