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Speedy Services history
Speedy Services company history timeline
1977 Speedy opens its first depot in Wigan John Brown forms Livesey Hire in Wigan
The 1982 acquisition of Speedy Fixings Power Tools Ltd. not only provided the company with a new name, it also added rental offices in Prescot, Llandudno, and Manchester.
In 1987, however, the company made its entry into the important southern region, installing its first depot in London.
1987 First Speedy depot opens in London, with Graham Neave, Ian Gibson, Kevin Everett and Shane Coil joining the company
In 1989, Allen Brothers went public, listing on the London Stock Exchange and changing its name to Allen plc.
By the end of 1994, the company had completed its second major acquisition, of Kendrick's Hire.
At the end of 1995, for example, the company acquired a group of depots from John Cummings, a purchase which brought the company into Scotland for the first time.
1996 Acquisition of Tidy Hire to create Speedy Midlands
Speedy continued to build its national map into the mid-first decade of 2000.
When Allen's building division slipped into economic trouble in 2000—posting its first loss since the company's founding—Speedy emerged as the group's most vital unit.
In response, Allen's management announced its decision to spin off Speedy as a separate, publicly listed company in 2001.
2001 Name change to Speedy Hire Plc
Clein, Daniel, "Rental Company Goes for Rapid Expansion," Daily Post, January 3, 2002.
By 2002, Speedy had succeeded in raising itself to the number two spot in the U.K. hire market, claiming nearly 10 percent of the total market.
Similarly, in 2002, the company established another subsidiary, Speedy Lifting, which took over the operations of the group's lifting machinery rentals.
That operation was boosted in 2003 through the acquisition of Watts Optronics, enabling the company to claim the leading position in that specialty rental sector.
By then, the company had launched several other specialized subsidiaries, including Speedy Pumps, created in 2004, Speedy Space, focused on portable accommodations; and Speedy Power, which had gained the U.K. lead in the power generation and compressed air market.
"Speedy Hire Looks at Irish Expansion After Strong First Half," Rental Equipment Register, December 1, 2005.
2006 Speedy launches its second SFTGU campaign to raise awareness of Hand Arm Vibration Syndrome (white finger) – an occupational disease affecting thousands of workers Speedy launches its corporate responsibility report.
2008 Speedy launches its first Multi Service Centre (MSC), an 8 acre logistics and distribution centre to bring the groups entire products and services under one roof.
2013 Speedy revolutionizes the market with the integrated services concept – designed to optimize our client’s assets, reduce their risk and enable delivery of their projects
Russell Down appointed as CEO in June 2015
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Speedy Services competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Star Rentals | 1900 | $2.8M | 125 | - |
| Winner International | - | $1.6M | 10 | - |
| Harmon | 1949 | $210.0M | 750 | 2 |
| Max I. Walker | 1917 | $3.6M | 27 | - |
| Mid-cape Home Centers | - | $42.0M | 180 | - |
| A1 Supply | - | $1.0M | 25 | - |
| Pental Surfaces | 1999 | $1.9M | 25 | - |
| Sun Devil Fire | 1986 | $850,000 | 125 | - |
| US Supply | 1950 | $15.0M | 125 | - |
| Carpets N More LV | - | $860,000 | 50 | - |
Speedy Services history FAQs
Zippia gives an in-depth look into the details of Speedy Services, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Speedy Services. The employee data is based on information from people who have self-reported their past or current employments at Speedy Services. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Speedy Services. The data presented on this page does not represent the view of Speedy Services and its employees or that of Zippia.
Speedy Services may also be known as or be related to Speedy Hire plc, Speedy Services, Speedy Stores, Inc. and Speedy's.