Keith Price Email and Phone Number
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An accomplished Managing Director with over thirty years experience in growing and running multi depot rental and support businesses in the UK rental market from divisional PLC businesses to start ups and SME's. A proven record of success and achievement in the rental and service support sector.A proven track record of revenue growth, profit development and diversification in the sector leading to success and achievement on a number of fronts.Experience in all industry applications in a diversity of sectors from rail to civil engineering and the hire of equipment and delivery of support services to ensure overall project delivery.I have built a successful career around my ability to establish and spearhead business functions, assess and anticipate financial and operational needs, communicate and implement long term solutions. My genuine commitment to ongoing financial and organisational success has allowed me to deliver consistently solid results in maintaining business success and revenue growth while also building strong relationships with clients and C level stakeholders.Substantial experience of mergers and acquisitions and personal experience of fund raising for a £10m MBO and a £5m MBO as well as numerous acquisitions thereafter.A Chartered Management Accountant by "trade" with over twenty years post qualification experience, predominately in the rental and infrastructure support area.I would be keen to expand my network so please feel free to connect with your contact details and I will get back to you.
Rapid Energy Ltd
View- Website:
- rapidenergy.co.uk
- Employees:
- 4
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Operations DirectorRapid Energy Ltd May 2024 - PresentWest Midlands, England, United Kingdom -
Managing DirectorPrice Management Services Jan 2024 - Jun 2024United KingdomProviding consultancy services and advice to clients in infrastructure and all associated areas - continuing the work carried out in this sector with multi depot operations offering equipment rental services and solutions to the infrastructure organisations across the UK and Europe. I have built this experience over a career in this sector across the past thirty years.
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Group Operations Support DirectorAndrews Sykes Group Plc Jan 2020 - Jan 2024United KingdomResponsible for supporting group wide operations overseeing the AS Group bus’. Member of the Group Strat Board managing all group business performance and attending monthly board meetings to review and drive business performance. Responsibility for two businesses under my direct control ; AAC&R (installed air conditioning & service business) and the French rental arm of the Group. Additionally supported the central services for the entire £83m Group (UK and the Group operations overseas). Also responsible with the Group MD for managing operational performance, budgets and strategy across the Group. I sat on monthly board meetings to measure progress on all performance matters.Key Achievements;-Op. profit incr’ from £16m (2020) to £21.5m (2022) - growth of 34% thanks to improved productivity and utilisation of assets & cost controls across group.Developed strategy and managed all of groups assets (total hire fleet holding circa £100m across 8 separate bus’) and stock with a group wide holding of £10m. Improved cash & working capital via a leaner group stock holding approach with benefit of utilising stock more efficiently and reducing new capex and preserving cash group wide.Managed asset purchasing and capex on new hire fleet valued at £9m p.a across the group.Leadership of transition to a new group wide ERP platform to unite all subsidiary businesses on one group wide rental platform.Responsible for group wide M&A activity with pot’ target list recommended and presented to board. Targets identified to optimise market share, consolidate market position and diversify core offering.Managed £20m in budget p.a for all support areas incl’ property, stock, overheads and working capital. particularly effective post pandemic in driving cash retention policies across the group.Planned and delivered growth in turnover and profit with turnover increasing from £67m (2020) to £83m in 2022 and great success in driving European growth to reduce over-reliance on UK market. -
Managing DirectorPrice Management Services (Uk) Ltd Sep 2017 - Jan 2020United KingdomProviding consultancy project support and advice to clients in rail and infrastructure industries.Key engagements;Developed a business plan for rail and infrastructure projects to gain support from group holding parent for established UK hire operation to acquire a stake in UK RRV market. Sector value was £100m per year. Bid value £15m.Led bid for NR High Output track renewal system. Contingent labour supply to this project was £30m across CP5.Bid for baggage handling and support services at two principal UK airports - value £2m.Supported the transition to allow a recognised contractor to enter RRV and rail project market in LNW and LNE and Scotland. Overall expansion value £10m.
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Chief Operating OfficerRss Infrastructure Ltd Sep 2018 - Aug 2019Birmingham, United KingdomOversaw 10 separate businesses that delivered services to a range of clients including Midland Metro, Amey Rail, Network Rail, NR High Output, Story Contracting, Balfour Beatty and Colas Rail. Created with the CEO a strategic plan for growth and diversification that has seen this group develop to a £30m entity. -
Director General ManagerBalfour Beatty Rail Jan 2016 - Sep 2017Hither Green / RedhillAs the lead in the BB Rail Plant reporting to the MD for Rail I oversaw all operations including ballast cleaning, tamping services throughout the UK and Ireland. Focussed on streamlining costs and enhancing service provision to areas such as MPV’s in London and South East and supporting the specialist RRV offering to London Underground. Played a key leadership role in organising fleet of assets and future investment of up to £50m.Key projects Network Rail £40m t/o p.a.Irish Rail £6m p.a.TfL £10m p.a.Developed strategic plan to increase turnover to £90m through improved engagement with devolved routes of Network Rail.
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Chief Operating OfficerQuattro Plant Limited. Sep 2013 - Aug 2015UkWorked with Tier 1 contractors to support Quattro bids in CP5. Oversaw the transition to MBO and back to founding ownership.
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Managing DirectorPrice Management Services (Uk) Ltd Apr 2013 - Aug 2013Uk WideManagement Consultancy Services to the plant, rental and specifically rail services sectors.
