Smart Repairs reports 10% increase in turnover
Smart Repairs has reported a 10% increase in turnover in the last 12 months.
The Leeds-based company, which celebrates its 30th anniversary this year and is now the UK’s fastest growing and largest independent cosmetic vehicle repairer, has also created over 130 new and sustainable jobs.
Overall turnover, which will reach £12m by the end of this year, is forecast to increase to £13.5m by the end of 2026.
Meanwhile, the insurance sector of Smart Repairs’ business has grown by 50% in the last year.
Sustained growth
Managing director Darryl Short said: “For the past seven years we have achieved sustained growth across the UK, disrupting the fragmented cosmetic vehicle repair sector, creating over 130 new jobs and working closely and rewarding our mobile technicians all over the country.
“We expect to employ 140 by the end of this year, with turnover rocketing to £12m. This increase is totally sustainable as we steadily grow our share of the cosmetic vehicle repair market year on year. Currently we carry out an average of 1,000 vehicle repairs a day.
“Our expansion and consolidation into the Republic of Ireland have been underpinned by a raft of new deals both with dealerships and insurance companies over there. We already have a strong presence in Scotland and Wales, so we have a tremendous geographical spread. We continue to strengthen our leadership team, which ensures we provide the best possible service levels to customers and also support all its team members on the ground.”
Strength to strength
Founder and co-chairman Dan Besau added: “It has given me tremendous pleasure to see how the company I founded in 1995 has developed. We have gone from strength to strength in recent years. The mobile business has proved popular and successful and, when I spotted a gap in the market for high-end alloy wheel repairs, I had the confidence to go for that, too.”
Co-chairman Phil Newstead concluded: “Our expansion plans are very carefully targeted at geographical areas which are not especially well served by cosmetic vehicle repair companies. These plans have been massively backed up by the talented and hard-working team leaders and technicians we have been able to hire.
“We can see that our future lies in providing a quality repair offering across all of the UK and the Republic of Ireland, to warranty companies, insurers, dealer groups and vehicle remarketing companies.”
