Marshall: A private history
Marshall: A private history, now a public business
At the turn of the 20th century David Marshall leased a small workshop from Cambridge University and started hiring out and maintaining cars. Marshall Leasing continues this simple proposition to this day. Today Marshall Motor Holdings PLC is a top 10 UK motor dealer group. Since 2008 the Group has restructured its dealership portfolio, operating 71 franchise dealerships and representing 24 manufacturing brands. Turnover is in excess of £1bn per annum, and Marshall is the only motor retailer in the UK with top 5 prestige and top 10 volume brands, accounting for over 88% of the brands sold in the UK.
Heritage and expertise, in fleet management and transportation, lies at the heart of our customer-focused operation. Marshall Leasing is an integrated vehicle leasing business. The leasing business was the 25th largest leasing company in the UK in 2014 (FN50). The business is led by service rather than price, and has been rated in the top three in independent Customer Survey and voted Association of Car and Fleet Operator Lease Supplier of the Year in 2010 and 2013.
Marshall Leasing operates a fleet of over 6,000 vehicles with a net book value of £58.3m and provides a range of services including contract hire, contract purchase, fleet management, daily rental and risk management with associated services. The close relationship between Marshall Leasing and Marshall Motor Group generates significant leasing and retailing synergies. In particular, Marshall Motor Group provides new vehicles to Marshall Leasing and the leasing business provides a pipeline of retail vehicles to Marshall Motor Group’s used car operation.
The world of fleet management and funding is, by its very nature, bank and manufacturer dominated. Far too often the customer relationship is seen only in terms of contracts and profit. We believe that customer loyalty should be our prime objective. Our outstanding customer retention can be directly correlated to trust. We focus on building an open, supportive and honest working partnership where the objectives are always to deliver on your expectations and retain your valued custom. We believe that if we look after our clients they will stay with us. We provide bespoke vehicle management and finance solutions to a host of blue-chip clients. The business benefits highly from exceptional staff retention levels and a long-established management team.
Headed up by Peter Cakebread (BVRLA Chairman) and fellow directors Jonathan Ross, Richard Baird and Phil Targett, the Marshall Leasing senior management team have each been with the business for over twenty five years.
Marshall Leasing: Relationships matter