Multifleet Vehicle Management, which trades as Runyourfleet, has been recognised for innovation by the King’s Award for Enterprise.

Following 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. 

It 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.”