Commercial vehicle rental leasing and maintenance business
£100m turnover
10,000 assets on hire
Issues
- Growth through acquisition
- Poor integration
- Focussed on revenue growth
- Loss making
Actions
- Exit unprofitable customers
- Control and reduce working capital and reduce cost base
- Devolve decision making closer to customer
- Change culture from top down to employee engagement
- Listen to customers
Results
Losses of +£7m transformed to profits of +£1m in two years
Contact Gray Wolf Management today for a no-obligation chat about your business.