Prioritising excellent service
Amid challenging market and economic conditions, we have stayed true to our purpose, values, and vision, optimised our services, and operated in an ethical and sustainable way.
With over 35 years of experience and building brilliant teams, Zenith is a business that continues to drive positive outcomes for all our stakeholders.
KEEPING OUR CUSTOMERS MOVING, SUSTAINABLY
For the best viewing experience, we recommend that you access the report on a desktop. Simply click the image below, hit full screen, and then use the forward arrow to navigate your way through.
Alternatively, click this link to view.
Zenith’s Annual Report 2025
Group at a glance
*in our Corporate and Consumer divisions.
Financials
- Revenue – £836.9m
- Adjusted gross profit – £118.3m[1]
- Adjusted EBITDA – £42.2m
Operations
- Total fleet – 166,380
- Made up of 75,514 funded fleet and 90,866 managed fleet
- 100% of Zenith own employee company car fleet is BEV (360 vehicles)
[1] Continuing operations only
A message from our CEO, Richard Jones
“Our team continues to deliver exceptional customer experiences, implement transformational technology to enable our growth, and create a culture which attracts and retains the best talent.
"In our Corporate division, we’ve achieved our third consecutive year of growth in our funded fleet, supported by the Government’s renewed commitment to Benefit-in-Kind tax rates, which continue to drive demand for salary sacrifice schemes. We have a stable customer base, with a 96% retention rate and 23 new customer wins.
“In Consumer, our White Label business is performing well, driving our financial performance forward year-on-year. In ZenAuto, we’ve focused on margin growth over fleet expansion. The division continues to deliver great customer service with an ‘excellent’ 4.6 Trustpilot score.
“The successful conversion of pipeline opportunities in our Commercial division has strengthened our fleet management offering. Through initiatives such as transferring our maintenance operations from workshop locations to an expanded team of mobile service units (MSUs) and our trailer rightsizing programme, we’ve been able to make both cost savings and a reduction in fleet miles.
“I want to say thank you to everyone who has welcomed me to Zenith. I am energised about what we can achieve, working together with our customers and partners to drive Zenith onwards and upwards.”
Richard Jones, Chief Executive Officer
People Powered Impact
Our People Powered Impact plan enables us to make a positive change across a range of complex and interrelated challenges. We believe that together, we can build a secure and sustainable society for future generations.
- SBTi targets validated
- 20 supply partners trained on carbon literacy
- Offsetting our Scope 1 and 2 emissions each year though Verra standard and Gold Standard certified projects.
