Fast Track 100

After nine years of turning round car dealerships for the Henley Group, Steve Weal decided to go into the business for himself. He bought Sidcup Auto Centre with his brother-in-law, Stephen Weeitch, in 1996 and focused it on the Skoda market. They now sell 500 new and used Skodas a year, as well as carrying out servicing and repairs. More recently they have expanded by selling Skoda Octavias to the taxi trade. Sales at the Kent company have grown 73% a year from £760,000 in 1997 to £4m in 2000, when it had 14 staff. Weal and Weeitch own two further Skoda dealerships in Bexhill and Croydon.

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
CompanySidcup Auto Centre
ActivityCar dealer
Annual sales rise over 3 years73.40%
Latest sales £000s3,964

If applicable:

* supplied by company † annualised figure