Nationwide debt free and with £5.4m after six purchases

Car crash repairer Nationwide, announced that its full year results are expected to be in line with market expectations, representing a record year. “The balance sheet remains strong, with nil borrowings and net cash as at 31 December 2008 of approximately £5.4m. This is after the acquisition of six body shops over the period,” the company said.

“The performance demonstrates the success of the Company's twin track strategy of growth, organically and via acquisitions. In particular, results reflect the benefits of contracts and volume extensions won in the previous financial year. “

“The Directors remain confident that the business is well positioned for long term growth.”

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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