Profit Track 100

This Lancashire firm provides rental and fleet management services, primarily to the waste and recycling sector, and owns 9% of the UK’s refuse vehicles. It manages 5,000 trucks and has a network of 15 maintenance centres and two body shops. A series of acquisitions under co-founder and chairman Sid Sadique, 55, has enabled it to provide a one-stop-shop service that has won local authority and corporate customers, such as Wiltshire County Council and Travis Perkins. Sales and profits dipped 5% to £86.3m and £6.3m respectively in 2018 as one large customer, Palmer and Harvey, went into administration. However, the group forecasts profit of £9.1m in 2019, benefiting from increased demand for electric commercial vehicles. Its sister business, Electra, has orders for 30 trucks and orders to be confirmed for 70 more in the next two years.

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Company details
CompanyNRG Fleet Services
ActivityTruck fleet management
Profits £0006,277
Sales £00086,312

If applicable:

# ebitda * supplied by company † annualised figure