Vp

Specialist Equipment Rentalvpplc.com

Company typePublic
Founded1954
HeadquartersHarrogate, United Kingdom
Headcount1,001–5,000
GTM typeB2B
OfferingServices

What Vp does

Vp plc is a UK-headquartered specialist equipment rental company founded in 1954 and listed on the London Stock Exchange (ticker: VP). The company rents specialized equipment and provides associated services principally to customers in the Infrastructure, Construction, Housebuilding, and Energy end-markets, both domestically and overseas. Operations span more than ten branded divisions including Groundforce (trenching and shoring), TPA and Torrent Trackside (rail), Brandon Hire Station (general hire), MEP Hire (mechanical and electrical), UK Forks (materials handling), Airpac Rentals (compressors), TechRentals (Australia), ESS, and Charleville Hire & Plant (Ireland), with notable project work on Hinkley Point C, the Vienna Metro expansion, and Balfour Beatty contracts.

The business model is asset-heavy equipment rental on a B2B basis, with revenue generated through short-term and long-term project-based contracts, project-specific quotations, and bundled service offerings. Distribution is conducted through a direct branch network in the UK (41 Brandon Hire Station locations post-FY26 restructuring, down from 119) and international operations in Ireland and Australia. The company has expanded its go-to-market through Vp Rail, a 2024-launched integrated rail solution offering a single point of contact across all rail specialisms, and is piloting hydrogen-powered telehandler technology with JCB and Barratt Redrow as part of its sustainability positioning.

FY26 group revenue was £358.3 million (down 5.7% year-on-year), with international revenue growing 14.1% to £71.2 million and adjusted profit of £27.0 million (down 26.4%). Vp plc is led by CEO Alice Woodwark (appointed February 2026) and Chairman Jeremy Pilkington, following the departure of former CEO Anna Bielby, and is currently executing a turnaround combining UK cost restructuring, international expansion through acquisitions (notably CPH in Ireland, October 2024), and strategic cross-division platforms.

Vp firmographics

Firmographics

Name: Vp
Legal name: Vp plc
Website: https://vpplc.com
Company type: Public
Founded year: 1954
Operating status: Operating
Headcount range: 1,001–5,000 employees
Ownership category
akta.pro rank

Vp industry classification

Industry

Product category: Specialist Equipment Rental
NAICS: Commercial and Industrial Machinery and Equipment Rental and Leasing (5324), Other Commercial and Industrial Machinery and Equipment Rental and Leasing (53249), Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing (532411)
SIC: Services-Equipment Rental & Leasing, Nec (7359), Services-Miscellaneous Equipment Rental & Leasing (7350)
akta.pro primary industry: Site Services & Temporary Infrastructure Rental/Leasing (Portable Toilets, Fencing, Storage Containers) (TLABAFAH)

Keywords

Specialist equipment rental
Construction plant hire
Trenching shoring solutions
Powered access rental
Rail infrastructure equipment

Where Vp is headquartered

Location

Headquarters

HQ city: Harrogate
HQ country: United Kingdom
HQ region: Europe

Offices2 records

Markets served

Vp business model

Business model

GTM type: B2B
Offering type: Services
Cost components: Operations, Supply Chain, Personnel, Infrastructure, Marketing or Sales, Others

Revenue model

Equipment Rental: B2B specialist equipment rental serving infrastructure, construction, housebuilding and energy markets. Revenue is generated through rental of specialized equipment with both short-term and long-term project-based contracts. The company operates multiple divisions including Groundforce, TPA, Torrent Trackside, Brandon Hire Station, MEP Hire, ESS, UK Forks, Airpac Rentals, TechRentals, and Charleville Hire & Plant.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Vp product offering

Product offering

Core offering

Vp plc is a specialist equipment rental company providing the rental of specialist construction products and associated services for the Infrastructure, Construction, Housebuilding, and Energy markets. Operating through multiple branded divisions including Groundforce (trenching and shoring), TPA, Torrent Trackside (rail), Brandon Hire Station, MEP Hire (work at height), UK Forks, Airpac Rentals, TechRentals, ESS, and Charleville Hire & Plant, it supplies equipment and ongoing project support to enterprise B2B customers on short-term and long-term contracts.

