WELFARE equipment specialist Garic has announced a ‘record’ turnover in its latest financial results.
The firm has reported a 21% increase in revenue to £28 million – up £4.9 million on the previous year.
Garic has expanded its Scottish and Midlands operations, and also invested £1.5 million in a new distribution centre at West Thurrock, which is facilitating the supply of rental eco-products in central London for contracts such as the Thames Tideway and DEFRA Fleet Services Emergency Response Teams.
Nigel Quinn, managing director said, “Garic’s sustained growth, not just financially but also in terms of geographical foothold and product development, clearly demonstrates that our approach and drive for business excellence is reaping dividends. Our strategy to achieve this included a goal to make Garic one of the top ‘go to’ hirers in the UK.
“One of the main reasons I believe we’re achieving this is the differentiator between us and the rest of the industry on quality. By nature, the construction sector is hard on plant and equipment so hiring out products that arrive as good as new on each and every job can be challenging.”
“Garic’s Right First Time initiative has now been operational for two years and our latest statistics show that 98.5% of products hired out do not break down. Customer related breakdowns rather than product faults are also included in this figure so in reality this percentage is even higher.”
“We also measure our quality standards using a ‘no intervention’ marker for all live hires. For example, last week there wasn’t one single breakdown on site throughout the UK across our entire hire stock. This indicates that every product from a welfare cabin to a boot wash has been fully maintained and passed its 30-point check before going out on hire again. We get a lot of feedback from clients commenting that our products are like new. Sending out site solutions rather than problems means the construction industry can fulfil its CDM regulations in the most environmentally friendly way without worrying that a site office will lose power or a mobile toilet will become blocked.”
The last financial year also saw the company launch Garic Rail, a dedicated division for the hire of specific products to rail providers and contractors working within the rail sector. The division is already working with companies including VolkerRail and J Murphy & Son, and has established a collaborative partnership with Network Rail.