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Managing DirectorPaul John Plant Sep 2007 - Mar 2013Coalville, Leicestershire, England.Managing Director for a UK wide plant hire business servicing the civil engineering, rail and service sectors. The business turns over £12-15m p.a., employing between 100 and 200 people (depending on projects handled at anyone time).The business is a high level service provider to business to business clients across a variety of UK regions.We have been involved in delivering a number of key projects across the UK including;-Airdrie - Bathgate Rail Link (2009 -2011) - working with Balfour Beatty and Carillion Construction.Evergreen - working with BAM Nuttall (2010 - 2011)We are a framework supplier to Carillion, Balfour Beatty, Amey COLAS and May Gurney amongst others.
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Interim Management Consultancy RolesKeith Price Jan 2006 - Aug 2007MidlandsVarious roles on a self employed management consultancy basis - mainly in rental sector dealing with turnaround and fund raising in particular.My experience at Cox both in the original fund raising as well as subsequent acquisitions was invaluable. Roles here spanned commercial and strategic management of mainly owner managed businesses as well as finance and fund raising for the turnaround required.
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Managing DirectorCox Plant Ltd Jun 2001 - Nov 2005West MidlandsA management buy-out from Andrews Sykes Group plc that I led in 2001 for £9.5m that was thereafter grown by organic means as well as acquisition to a network of 35 depots from the 18 we originally acquired in 2001. My role here involved fund raising for the original acquisition as well as subsequent acquisitions thereafter.
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Commercial DirectorAndrews Sykes Jan 2000 - Dec 2001West Midlands / Uk Wide.Reviewed performance of overseas subsidiary companies and introduced a benchmarked approach to pricing improvements.Instigated a zero based cost reduction scheme to the recently acquired businesses. Achieved a 15% reduction in direct operating costs over an 18 month period.Instigated and followed a price review exercise that via involvement of the key negotiators manged to achieve an 8% increase on average rates within the first 12 months.Outsourcing and purchase review.Managed national accounts sales teams from bidding / work winning through to account management of working capital.Built and thereafter managed a team of three commercial managers to monitor and improve performance across the depot network. -
Finance DirectorAndrews Sykes Jan 1997 - Jan 2000Nationwide.Responsibility for complete accounts function set up and reporting across the UK hire business.Led a program of operational review working closely with Group Operations Director.Sourced targets and led a number of acquisitions - targets being primarily in the air conditioning sector - the largest growth market open to Andrews Sykes.Managed the integration of Cox Plant following its acquisition from TDG plc for £50m in 1998.Led the acquisition of RCR which was acquired in 1998 for £4m, thereafter ran this business with the Directors who novated across with the acquisition.Responsibility for IT and operational support services across the 50 depot UK network of Andrews Sykes. -
Management AccountantAndrews Sykes Hire Ltd. Sep 1994 - Dec 1996WolverhamptonResponsibility post the appointment of newly appointed Chief Executive for strategic re structure to focus business on core activity of hire. Worked closely with UK Operations Director to re-model business from a zero cost base. Manufacturing operations were closed and Group headcount cutr from 1000 to 500 staff.Built a new management accounts team to instigate the business review process.Led the "hive-up" of the air conditioning installation and service side of the business in 1997 which was thereafter branded as "Andrews Air Conditioning".Profits in Andrews Sykes Hire grew from £2m in 1995 to £9m in 1999.
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Management AccountantLex Harvey Jun 1993 - Sep 1994Coventry, West MidlandsA JV between Lex Service plc and Lombard. UK leader in materials handling hire with 6500 trucks across a network of 22 locations. Turnover £50m - Operating Profits of 25%.First exposure to an aggresive strategy of growth by acquisition.Responsibility for management accounts production,. budgets and forecasting and mangement reviews across the depot network.
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Assistant AccountantValeo Clutches Ltd Jan 1991 - Jun 1993BirminghamAssistant Accountant Role.
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Assistant AccountantBritish Telecom Apr 1985 - Dec 1990West Midlands.Accounts preparatory role and good all round accounts exposure.
Keith Price Skills
Keith Price Education Details
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West Midland School Of AccountancyAccounting -
West Midland School Of AccountancyCima -
North Bromsgrove High School.A Levels -
North Bromsgrove High School
Frequently Asked Questions about Keith Price
What company does Keith Price work for?
Keith Price works for Rapid Energy Ltd
What is Keith Price's role at the current company?
Keith Price's current role is Impactful operations leader - substantial experience in UK & European rental mkt. Broad experience from front line operations and bus growth to finance and whole area of support services, asset mgt and optimisation..
What is Keith Price's email address?
Keith Price's email address is ke****@****p.co.uk
What is Keith Price's direct phone number?
Keith Price's direct phone number is +157476*****
What schools did Keith Price attend?
Keith Price attended West Midland School Of Accountancy, West Midland School Of Accountancy, North Bromsgrove High School., North Bromsgrove High School.
What skills is Keith Price known for?
Keith Price has skills like Strategy, Business Strategy, Commercial Management, Management, Contract Management, Construction, New Business Development, Start Ups, Project Planning, Contract Negotiation, Outsourcing, Forecasting.
Who are Keith Price's colleagues?
Keith Price's colleagues are Jamie Ross-Davies, Ben Beaman, Victoria Cox, Joe Lattimore, Stephen Reynolds, Giuseppe Richiusa, Jason Cheak.
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