What Speedy Services does

Speedy Services is the consumer-facing trade name of Speedy Hire Plc, a London-listed UK public limited company operating one of the country's largest tool, equipment, and plant hire platforms. Founded circa 1980, the business runs 200+ service centres and depots across the UK and Ireland, complemented by hire counters in selected B&Q and Tradepoint stores, and supports a catalogue of 3,500+ product lines spanning power tools, plant, working-at-height access, landscaping and gardening, heating/drying/cooling, concrete and compaction, generators and power, and material lifts. Alongside hire, Speedy sells tools, equipment, PPE, and site supplies, and operates 34 accredited training facilities delivering IPAF, PASMA, CPCS, NPORS, ITSSAR, City & Guilds, NEBOSH, IOSH, and CITB courses, plus a VR-based MEWP simulator developed with IPAF and Serious Labs under the Speedy Powered Access and Lloyds British subsidiaries.

The business operates a primarily product-led, self-service go-to-market model: trade and DIY customers browse and order online through speedyservices.com or the Speedy mobile app (iOS/Android with biometric login, barcode off-hire, click & collect), open credit or cash accounts, and rely on a guaranteed 4-hour delivery SLA on 350+ popular SKUs. Revenue is generated through usage-based equipment hire (daily, weekly, or longer terms, with rates starting around £9.95/week for basic items and exceeding £234/week for premium plant), hardware sales of tools and consumables, professional-services revenue from accredited safety training, and a tiered Speedy Shield damage waiver (5–20% of hire rate) that is auto-applied to cash hires. The MySpeedy portal provides trade accounts with real-time pricing, off-hire, invoice management, order history, and scheduled reporting, while DIY customers see VAT-inclusive list pricing. Speedy addresses two primary segments, trade professionals (construction, infrastructure, landscaping) and DIY consumers (home improvement, gardening), positioning the depot network, accredited training, and digital tooling as the basis for repeat, multi-product wallet share.

Name

Speedy Services

Legal name

Speedy Hire Plc

Website

https://speedyservices.com

Company type

Public

Founded year

1980

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Speedy Services is the consumer-facing brand of Speedy Hire Plc, a London-listed UK equipment hire operator running 200+ depots across the UK and Ireland with 3,500+ product lines, accredited safety training, and digital self-service for trade and DIY customers.

Ownership category

akta.pro rank

Headquarters

HQ city

Newton-le-willows

HQ country

United Kingdom

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Equipment Hire: Primary revenue stream from renting tools, equipment, and plant machinery to trade professionals and DIY consumers on a daily, weekly, or longer basis. Pricing varies by product category and hire duration.
2. Equipment Sales: Sale of tools, equipment, PPE, site supplies, and accessories alongside the hire business.
3. Training Services: Revenue from safety and skills training courses including IPAF, PASMA, CPCS, NPORS, ITSSAR accredited courses delivered at 34 facilities across the UK or on-site.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Speedy Services rents tools, equipment, and plant machinery from over 3,500 product lines to trade professionals and DIY consumers through 200+ UK depots and an online portal. The company supplements hire with direct equipment and PPE sales and accredited safety/skills training courses (IPAF, PASMA, CPCS, NPORS, ITSSAR). It also offers MySpeedy online account management, the Speedy mobile app, click-and-collect, and a 4-hour delivery guarantee on 350+ popular products.

Product overview

Speedy Services is a UK-based tool and equipment hire company operating as a single unified platform offering tool hire, equipment hire, plant hire, and training services. The core offering is tool and equipment hire with over 3,500 product lines available through a network of 200+ depots, with supplementary services including training courses (IPAF, PASMA, VR training), MySpeedy account management, the Speedy mobile app, Click & Collect, and 4-hour delivery. The product portfolio spans power tools, plant equipment, working at height solutions, landscaping equipment, climate control, concrete/compaction equipment, generators, material lifts, and sales of tools and equipment. Services are available to both trade/business customers and DIY consumers.

Differentiator

Problem solved

Functional benefit

Products and services

• Power Tools Hire Extensive range of power tools including drills, breakers, sanders, grinders, and cutters available for hire across 203+ products. Targets trade professionals and DIY users for construction, renovation, and maintenance projects.
• Plant Equipment Hire Plant hire including excavators, dumpers, rollers, telehandlers, forklifts, and moling equipment for construction and landscaping projects. Targeted at trade and professional users.
• Working at Height Hire Equipment for working at height including ladders, steps, towers, powered access (scissor lifts, boom lifts), and low level access solutions with 330+ products. For trade professionals performing elevated work.
• Landscaping and Gardening Hire Garden and landscaping equipment including rotavators, turf cutters, brush cutters, hedge trimmers, tree stump grinders, and chipper shredders for landscapers and DIY users.
• Heating, Drying and Cooling Hire Climate control equipment including industrial fans, air conditioning units, coolers, and heating solutions for construction sites, events, and commercial environments.
• Concrete and Compaction Hire Concrete mixing, compaction, and finishing equipment including plate compactors, cement mixers, pokers, and tamping beams for construction projects. Targeted at trade and professional users.
• Generators and Power Hire Power generation equipment including portable generators, canopied generators, containerised generators, solar generators, battery storage units, and cables for site and event power needs.
• Material Lifts Hire Portable lifting solutions including Genie material lifts, fork extensions, and boom attachments for indoor and outdoor material handling applications.
• Accredited Training Courses Safety and skills training courses including IPAF (powered access), PASMA (access towers), crane operations, forklift truck (ITSSAR), plant operator (CPCS/NPORS), confined space, first aid, fire safety, and health & safety training delivered at 34 UK facilities or on-site. Achieves a 98.6% pass rate and 92.5% delegate satisfaction.
• VR Training Simulator Virtual Reality training simulator for MEWP (Mobile Elevating Work Platform) operator training, providing realistic simulation of boom lift and scissor lift operations in a safe, controlled environment. Co-developed with IPAF and Serious Labs.
• Tools and Equipment Sales Direct purchase of tools, equipment, access equipment, lifting gear, PPE, site supplies, surveying equipment, and landscaping supplies alongside the hire offering. Targets both trade and DIY customers.

