Listen to the Depollution Podcast with our CEO, Tom Rumboll

  

Click here to listen now

Hear SYNETIQ’s new CEO, Tom Rumboll, give his fascinating insight into the next steps for vehicle processing, the future of automotive recycling, and how SYNETIQ will continue to lead the industry in the future.

Covering a huge range of interesting subjects, Tom gives the background to the merger of four separate businesses which led to the creation of SYNETIQ, the UK’s largest integrated salvage and vehicle recycling company. Tom lends his considerable knowledge to this podcast, including his predictions for the future of the industry, and personal transportation as a whole.

‘Depollution, by Salvage Wire,’ is a podcast dedicated to the interesting and inspiring leaders in the vehicle salvage and vehicle recycling industry. In the episode recorded 8th January, Tom discusses the career path that led him to his role as the newly appointed CEO the UK’s leading salvage company. He shares the insights he has gained over the course of his, which spans more than 20 years, both from a personal, and a business perspective.

This episode is a must-listen for anyone keen to gain the insiders view of a crucial industry, from one of its youngest, most inspiring leaders.

Click here to listen now.

SYNETIQ BMW Motorrad riding to victory in 2021

  

SYNETIQ, the UK’s largest integrated salvage and vehicle recycling company, is proud to continue its role as title sponsor of TAS Racing for the 2021 British Superbike Championship season, under the banner of SYNETIQ BMW Motorrad.

For the second successive season, SYNETIQ BMW Motorrad will be the official BMW team in the race series. With top rider Andrew Irwin having joined fellow track star Danny Buchan on the team at the end of 2020, SYNETIQ BMW Motorrad is taking to the track in 2021 with a fresh livery, top riders and an eye on pole position.

As part of a wide-reaching program of support and sponsorship across different forms of motorsport, the headline sponsorship of a leading team in the British Super Bike Championship will see SYNETIQ put its ethos of leading through excellence into action yet again, on two wheels as well as four.

Commenting on the renewed support of the team, Richard Martin, Chairman of SYNETIQ, said: “We are proud to be the headline sponsor of this great team for the second season in a row. With the backing of the hard work, dedication and support of the wider SYNETIQ BMW team, I can’t wait to see what Andrew Irwin and Danny Buchan can achieve on the track 2021.”

As the largest integrated salvage and vehicle recycling company, formed to create the most innovative and trusted business in the industry, SYNETIQ is proud to have major household names in its portfolio. These include insurers, accident management companies, fleets, police forces, logistics companies, vehicle repair bodyshops, and remanufacturers. In 2021, its name will be found at the sharp end of the grid.

Team Principal of SYNETIQ BMW Motorrad, Philip Neill explained: “We pride ourselves on building long-term relationships with our partners and we are naturally delighted to retain SYNETIQ as our title partner for the second year in 2021, which will also be our seventh consecutive year together with BMW Motorrad. 2020 was a difficult year for everyone in many ways and we are excited at the prospects of the 2021 BSB season with two very exciting young riders and the new BMW M1000 RR.”

SYNETIQ makes Yorkshire Business Insider’s 50 Most Exciting Companies list for 2021

  

SYNETIQ, the UK’s largest UK-integrated salvage and vehicle recycling company, is delighted to have been included in the prestigious Yorkshire Business Insider list of the 50 Most Exciting Companies in the region.

Celebrating the companies that display outstanding initiative, ingenuity, and innovation, those lauded are the businesses ‘primed to make a big difference in the near future’ and destined to become household names.

Headquartered in Doncaster, South Yorkshire, SYNETIQ has recently made headlines with significant investment in its sites and infrastructure. In December the business announced a 25-acre expansion of two of its Doncaster sites, integrating them to create one new industry-leading operation.

The company is also innovating, in line with the Government’s announcement of a ban on conventionally powered cars by 2030, with plans for a new centre of excellence for electric vehicle recycling at its Winsford site. The first of its kind in the country, it will form an invaluable resource as the UK gears up for a shift to zero-emissions vehicles by 2035.

Speaking of the news, SYNETIQ’s recently appointed CEO, Tom Rumboll, said: “We’re immensely proud to have made the Yorkshire Business Insider 50 Most Exciting Companies list.  It is a reflection of the progress we have made since SYNETIQ was created and the focus we place on not only the company, but also our people . . 2020 presented challenges, but we’ve emerged stronger and ready to seize the opportunities that 2021 presents. we have deep and broad roots in Yorkshire, and we see our home a vital part of who we are.”

