Smart Repairs.co.uk, the independent cosmetic vehicle repairer, has seen an increase in turnover of 25 per cent this year.
The Leeds company, based at 18,000 sq ft freehold premises in Weaver Street, has also smashed its target of creating over 100 new and sustainable jobs.
Overall turnover is set to rise to more than £9.5 million by the end of this year.
Managing Director Darryl Short explained: “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.
“Our turnover in 2020 was £3,582,865; in 2021 it was £5,403,674; in 2022 it was £7,530,000; and this year it is projected to be £9.5 million, a year-on-year increase of almost 25 per cent. It is fair to say that the past 12 months have been our most successful ever in terms of growth.”
The company has recently extended its leadership team, employing a key account manager in the Midlands and, from this month, a financial controller.
Smart Repairs has already committed to 15 new vans early next year, an investment of £800,000. This year the company has bought 21 vans and have invested £1.2m in vans and equipment.
