Jim Wilkinson co-founded Zuto in 2006 to change the way people finance their cars.
Ten years ago, after co-founders Jim Wilkinson and Ryan Dignan had inked the private equity deal which would transform the fortunes of online car finance broker Zuto, the duo had arranged for the company to meet at their local pub in the northern English town of Macclesfield to share the news.
“It was our moment to shine and we broke down on the M56 hard shoulder,” laughs Wilkinson.
Despite the founders’ roadside blip — Wilkinson smiles when he also says that Dignan hails from a family of car dealers and grew up in car showrooms — Zuto has accelerated significantly. Founded in 2006, the firm now has 450 staff, called ‘Zutonites’ who are primarily based at its Manchester headquarters, with sales revenue nudging towards £50m and pre-tax profits rising to £5.9m.
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