Nexus wins 'Group Scale-Up' title at National Business Awards

Nexus Vehicle Rental, the UK’s leading tech-driven business mobility provider, is celebrating after winning The Elite London Stock Exchange Group Scale-Up Award at the 2018 Lloyds Bank National Business Awards.

The award recognises Nexus’ market leading increase in sales, headcount, profitability, market share and geographical expansion over the last three years. The category champions those with the highest levels of sustained growth and a robust plan to deliver sustainable financial performance.

Nexus was commended for growing its staff by 30% year-on-year and increasing turnover by double-digits for four consecutive years. Competition was high in the category, with finalists across several sectors including: Housing, Data, Retail, Manufacturing, Energy and Finance.

Leeds-based Nexus specialises in providing access to more than 550,000 vehicles, including 100,000 specialist and commercial vehicles, across over 2,000 UK locations. Vehicles can be booked in just ten seconds via its award-winning online rental booking system, IRIS.

In the last 18 months, it has won more than 200 customers, had a record-breaking month in June with 11,500 vehicles out on rent on a single day; and secured its two millionth booking just last month.

David Brennan, CEO at Nexus Vehicle Rental, said: “To receive a National Business Award is testament to the work the whole team has been putting in. We wanted to challenge ourselves by competing against some of the most successful companies in the country this year and we’re delighted with an award win.

“Nexus has come a long way particularly in the last year, achieving a 62% increase in peak rental bookings year-on-year and securing a new private equity investor, and this award caps a fantastic period for the company. We are confident we can go from strength to strength and continue to deliver an award-winning service for our clients across the country.”

Head of Elite UK and International and National Business Awards judge, Umerah Akram, said: “We are proud to support the prestigious National Business Awards and specifically the Scale-Up Award, celebrating the best of British business. ELITE and London Stock Exchange Group are committed to championing ambitious companies and entrepreneurs, helping them scale and get the right funding.”

The National Business Awards allows companies to tell their success story to a national audience, regardless of size or industry. They celebrate true excellence in business, awarding the work by companies that combine creativity and innovation with effectiveness and who set new standards for their industries.

The 17th National Business Awards ceremony (organised by UBM) was held on 13 November at the Grosvenor House Hotel in London and attended by over 1,200 business leaders, entrepreneurs, politicians and journalists in celebration of the Best of British Ambition. BBC Breakfast’s Naga Munchetty hosted the evening and Joanna Lumley, OBE, was this year’s keynote speaker.