In addition to the Yorkshire Business Insider announcement, SYNETIQ is also currently a finalist in three categories for Doncaster Business Awards 2020/21, which will be unveiled as part of a ground-breaking digital event in March.

SYNETIQ introduces revolutionary new HSBC Open Payments platform

  

SYNETIQ has revolutionised its payment processes for its auction customers by implementing HSBC’s Open Payments platform.

The UK’s largest vehicle salvage and recycling company is the first in its sector to introduce the new platform, marking the latest improvement in customer experience for vehicle buyers.

The new platform allows SYNETIQ to send payment requests for auction purchases direct to the customer’s bank, with values and references set automatically, which means funds can be transferred directly between banks – a first within the salvage industry.

This will drastically cut administration time for SYNETIQ and its customers and eliminate the chances of incorrect or misplaced payments.

As a major development that offers secure online money transfers, Open Payments dramatically improves the payment process for SYNETIQ’s vehicle salvage auction customers. It also streamlines the firm’s accounting processes, while bringing ease of use and peace of mind to customers.

HSBC Open Payments delivers regulated access and control of consumer banking and financial accounts through third-party applications with greater accountability. The introduction of the payment process by SYNETIQ provides both seller and buyer with improved cashflow and cash management.

Jonathan Pervin, SYNETIQ’s Financial Controller commented: “We are proud to be at the forefront of this latest technology. Through our collaboration with HSBC on the implementation of this new platform, SYNETIQ is able to offer the most secure payment system possible to our customers. The automation of internal processes that this enables will increase the efficiency of our service for our customers.”

The Open Payments platform was trialled by SYNETIQ and a few of its customers in December and, after unanimous approval, is being rolled out to all customers who purchase vehicles directly from SYNETIQ.

Open Payments is compatible with more than 40 major banks and, with coverage from most of the UK’s domestic banks already in place, customers can enjoy faster payments with added peace of mind.

Alongside the increased security offered by the system, this has allowed SYNETIQ to integrate the payment platform into its wider systems, automating many processes at the same time. Invoicing, payment-matching and fund clearance are now handled seamlessly by SYNETIQ’s own proprietary Frontier software.

The leading stock control software package for green parts management, Frontier Dismantling provides cloud-based stock control for hundreds of thousands of green parts and, although owned and developed by SYNETIQ, is widely used across the vehicle salvage and dismantling industry.

Frontier Salvage is the core salvage management system, also utilised across the industry. The software handles everything from insurance related contracts and vehicle uplifts, through to vehicles sales and recycling. Both Frontier systems are designed to make it as quick and easy as possible to process vehicles and parts.

With Open Payments, SYNETIQ is once again leading the industry. Offering improved customer experience and allowing new revenue streams, it helps provide a more sustainable service model. Jonathan Pervin added: “The launch of Open Payments with HSBC shows that SYNETIQ continues to innovate across all aspects of our business, driving the industry forward through compliance, customer experience and increased simplicity across operations. We continue to strive towards continual improvement in all of these areas.”

SYNETIQ appoints Tom Rumboll as its new CEO

  

SYNETIQ has announced that, as of the 1st January, current Executive Chairman Tom Rumboll has moved to become the Chief Executive Officer (CEO) of the company. Tom now takes overall responsibility for the performance of the business and its people.

Richard Martin, current Managing Director, will take up the role of Chairman; bringing many years’ of knowledge and experience as a key figure in the salvage and vehicle recycling industry.

Tom joined the team as Executive Chairman upon the formation of SYNETIQ, having played a pivotal role in the merger that created the market-leading salvage and vehicle recycling business.

Having spent the last 20 months focusing on integration, people, processes and proposition, whilst enhancing the governance of the well managed business, Tom has worked with the teams to develop better structure, measurement, planning and communication. His background in large PLCs, regulated industries and high growth businesses has proved valuable for SYNETIQ and the business is now poised for its next phase of growth.

The rest of the SYNETIQ Executive board remains unchanged, retaining the valued industry knowledge of John Schofield and Dave Harcourt, as well as Leigh Manton who joined as Finance Director in September 2019.

Richard Martin, Chairman of SYNETIQ, said: “My fellow shareholders and I know that Tom is the right person to take the SYNETIQ business forward as we enter our next phase of growth. He has our full support as we continue to work together as a strong team, making our vision of creating a vehicle recycling industry we can all be proud of a reality.”

Tom Rumboll said: “It is a real honour that the SYNETIQ shareholders trust me to head the business they have led so well for so long. The last few years of creating and subsequently integrating SYNETIQ have been a fantastic experience, and one that has identified a number of hugely exciting opportunities for the company. I feel privileged to lead the fantastic team of this very special business to a successful, sustainable and exciting future.”

