Zigup

Zigup plc is a large commercial vehicle rental provider and of accident management and repair services, operating in the UK, Ireland and Spain.^[2] It is headquartered in Darlington, County Durham with over 130,000 vehicles, mainly light commercial vehicles. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Zigup plc

Formerly	Goode Durrant & Murray, Northgate plc, Redde Northgate plc
Company type	Public
Traded as	LSE: ZIG FTSE 250 component
Industry	Vehicle rental
Founded	2 July 1897; 127 years ago (1897-07-02) (the legal entity) 1981 (the Northgate business) entity) 2020 (Redde Northgate)
Headquarters	Darlington, County Durham, England, United Kingdom
Key people	Avril Palmer-Baunack, chairman Martin Ward, chief executive
Revenue	£1,833.1 million (2024)[1]
Operating income	£193.8 million (2024)[1]
Net income	£125.0 million (2024)[1]
Website	www.zigup.com

History

Goode Durrant plc

Goode Durrant plc was incorporated on 2 July 1897.^[3]

In January 1987, Goode Durrant & Murray Group plc was acquired by an Australia-listed company Ariadne Australia via its Hong Kong-listed company Impala Pacific, which renamed the UK company to Goode Durrant plc.^[4][5]

In July 1987, Goode Durrant acquired Northgate Motor Holdings, a company established by Alan Noble in 1981 as Noble Self Drive in Darlington.^[6]

In 1997, Goode Durrant bought Transport Development Group (TDG) Vehicle Rental.^[7]

Northgate plc

In 1999, Goode Durrant plc was renamed into Northgate plc.^[6] In 2002 the company acquired 40% of Furgonetas de Alquiler SA, a Spanish vehicle rental business, and subsequently exercised an option to buy the remainder.^[8] In 2005, Arriva sold its UK-wide vehicle rental business to Northgate for £129 million.^[9]

Kevin Bradshaw replaced Bob Contreras as chief executive in 2017.^[10][11]

Redde Northgate plc

In 2020, Northgate plc merged with Redde plc, a provider of replacement vehicle, incident and accident management services, to form Redde Northgate plc.^[12]

Martin Ward replaced Kevin Bradshaw as chief executive as part of the merger.^[13]

Zigup Plc

In 2024, Redde Northgate plc announced a change of name to become Zigup plc.^[14][15]

Operations

The company offers vehicle rental, fleet management, electric charging installation, vehicle disposal, vehicle ancillary services, replacement vehicle, repairs, incident & claims management, vehicle data and EV fleet consulting.^[16]