Quantifiable outcome

• 4-hour delivery guarantee on 350+ products
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• IPAF (International Powered Access Federation)coreStrategic or Co-development PartnerIPAF is the accrediting body for powered access training. Speedy Training works with IPAF to deliver MEWP operator training courses using classroom, eLearning, and VR simulation methods. IPAF training complies with ISO 18878 2004 standard, and the PAL card is recognized worldwide as proof of training.
• PASMA (Prefabricated Access Suppliers' and Manufacturers' Association)coreStrategic or Co-development PartnerPASMA is the accrediting body for mobile scaffold tower training. Speedy provides certified PASMA Access Training Courses, acknowledged as the definitive industry standard for users of alloy towers.
• City & GuildscoreStrategic or Co-development PartnerSpeedy Training offers City & Guilds accredited confined space training courses suitable for various industries, including low, medium, and high risk courses as well as management and rescue.
• ITSSAR (Independent Training Standards Scheme and Register)coreStrategic or Co-development PartnerITSSAR accredited forklift truck training courses available through Speedy Training, covering various forklift types including powered pallet trucks, counterbalance, sideloader, reach trucks, and telehandlers.
• CPCS (Construction Plant Competence Scheme)coreStrategic or Co-development PartnerSpeedy Training offers CPCS accredited plant operator training courses for various construction plant equipment.
• NPORS (National Plant Operators Registration Scheme)coreStrategic or Co-development PartnerNPORS accredited plant operator training courses available through Speedy Training as an alternative certification scheme.
• NEBOSH (National Examination Board in Occupational Safety and Health)minorStrategic or Co-development PartnerSpeedy Training provides NEBOSH General Certificate courses for health and safety qualifications.
• IOSH (Institution of Occupational Safety and Health)minorStrategic or Co-development PartnerIOSH Managing Safety and IOSH Working Safely courses offered through Speedy Training for occupational health and safety certification.
• CITB (Construction Industry Training Board)minorStrategic or Co-development PartnerSpeedy Training offers CITB Site Safety Plus courses including Health & Safety Awareness training for construction workers.
• Lloyds BritishcoreChannel Partner/ Reseller/ DistributorLloyds British is a subsidiary brand of Speedy Hire offering crane operations and lifting training courses. Website references Lloyds British brand for lifting equipment training services.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Sunbelt Rentals (UK): UK arm of Ashtead Group's Sunbelt Rentals, offering general tool hire, plant, and powered access. Direct competitor with national scale and the backing of a global rental leader.
• HSS Hire: One of Speedy's closest UK tool and equipment hire competitors with a national depot network, training services, and similar trade/DIY split. Directly comparable on product breadth, customer segments, and 4-hour delivery-style service promises.
• Brandon Hire Station: UK tool and plant hire specialist with broad depot coverage and overlapping categories (power tools, access, plant). Comparable business model, customer base, and product range to Speedy.

Broad incumbents

• Boels Rental: Leading European equipment rental company with UK presence through Boels Hire. Comparable in product breadth (tools, plant, access) and customer mix but with broader European footprint and parentage.
• Kiloutou: French-headquartered equipment rental group with UK operations spanning tool, plant, and access hire. Comparable in core categories and B2B/B2C mix, though primary scale is continental European.
• Travis Perkins: UK-listed builders' merchant and tool hire provider (Toolstation, Hire Universe). Competes for the same trade customer wallet across materials and equipment, though distribution-led rather than hire-led.
• Aggreko: Global specialist in temporary power and temperature control equipment rental. Overlaps with Speedy's generators, heating/drying/cooling categories and serves similar industrial/construction end markets.
• United Rentals: World's largest equipment rental company (US-listed). Comparable business model across general tool, aerial, and industrial fleet; serves as the global benchmark for fleet utilisation and pricing.
• Ashtead Group: FTSE 100 parent of Sunbelt Rentals in North America and Sunbelt UK. Comparable equipment rental portfolio with public-company disclosure that benchmarks industry economics for Speedy.

Regional players

• Hewden Stuart Crane Hire: UK-focused crane and plant hire specialist. Overlaps with Speedy's plant and lifting categories (Lloyds British) and serves similar construction/infrastructure customers, though narrower in scope.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks3 records

Key highlights7 records

Customer concentration

• Xx.com/wearespeedy
• LinkedInlinkedin.com/company/speedy-hire-plc
• Instagraminstagram.com/speedyhirediy
• Facebookfacebook.com/wearespeedy

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about Speedy Services