Congratulations to Driver Require on two well deserved wins at the Hertfordshire Business Awards 2017, which took place at Knebworth Barns on 23 November. The Stevenage-based driver recruitment specialist picked up the Business Growth Award, sponsored by Hertfordshire LEP, as well as the Medium Business of the Year Award.
The Business Growth award, a new category for 2017, recognises companies of any size that have demonstrated outstanding growth strategies across areas such as innovation, market development, staff development, strategic leadership and/or improvements in financial measures.
Driver Require was founded in 2000 and provides LGV drivers to some of the biggest names in retail, including Ocado, TK Maxx and Kingsmill (Allied Bakeries). The company was on a strong growth trajectory when the 2008 financial crisis hit which saw demand for services fall by 50% in the space of a few months. The company took the tough decision to stay in business despite formidable debt; securing loans, closing several offices and retrenching all but 4 members of staff in order to safeguard its finances. By 2010, its new growth strategy was finally taking form. Revenues reached pre-recession levels by December 2012 and today, Driver Require operates 7 branches, employs 30 staff, and has quadrupled its turnover in just four years, despite adverse market conditions.
As a member of the judging panel, Paul Witcombe, Hertfordshire LEP Enterprise & Innovation Manager says, "Driver Require has demonstrated remarkably consistent and sustained growth since 2008. The management team's leadership, personal commitment and courage to take difficult decisions pulled the company out of recession and has placed it on a solid footing for the future. The ability of the directors to embed a core set of values within the company and place skills and training at the heart of its growth strategy has seen it win major contracts with blue chip clients. This has led to the company growing from a £1m business in 2008 to a £13m business today.”
Driver Require CEO Kieran Smith says, “We were extremely honoured and delighted to have been shortlisted as finalists for these Awards, but to win both was utterly thrilling. Given the extraordinary strength of the field this year, we came up against some very strong competition. We are now incredibly proud to be a multi-award-winning business. For anyone who has ever considered entering a Business Award, just go for it – it’s certainly worth the effort.”