London Growth Plans

Revealing extensive growth plans in the London area over the next 12 months, we are still on track to significantly increase our UK network within the next four years. Our expansion within the London area has already commenced, with the opening of two new sites in the final quarter of FY13 and the launch of six to eight new depots is planned over the next 12 months.

• •The new openings in Luton and Brent Cross coupled with those planned to launch over the next 12 months form the initial stages of a wider UK based branch expansion plan which will add up to 20 new depots to the company’s existing network over the next four years
• •New sites will take three years to reach maturity and, at this point, will operate a fleet of approximately 500 vehicles per site
• •Financially, new sites are estimated to break even in their first year with overall return on capital employed exceeding current levels
• •With recent research from the BVRLA revealing that the rental sector contributes £14bn per year to the UK economy and supports over 183,000 jobs, Northgate is committed to seeing these statistics increase as it hails the next financial year as one of excitement and change for the £500m turnover business
• •After recording growth in the number of regional customers across the country in FY13, Northgate is hoping its new London sites experience the success of its Irish operation which is currently performing at a growth rate of 20% per annum

Bob Contreras, CEO, comments:

Over the last six months we’ve launched new depots in Luton, Brent Cross and Huddersfield, and all to great effect. Our focus will now shift to the London market due to the demand for flexible hire in the capital. Each new site will have an initial set up cost of £0.2m, covering property, personnel and marketing costs. If the new sites perform in line with our expectations, they should break even in year one and by year three have a ROCE in excess of 16%.
 

Working at Northgate

Everyone plays their part

At Northgate, careers are about much more than just work. They’re about playing your part in a company that ensures you grow your own skills and experience just as quickly as we’re growing our business.

It means we’ve created an exciting, fast-moving, and forward-looking place to work. And it’s all down to the shared values that underpin our entire company vision.

The skills you need to make an impact

Northgate people have a unique blend of skills - it’s why we’ve grown so quickly, and why our working
environment has won so many awards and commendations. Here’s a quick breakdown of what makes us different - and what you’ll need to join us.

• We’re customer focused: we’re great at anticipating and meeting the needs of our customers, whether they’re internal or external.
• We work together and influence each other: we love building and nurturing positive relationships across the entire business.
• We communicate and engage: we all have great communications skills, and we know how to get our message across openly and effectively.
• We manage and embrace change: we know how important it is to work with change, not against it, and we love finding new and better ways of doing things.
• We have drive and determination: we love a good challenge, and we have the commitment and dedication to keep going - no matter how tough the job seems.
• We’re all company ambassadors: whatever we do, we know that it could have an impact on the company and our future, so we make sure we always do our best.