This resulted in a turnover of £226.3 million for the past nine months.

Hewden recently announced a £13.8 million investment in new IT systems designed to improve the quality of customer information and services and reduce transaction costs.

The company said: “Price competitiveness in the UK rental market continued in the third quarter of 2005. However, rental margins in the third quarter showed a modest improvement with an increase in volumes which improves margins due to the relatively fixed costs associated with the rental business.”