The Novalease scheme, first made popular in Australia, is a unique leasing agreement that enables an employee to take their company car with them when they change jobs.

Carlisle-based sgfleet now manages more than 2,200 cars and vans in the UK. It is part of the SG Fleet Group, which operates in Australia and New Zealand, managing around 84,000 vehicles in total.

Dorricott said: ‘Our focus at sgfleet is on avoiding all elements of risk and hassle for businesses while also creating a better offer for employees.

‘And we don’t say a business has to have a certain number of employees. Our scheme is designed to work for employers of all sizes. There is no need to create a contingency fund or take out insurance to cover early termination costs.

‘So far it’s proved popular with organisations that haven’t traditionally had a fleet, as well as those looking for an alternative to a cash allowance scheme. We look forward to its continued growth in 2015.’

The firm says the solution fits well with sgfleet’s policy to solely fit Michelin tyres to its fleet, as operations director Chris Dorricott says those who participate take a real pride in their vehicles.

He explained: ‘You hear horror stories about how individuals treat company cars, but actually a lot of people take real pride in their vehicle even if they don’t own it. Novalease is a perfect fit for those people and for those businesses that want to reward their employees with the benefit of a company car, but are keen to avoid any liability should a person move on.

‘We could save money by fitting different tyres to our vehicles, but in my mind Michelin tyres are the best value. They are the safest and last the longest, and our scheme is aimed at people who will appreciate those factors.’