About Welch Hire
Welch Hire is a company based in Taunton (United Kingdom) founded in 1988 was acquired by Abbey Logistics in July 2021.. Welch Hire offers products and services including Car Hire, Vehicle Servicing, and MOT Testing. Welch Hire operates in a competitive market with competitors including Belron, Kwik Fit, Steer Automotive Group, ABL 1Touch and ClickMechanic, among others.
- Headquarter Taunton, United Kingdom
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Abbey Logistics
(Jul 13, 2021)
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Products & Services of Welch Hire
Welch Hire offers a comprehensive portfolio of products and services, including Car Hire, Vehicle Servicing, and MOT Testing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers rental of petrol and diesel vehicles with competitive rates.
Provides servicing and repairs for all vehicle makes and models.
Conducts MOT tests using automated facilities for compliance.
Funding Insights of Welch Hire
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Welch Hire
Welch Hire has secured backing from 1 investor. Prominent investors backing the company include Abbey Logistics. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Provider of bulk liquid and powder road tanker transport and logistics
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Welch Hire
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Welch Hire
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Welch Hire Comparisons
Competitors of Welch Hire
Welch Hire operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Belron, Kwik Fit, Steer Automotive Group, ABL 1Touch and ClickMechanic, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Vehicle glass repair and replacement services are provided internationally.
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Automotive parts are manufactured and repair services are provided.
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| domain | founded_year | HQ Location |
Car repair services are provided across the United Kingdom.
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| domain | founded_year | HQ Location |
Automotive repair services are provided in the United Kingdom.
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Online garage aggregator for vehicle repair & maintenance services
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| domain | founded_year | HQ Location |
On-demand vehicle glass repair and maintenance services are delivered online.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Welch Hire
When was Welch Hire founded?
Welch Hire was founded in 1988.
Where is Welch Hire located?
Welch Hire is headquartered in Taunton, United Kingdom. It is registered at Taunton, Somerset, United Kingdom.
Who is the current CEO of Welch Hire?
Steve Granite is the current CEO of Welch Hire.
What does Welch Hire do?
Welch Hire was established in 1988 and is headquartered in Taunton, United Kingdom. Operations in the automotive sector are centered on car repair and maintenance services. Vehicle diagnostics, repairs, and related support are handled for local customers. The company is led by CEO Steve Granite, with activities confined primarily to the UK market. No expansions beyond regional services have been noted.
Who are the top competitors of Welch Hire?
Welch Hire's top competitors include Belron, ABL 1Touch and Fixter.
What products or services does Welch Hire offer?
Welch Hire offers Car Hire, Vehicle Servicing, and MOT Testing.
Who are Welch Hire's investors?
Welch Hire has 1 investor. Key investors include Abbey Logistics.