Redde Northgate Plc - Company Profile
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Redde Northgate plc (Northgate) provides light commercial vehicle hire services. The company offers fleet management services vehicle rental services, accident and incident management services, repair and maintenance services, insurance and leasing, vehicle disposal and other ancillary services to keep customers mobile. It also sells used vehicles and other related goods and services. Northgate provides services to engineering, the public sector, wholesalers and retailers, local authorities and other business sectors. It operates its business activities in the UK, Spain and Ireland. The company is headquartered in Darlington, Durham, the UK.
Headquarters
United Kingdom
Address
Lingfield Way, Darlington, Durham, DL14PZ
Website
reddenorthgate.co.uk
Telephone
44 1325 467558
No of Employees
7,206
Industry
Automotive
Ticker Symbol & Exchange
REDD (LON)
Revenue (2023)
$1.8B
19.8%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
37.1%
(2023 vs 2022)
Market Cap*
$1.1B
Net Profit Margin (2023)
XYZ
14.4%
(2023 vs 2022)
* As of and is in US$
Redde Northgate Plc premium industry data and analytics
Products and Services
| Services |
|---|
| Vehicle Rental Services |
| Fleet Management Services |
| Vehicle Sales |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Plans/Strategy | In November, the company announced its plans to merge with Halfords. |
| 2022 | Others | In July, the company purchased 32,881 shares. |
| 2022 | Others | In June, the company purchased 80,000 own shares. |
Competitor Comparison
| Key Parameters | Redde Northgate Plc | FirstGroup Plc | Vertu Motors Plc | Pendragon PLC | Halfords Group plc |
|---|---|---|---|---|---|
| Headquarters | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom |
| City | Darlington | Aberdeen | Gateshead | Nottingham | Redditch |
| State/Province | Durham | Scotland | Durham | England | England |
| No. of Employees | 7,206 | 29,983 | 7,323 | 5,334 | 12,901 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Martin Ward | Director; Chief Executive Officer | Executive Board | 2020 | 56 |
| Philip Vincent | Chief Financial Officer; Director | Executive Board | 2018 | 54 |
| Diane Hames | Chief Information Officer | Senior Management | 2020 | - |
| Avril Palmer-Baunack | Chairman | Non Executive Board | 2019 | 59 |
| James Kerton | General Counsel; Secretary | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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