Speedy kit count finds £20m of missing equipment

Speedy has discovered £20m of “missing” kit following an audit of its hire equipment.
A recent count-up of its hire kit has revealed a £20.4m stock deficit in smaller site items like scaffolding towers, fencing and non-mechanical plant.
Last March Speedy reported the book value of its fleet at £226.9m with large “itemised assets” like machines with serial numbers making up £177m alongside £49.9m of “non-itemised assets” consisting