SYNETIQ brings Christmas cheer to well deserving national charity

  

SYNETIQ has been spreading Christmas cheer in the final run up to the holidays, by completing its last round of fundraising for The Sick Children’s Trust – raising over £7,000 in total.

Photo taken in 2019

Despite the company’s usual fundraising being disrupted by COVID, the SYNETIQ team got its charity work back on track with a series of virtual and remote activities that promoted individual challenges and encouraged people to donate.

With ten ‘Homes from Home’ around the country, The Sick Children’s Trust give families with a seriously ill child in hospital a warm and comfortable place to stay, and a friendly ear to listen, when they need it most.

“It’s not been an easy year for anyone, but we’re proud to have been able to carry on with our work in supporting deserving charities,” explains Tom Rumboll, Executive Chairman of SYNETIQ. “As a business we focused on adapting to the new and challenging work environment and, with many team members classed as key workers, we soon realised that we could approach fundraising in the same pragmatic way.”

The Sick Children’s Trust wants to keep families together by their child’s hospital bedside, and a donation of £30 can do that. Elisa Cappello-Dowd, Community Fundraising Manager at The Sick Children’s Trust said, “Having a seriously ill child is an incredibly worrying time and by giving families a place to stay it means they have one less thing to worry about.

“This year has been a challenging year for everyone, but especially families with children in hospital. As a charity, The Sick Children’s Trust has kept its doors open to these families to keep them together and support has never been needed more. We’d like to say a huge thank you to everyone at SYNETIQ for choosing to take on a fundraising event for our charity, and helping us to keep families together.”

SYNETIQ, the UK’s largest vehicle salvage and recycling company, has supported the Sick Children’s Trust since 2019, and it’s just one of many charities and organisations that benefit from SYNETIQs Colleague and Community forum. This allows colleagues to vote on establishing the best use of the annual charity budget, and provides an opportunity for everyone to put forward their own initiatives for discussion.

SYNETIQs teams have walked, cycled and even skydived in order to drive donations for local and national organisations, and the business promises a ‘pound for pound’ scheme for all colleagues, matching the total raised by individuals for charity up to the value of £500.

Corporate Social Responsibility has been a priority for SYNETIQ’s since its formation and its efforts have been recognised, as it’s been shortlisted for Excellence in Corporate Social Responsibility at the Doncaster Business Awards.

At the start of the year SYNETIQ announced its partnership with Team BRIT, which supports people with physical and psychological challenges in accessing motorsport and aims to be the first all-disabled team to race in the Le Mans 24 hour.

The company also supports regional emergency services, including the First Responders for the North West Ambulance service West Yorkshire Fire & Rescue and the BARC North West Rescue Team, with practice days for event simulation. Held at SYNETIQ sites, they create a challenging training environment where rapid extraction methods and specialist tool training can be conducted safely.

SYNETIQ ready with green parts ahead of Brexit supply uncertainty

  

15th December 2020  

  • UK’s largest vehicle salvage company holds over 200k inventoried, tagged parts and over 11k breakers ahead of Brexit
  • High quality, non-safety critical OE components with traceable histories
  • Parts available through SYNETIQ’s MyGreenFleet platform
  • Service already relied upon by up on by emergency services and key worker fleets

SYNETIQ, the UK’s largest vehicle salvage and recycling company, is ready to support the repair sector with the supply of quality replacement parts as shipping delays and uncertainty over Brexit become apparent.

Recycling 95.3% of each vehicle, SYNETIQ’s in-house processes have been developed to handle components as efficiently as possible. With in-excess of 200k parts already identified, inventoried, graded and priced, from its 14 locations in the UK, SYNETIQ has spent the last 12-months structuring and investing in the business to ensure it can meet the demands of customers as shortages of new parts means an increased focus on ‘green’ salvaged components.

Already relied upon by key insurance providers, SYNETIQ helps customers to reduce cost, through delays in repair, and drastically cut their carbon footprint through the responsible use of existing part that conform to BSI10125.

“With many questions remaining about the availability of these essential green parts in 2021, we have taken a series of practical steps over the last 12-months to ensure that we’re in an extremely strong position to support our clients and customers who play a key role in ensuring the UK keeps moving,” explains Tom Rumboll, Executive Chairman of SYNETIQ. “All our suppliers are UK based and, with an expected influx of vehicles classed as Category N expected into the supply chain, we only envisage our stock levels rising.”

