This important milestone on the company’s journey means the Leicester-based business is now the largest privately owned leasing and fleet management company in the UK.
Managing director Simon Hill, who founded Total Motion in 1999, said a combination of factors was enabling the company to win new business and exceed its targets in what is a highly competitive sector.
He said: “There are a number of reasons for our continued success and sustained growth. They can be attributed in part to our fee structure and how transparent it is when compared to that of our competitors.
“It’s also down to how we manage our suppliers and the rates they provide, and our ability to offer customers the widest range of products and services.
“We will manage customer support services that our competitors won’t look after in terms of TUPE (the Transfer of Undertakings (Protection of Employment) Regulations) which relate to employees, the taking on of complex internal processes and the integration of those services into the business.”
Total Motion, which has for two years running been named among the UK’s 1000 most dynamic SMEs by the London Stock Exchange, has doubled its workforce to 70 in that time and is continuing to recruit.
The business aims to double in size within the next three years, with Total Motion currently looking at acquisitions which will complement its core activities.
Simon added: “On the fleet management side we are the largest independent, as the others in our market are owned by banks or venture capitalists,
“Our position allows us to dictate better terms with suppliers, handle any size of fleet and deal with very complex challenges,
“On the leasing side, as it becomes more commoditised, buyers want a partner who can guarantee to get them the best deal, which is why they are coming to us.”