Leeds-based independent cosmetic vehicle repairer Smart Repairs has announced an increase in turnover of 25% this year and is now predicting overall turnover to to rise to more than £9.5m.
Managing director Darryl Short said: “Since 2019, we have achieved sustained growth across the UK, disrupting the fragmented cosmetic vehicle repair sector, creating over 110 new jobs, buying brand-new premises in Leeds and working closely and rewarding our mobile technicians all over the country.
“We expect to employ 140 within three years, 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 165,000 vehicle repairs a year.”
Smart Repairs has already committed to 15 new vans early next year, an investment of £800,000, having already invested £1.2m in 21 new vans and equipment this year.
Meanwhile, the company has increased its customer portfolio to fleet management companies and is doing more work on commercial and heavy goods vehicles,
Co-chairman Phil Newstead said: “Our expansion plans, which have gathered pace post-Covid, are very carefully targeted at geographical areas which are not especially well served by cosmetic vehicle repair companies. We can see that our future lies in providing a quality repair offering across all of the UK, to warranty companies, insurers, dealer groups and vehicle remarketing companies. Our key aim is to be the largest smart repairer in the UK.”
