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Aequitas Automotive Ltd is pleased to announce record trading results. Our Wirral based company own and operate leading Gap Insurance brands GapInsurance123, Easy Gap, Shortfall.co.uk and Totallossgap as well as the TyreInsurance123 brand. Our 2016 sales saw nearly 50% growth compared to 2015, as well as a nearly 300% increase in company trading figures. These results can be verified with our accounts now lodged at Companies House.
2016 saw a significant investment from Aequitas Automotive Ltd in the purchasing and development of the Grade 1 listed buildings at 56 and 57 Hamilton Square on the banks of the River Mersey in Birkenhead. Our historic base not only provides a stunning place for us to work but also represents a six-figure investment in restoration and installing the latest, high-tech IT facilities to a 7,000 square foot facility.
Aequitas Automotive Ltd also saw all GapInsurance123 policyholders now provided with the protection of an 'A' credit rated underwriter when all Gap123 customers being transferred to cover underwritten by AM Trust International Underwriters in December 2016.
2017 has started with a bang also. Despite media speculation that vehicle sales would drop in 2017, the first month of January saw Aequitas record the best January trading figures in the companies history. The early indications are that the trend will continue for the first quarter of 2017, culminating in the new '17' car registration month of March.
Without wanting to rest on our laurels either, we will be announcing a new underwriting relationship with one of the largest, and most established, insurance providers in the niche motor field in the very near future.
Add all of this to the fact that we have increased our workforce numbers by 25% in the last year also means that we are enjoying an unprecedented period of expansion and success.
As always we thank and appreciate our customers for their continued support.