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June 25, 2018

Ethos to undergo UK expansion

UK asset finance firm Ethos is to relocate to larger offices in the Yorkshire area. The firm, which now employs eight people, will remain at Hornbeam Park, but with increased office size at the site’s Innovation Centre.

By Christopher Marchant

UK asset finance firm Ethos is to relocate to larger offices in the Yorkshire area.

The firm, which now employs eight people, will remain at Hornbeam Park, but with increased office size at the site’s Innovation Centre.

Ethos offers funding and vehicle sourcing for the UK’s chauffeur market. In 2017 there was a 60% increase in turnover at Ethos, with the first quarter of 2018 already showing a 10% increase in customer base.

As well as the chauffeur and private hire sectors Ethos is planning to expand its position in the prestige cars and agriculture sectors.

The company was founded by Chris Brown in 2007. Brown’s previous experience was in the banking industry.

Brown said of the expansion: “The new office provides the team with a modern facility which is also a fantastic space for customer visits. Myself and the team are delighted with the recent growth especially as it is in line with our strategic ambition for the next two to three years.”

We are also delighted that 90% of our business comes from referrals, which is testament to the quality of the service we offer. We look forward to demonstrating our capabilities in this sector, amongst others, to visitors of the Great Yorkshire Show in July.”

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