Multifleet Vehicle Management, which trades as Runyourfleet, has been named as a recipient of the King’s Award for Enterprise, for innovation.

Since the launch of the Runyourfleet platform in 2021, the company is said to have seen profit growth of more than 100% in each of the last three years. 

The company now provides fleet management services for more than 32,000 vehicles.

Chief executive Steve Whitmarsh said: “We are honoured to receive the prestigious King’s Award for Enterprise for innovation in recognition of all the hard work our team has put in to developing this platform.

“The flexible architecture used to build the platform is where the true innovation rests, enabling us to develop and launch new modules and services at short notice in response to changing market and customer needs.”