The Marshall Leasing story
Marshall Leasing operates a fleet of over 8000 vehicles with a net book value of over £100m. Throughout the years our journey from fledgling company to award winning national fleet operator has been charted by the current senior management team. Our heritage and experience in fleet management and finance lies at the heart of our customer focused operation. Marshall Leasing is an integrated vehicle leasing business positioned 26th largest fleet leasing company in the UK (2018 FN50). The business is service led and has been rated number one in the independent fleet eye customer survey for 2016. We also were voted ‘Fleet Service Company of the year’ in 2010, 2013 and 2016, and ‘Fleet Leasing company of the year’ 2017 by the Association of Car Fleet Operators (ACFO). In 2018 we were winners of Fleet News Leasing Company of the year up to 20,000 vehicles.
Today Marshall Leasing is a Bank of Ireland owned business. We began life as an independent contract hire and fleet management company within the family managed and privately owned Marshall of Cambridge group. Following the motor group’s floatation on the stock market AIM in 2015 we became the subsidiary of Marshall Motor Holdings PLC. Two years later the N.I.I.B Group Limited which trades as Northridge Finance, a wholly owned subsidiary of Bank of Ireland UK (BOI) acquired Marshall Leasing.
NIIB Group Northridge Finance was established in 1956 in Bangor, Northern Ireland. In 1984, NIIB was bought by the Bank of Ireland Group and is now the leading independent finance company in Northern Ireland. They entered the Scottish market in 1999, followed by a move into England and Wales in 2003. Today, regulated by the Financial Conduct Authority and members of the Finance & Leasing Association, their steady growth in all these markets continues. This success speaks volumes about the value of their personal approach to establishing mutually beneficial long-term partnerships, which remains central to the business today. Along the way, they have gained a strong reputation as a solid, well-established business partner dedicated to understanding the needs and aims of their clients. The synergy between Northridge Finance and Marshall Leasing is as much about shared value as it is shared ambition and our close relationship now generates significant opportunities.
Marshall of Cambridge was established in 1909 by David Gregory Marshall, as a chauffeur drive company, which was an immediate success. During a chance meeting with Sir Herbert (later Lord) Austin during the Great War resulted in Marshall being awarded the Distributorship for Austin in Cambridgeshire immediately after the war. Today the company that David Marshall founded is one of the UK's leading Motor Groups with 103 franchises covering the United Kingdom and delivering the whole range of premium brands.
Bank of Ireland UK provides simple, flexible, accessible financial services propositions to UK customers, both directly and through partnerships with trusted UK brands and intermediaries. Bank of Ireland has been supporting customers in the UK for over 200 years, and is a separately incorporated subsidiary of Bank of Ireland Group - a leading retail bank in Ireland which was founded in 1783.