With a high volume of vehicles and parts currently imported into the UK, delays due to border control and customs clearance would lead to increasing costs and in turn an increased demand – massively impacting the insurance repair sector. With evidence that more vehicles are being classed as Category N due to the lack of suitable parts, SYNETIQ’s market leading approach to green parts, salvage vehicles and second hand vehicles presents customers with a strategic advantage.

Working to an ethos of: Reduce, Reuse, Reman and Recycle, SYNETIQ takes an integrated approach to ensuring how vehicles are assessed and either put back on the road or dismantled for parts. This ensures maximum reuse and minimal environmental impact – and supplies vital, cost effective and environmentally sustainable original components to the repair sector.

With the immediate supply of popular items, parts can be dispatched with next day delivery and even larger, more complex parts, including replacement engines or gearboxes, can be sourced at short notice.

SYNETIQ  have worked closely with all of their partners to ensure they have minimal exposure in the event of a no-deal Brexit. 

SYNETIQs mygreenfleet saves South Wales Police £45k a year

  

South Wales Police Force is saving £45,000 a year on fleet maintenance and has drastically cut its vehicle downtime thanks to the use of green parts supplied by SYNETIQ.

The adoption of the ‘green’ policy’ has given the force a welcome cash boost, and also helped it to maximise operational capabilities for its fleet of patrol vehicles.

As a major client of MyGreenFleet since 2017, the use of green parts has become the mainstay of South Wales Police Force’s maintenance strategy.

The use of green vehicle parts supplied by MyGreenFleet – a  supply portal operated  by SYNETIQ, the largest salvage and vehicle recycling  company in the UK – has also reduced the environmental impact of its fleet of more than 1,200 vehicles. South Wales Police no longer rely on new, manufactured replacement parts and body panels that have a higher carbon footprint than green parts.

Because it is often quicker to use green parts, the force was also able to cut the amount of time its vehicles were off the road because delivery times are much quicker than those of new parts.

As the largest police force in Wales, which serves an area of 1,250 square miles via a fleet of 850 dedicated police vehicles, South Wales Police has a clear need to maintain the frontline availability of these vehicles for its officers and keep the downtime to a minimum.

Before the introduction of SYNETIQ MyGreenFleet to the force, a lack of rapidly available parts would sometimes see parts temporarily harvested from vehicles to keep other vehicles on the road. Now, thanks to the availability of next-day-delivery green parts, that is no longer necessary – vehicles are back on the road quickly, allowing officers to continue serving the population of South Wales.

The data generated by the MyGreenFleet portal is used by SYNETIQ to identify the most common replacement parts, so MyGreenFleet can ensure good availability all year round.

With the immediate supply of popular items such as door mirrors, replacements can be delivered within 24 hours, and vehicles can return to frontline use.

More complex parts such as whole replacement engines or gearboxes, that are traditionally harder to source, are also available with rapid delivery times via the SYNETIQ MyGreenFleet portal.

Denzil Calford, Workshop Manager for South Wales Police, said: “MyGreenFleet has given the South Wales Police Force a huge boost. The great price point of green parts and the quick turnaround of everyday items is brilliant, but the consistently quick supply of parts as specific as engines is even better. “

“With as little as three days turnaround for such items, it means I can order on a Monday, begin repairs on a Wednesday and have a vehicle back on the road by Friday. It’s fair to say that MyGreenFleet has become a crucial part of maintaining the police force.”

Calford added: “Had it not been for the Client Relationship Director, Jason’s enthusiasm in  explaining the benefits of going Green, SWP Fleet Strategy might not have adopted the policy, and would now be behind on achieving a Zero Carbon workshop facility”

Jason Cross, Client Relationship Director for SYNETIQ said “It’s great to know that the South Wales Police force continues to by happy with the cost savings and reduced off road time that our working relationship enables. We pride ourselves on providing great value and service to our clients, and we can sleep well at night knowing we will only supply high quality, non-safety critical OE parts that can be traced back to the donor vehicle. Denzil and the team can trust that all parts come with a certificate of conformity to meet the needs of BSI10125.

Up to 1,200 vehicles are within South Wales Police’s care at any one time, thanks to 850 police vehicles and a further 400 local authority vehicles. With an internal depreciation charge of £100 a day applied to any vehicle which is off-road awaiting repairs, the use of the SYNETIQ MyGreenFleet platform has ensured that the entire fleet continues to operate efficiently as possible – both for the officers on the force and also for the public purse.