Product overview

Vp plc is a specialist equipment rental company providing a diverse portfolio of rental equipment and services across multiple divisions. The company operates through various branded divisions including Groundforce (trenching and shoring), TPA and Torrent Trackside (rail), Brandon Hire Station (general hire), MEP Hire (mechanical and electrical), UK Forks (materials handling), Airpac Rentals (air equipment), TechRentals (technology equipment), and ESS. The portfolio also includes VP Rail, an integrated rail solution launched in 2024 offering one-stop-shop access to rail specialisms. Acquired brands include Charleville Hire & Platform (CPH) in Ireland and M&S Hire in the UK. The company serves infrastructure, construction, housebuilding, and energy markets.

Differentiator

Problem solved

Functional benefit

Brands

Vp Rail: Integrated rail solution offering one-stop-shop access to all of the Group's rail specialisms through a single point of contact for project support, central hire desk, and streamlined quotation and invoicing process.
Groundforce
Brandon Hire Station
MEP Hire
TPA
Torrent Trackside
TechRentals
Airpac Rentals
UK Forks
ESS
Charleville Hire & Platform (CPH)

Products and services

Groundforce Trenching and shoring specialist rental business providing innovative bracing concepts for deep excavations to prevent movement and collapse, serving infrastructure and construction markets.
TPA Rail-related specialist equipment and services division operating within the rail infrastructure sector.
Torrent Trackside Rail trackside equipment rental and services provider supporting rail infrastructure projects.
Brandon Hire Station Equipment hire station division restructured into an exclusively B2B specialist trade operation following FY26 restructuring, serving construction and housebuilding customers through 41 locations.
MEP Hire Mechanical, electrical, and plumbing equipment hire division specialising in work-at-height solutions for the commercial fit-out sector.
ESS Equipment and support services division providing specialist rental solutions including environmental and safety equipment.
UK Forks Forklift and materials handling equipment rental division.
Airpac Rentals Air compressor and pneumatic equipment rental division.
TechRentals Technology and specialist equipment rental division serving customers in Australia and other international markets.
Charleville Hire & Plant (CPH) Irish powered access company acquired by Vp plc in October 2024, servicing pharma, renewables, technology, and food ingredient sectors in Ireland.
VP Rail Integrated rail solution providing customers direct access to all of Vp plc's rail specialisms through a one-stop-shop approach, including a single point of contact for project support, central hire desk, and streamlined quotation and invoicing processes.

Quantifiable outcome

International segment delivered 30% profit growth
+2 more outcomes

Companies that use Vp

Customer profile

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Vp technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Vp partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered core and minor.

Balfour BeattycoreChannel Partner/ Reseller/ Distributor · 3 October 2024Vp plc secured a contract with Balfour Beatty for lighting and fencing services, representing a significant customer relationship in the infrastructure sector.
Brathay TrustminorStrategic or Co-development PartnerVp apprentices participate in programs created by the Brathay Trust, which supports over 7,000 young people each year in the UK, inspiring growth and positive change through experiential residential programmes.
JCBminorStrategic or Co-development PartnerVp is collaborating with JCB on hydrogen-powered telehandler trials, demonstrating commitment to sustainable construction technology alongside Barratt Redrow.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Vp competitors and assessment

Company assessment

Market position

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Vp financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Vp leadership team

Management profile

Number of profiles

Profiles7 records

Vp subsidiaries and ownership

Company hierarchy

Subsidiaries11 records

Vp funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Vp M&A and investment

M&A and investment

M&A17 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vp

What does Vp do?

Is Vp a public or private company?

Vp is a public company. It is classified as public and is currently operating.

When was Vp founded?

Vp was founded in 1954. It employs 1,001 to 5,000 people.

Where is Vp based?

Vp is headquartered in Harrogate, United Kingdom, in the Europe region.

How does Vp make money?

One revenue line is on record: equipment Rental.

Does Vp have an API?

No public API is recorded for Vp.

What industry is Vp in?

Vp's product category is Specialist Equipment Rental. Its primary akta.pro industry code is TLABAFAH, Site Services & Temporary Infrastructure Rental/Leasing (Portable Toilets, Fencing, Storage Containers). Its NAICS code is 5324 and its SIC code is 7359.