Fleet services provider and parent company of UK Fuels, Radius Payment Solutions, has hit £500 million in international sales following recent expansion across Europe and into Asia last year.
Radius has seen a 60% growth in international sales over the past two years leading to its inclusion in the Sunday Times International Track 200 for the first time, which ranks Britain’s private companies with the fastest-growing international sales.
The business’s continued expansion overseas has come alongside the announcement it is making an investment of £12m which will see the construction of a state-of-the art headquarters at Crewe Business Park, serving more than 600 staff, due for completion in Spring 2018.
In 2016, Radius opened two offices in Singapore and Malaysia, targeting the small and medium-sized (SME) market, promoting its integrated Shell fuel card and Kinesis Telematics products.
The business has grown significantly since it was founded in 1990 and it now operates from 20 offices across 13 countries, providing more than 1,000,000 fuel cards and related services to fleets across the globe.
Bill Holmes, Founder and CEO of Radius Payment Solutions, said: “Our expansion across Europe and last year breaking into Asia has come with its challenges but we have a proven track record of providing tailored fleet solutions to smaller, underrepresented businesses across the UK and we have put this model into practice overseas.
“We are confident we can sustain this ambitious but realistic level of growth which is why we’re in the process of constructing a new head office in Crewe.
"We’ve grown our staff numbers by a quarter in the past year alone, and while we’re focused on plans for further international expansion, we’re firmly committed to keeping our base in the north west.”
Radius is expecting to grow staff numbers by 11% by the end of 2018 while expanding its operations into more countries before the end of this year.