Calford concluded: “SYNETIQ MyGreenFleet has always delivered clear benefits to South Wales Police, and it continues to do so. Initially, we signed up for a 12-month trial but three years later, we are still here and remain a satisfied client. With the help of MyGreenFleet, we are well on our way to achieving carbon neutrality and, as we continue to roll out our use of green parts, this can only improve.”

SYNETIQs Doncaster presence grows with 25 acre expansion

  

SYNETIQ has announced that two of its Doncaster vehicle processing facilities are to be joined with the addition of 25 acres licensed by the Environment Agency. Through the incorporation of an adjacent site, the existing SYNETIQ premises on Planet Road and Church Lane in Doncaster will be integrated into one new industry leading operation.

Planning permission has already been granted for the site’s development, which will allow SYNETIQ to improve and streamline its operations. Cars, motorbikes, HGVs and LCVs will now all be processed together, improving operational efficiencies and creating additional jobs in the local area.

As the UK’s leading vehicle salvage and recycling company, SYNETIQ is investing heavily in its facilities in and around its Doncaster HQ as part of its ongoing commitment to futureproofing its operations. With a strategy to operate from large, well-invested, strategically located sites, SYNETIQ will ensure it has capacity to continue growth in the future, while exceeding its recycling targets through innovative operational processes.

Richard Martin, Managing Director of SYNETIQ commented: “We are delighted to announce the Doncaster expansion just days after SYNETIQ is once again reaffirming its position as an industry leader at a time when the reduction in waste and the reduction in global CO2 production is critical. Through the expansion of our Doncaster operations, we are able to advance and streamline our vehicle processing, while operating our salvage, auction, parts and recycling operations from one single, efficient site.”

He added: “The use of the existing brownfield site will minimise the environmental impact of the expansion, and perfectly aligns with our company ethos of: Reduce, ReUse, Reman and Recycle.  It’s a simple yet effective approach, and we’re repurposing land in the same way that we re-use as many of the components on each vehicle as possible. This is very much how we approach our work, which includes focusing on our social responsibility and leading the industry through innovation.”

SYNETIQ Winsford to be the new centre of excellence for electric vehicle recycling

  

SYNETIQ, the UK’s largest vehicle salvage and recycling company, has announced its intention to expand and invest in its Winsford site, as the UK gears up for a shift to purely electric vehicles from 2035.

The planning of a significant investment is now underway, and will see the Winsford site in Cheshire become the home of SYNETIQ’s new cutting-edge facility for processing electric vehicles (EVs) – the first of its kind in Europe. With the announcement of a ban on all new petrol and diesel cars by 2030, the move will support the company’s ambition to drive sustainability, innovation, compliance and customer experience agendas, whilst delivering great value for clients.

In addition to the bespoke EV Processing capability, there will also be further investment in facilities including concreting, large-scale racking systems, purpose-built depollution facilities, as well as remodelled premium dismantling and parts and EV Battery storage facilities. Winsford will still operate as a premium salvage and online auction site.

SYNETIQ already has specialist equipment and processes in place to handle EVs and hybrids, while maximising safety and compliance. New recycling processes are also in development, alongside additional logistics capabilities to futureproof the business.

Over 50 colleagues are trained to handle EV and Hybrid vehicles safely, and further training and investment is scheduled to upskill SYNETIQs team.
The scope of the development will see the site become the UK’s leader in handling the technically advanced vehicles of tomorrow and follows a £500k investment in EV handling capabilities already completed at Gloucester, SYNETIQs flagship South West site.

As part of changes the company’s Nantwich site will close by Spring 2021, with most employees migrating to the flagship Winsford site. This announcement of SYNETIQs commitment to expansion in the North West is in line with its business strategy, shared earlier this year. Concentrating rising vehicle volumes through fewer, but larger, well-invested and strategically located sites, will provide the capacity for future growth and increase efficiency.

SYNETIQ has already begun the successful implementation of this strategy in Scotland and the South West in 2020, as well as investment into new sites across the South East. Working to an ethos of: Reduce, Reuse, Reman and Recycle, SYNETIQ takes an integrated approach to ensuring how vehicles are assessed and either put back on the road or dismantled for parts. This ensures maximum reuse and minimal environmental impact – and supplies vital, cost effective and environmentally sustainable original components to the repair sector.

John Schofield, Executive Director of SYNETIQ says: “I am so proud of how the business I started back in 1974 has gone from strength to strength. I have always moved with the times and what our clients and customers want: this investment and commitment to our base in Cheshire is the next chapter of a very exciting story for SYNETIQ”.

Planning and consultation with colleagues will continue for the rest of the year before the expansion plans are executed in the new year.