Prohire

This Stoke-on-Trent contract hire company leases and manages fleets of trucks and vans for companies such as the furniture retailer MFI and the security firm Reliance. With the acquisition of a rival contract-hire company this year, its third acquisition since it was set up in 1997, Prohire claims to be the third-largest player in the British contract-hire sector. Co-founders David Barlow and Colin Walton are now targeting banks and finance houses to act as outsourcing intermediaries. The company’s sales have grown 63% a year from £2.8m in 2002 to £12.2m in 2005.

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Company details
Year2006
Rank97
CompanyProhire
ActivityVehicle services provider
LocationStoke on Trent
Annual sales rise over 3 years62.75%
Latest sales £000s12,241
Staff30
Founded1997
Websitewww.prohire.plc.uk

If applicable:

* supplied by company † annualised figure