Multifleet Vehicle Management, which trades as Runyourfleet, has been recognised for innovation by the King’s Award for Enterprise.

L-R: Simon Shiner, CFO at Runyourfleet, with chief executive Steve Whitmarsh

The accolade celebrates the successful development of the firm’s online platform, which was relaunched in 2021 by its inhouse software engineers to meet the specific needs of its wide-ranging customer base.

The business said the platform has resulted in company profits growing by more than 100% in each of the last three years.

Runyourfleet, based in Henley-in-Arden, Warwickshire, now has a customer base of over 1,200 businesses across the UK, providing fleet management services for more than 32,000 vehicles.

Its customers range from accountancy firms to NHS ambulance services, and it provides everything from vans, company cars and rental services to salary sacrifice.

Steve Whitmarsh, chief executive of Runyourfleet, said company revenues had grown to £19m in its last financial year, with staff numbers rising by 30% to 37 since 2022.

He commented: “We are honoured to receive the prestigious King’s Award for Enterprise for innovation in recognition of all the hard work our team has put in to developing this platform.

“The flexible architecture used to build the platform is where the true innovation rests, enabling us to develop and launch new modules and services at short notice in response to changing market and customer needs.”

It’s the latest awards win for the business, which also scored two awards in the same night in March.

The Midlands-based firm won the award for Excellence in Technology and Innovation at the prestigious Greater Birmingham Chambers of Commerce Awards, attended by over 1,200 people at the ICC in Birmingham. On the same evening, it also won Service Provider of the Year at the Midlands Service Excellence Awards held in Solihull.