September 26, 2016 11:15 PM ET

Diversified Consumer Services

Company Overview of Nationwide Accident Repair Services Limited

Company Overview

Nationwide Accident Repair Services Plc provides automotive accident repair management services to the automotive insurance industry, fleet operators, and retail customers in the United Kingdom. The company operates through three segments: Nationwide Crash Repair Centres (NCRC), Network Services, and Motorglass. The NCRC segment provides motor vehicle repair services. The Network Services segment offers accident administration and management services comprising call center, first notification of loss, deployment for repair, claims handling, organizing hire/courtesy vehicle, salvage disposal, and engineering services. The Motorglass segment operates vans for mobile glass repair and replacemen...

17A Thorney Leys Park

Witney,  OX28 4GE

United Kingdom

Founded in 1908

2,334 Employees

Phone:

44 19 9370 1720

Fax:

44 19 9370 1721

Key Executives for Nationwide Accident Repair Services Limited

Chief Executive Officer and Executive Director
Age: 56
Finance Director, Secretary and Director
Age: 55
Operations Director
Managing Director of PDS
Age: 70
Group Financial Controller
Age: 45
Compensation as of Fiscal Year 2016.

Nationwide Accident Repair Services Limited Key Developments

Nationwide Accident Needed Financing Partners

Nationwide Accident Repair Services Limited needed flexible financing partners before the acquisition of DWS Automotive Repair Solutions Ltd. "We needed flexible financing partners with an understanding of our business. The facilities we now have in place give us the confidence to embark on a fresh cycle of growth, secure in the knowledge that the capital we need for further expansion through acquisition will be on hand exactly when required," said Michael Wilmshurst, Chief Executive Officer, Nationwide Accident.

Nationwide Accident Seeks Acquisitions

Nationwide Accident Repair Services Limited has complied the required finance to make further acquisitions through Investec Growth & Acquisition Finance and Barclays on the acquisition of DWS Automotive Repair Solutions Ltd. The company said, ""We needed flexible financing partners with an understanding of our business. The facilities we now have in place give us the confidence to embark on a fresh cycle of growth, secure in the knowledge that the capital we need for further expansion through acquisition will be on hand exactly when required."

Nationwide Accident Repair Services Limited(AIM:NARS) dropped from MSCI Acwi + Frontier Markets(acwi Fm) All Cap Index

Nationwide Accident Repair Services Limited(AIM:NARS) dropped from MSCI Acwi + Frontier Markets(acwi Fm) All Cap Index

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 4, 2016
DWS Automotive Repair Solutions Limited
 

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