Oxford Edge Blog

Client Stories: JPM Holdings Limited | Oxford Edge

Written by Oxford Edge | Feb 14, 2022 1:32:25 AM

Background

Jason Millar, Managing Director of JPM Holdings Limited, has been involved in the transport industry since leaving school. Starting as a courier driver, he worked up to bigger vehicles when he became an owner-driver at 19 years old. Jason started JPM Holdings with just one van.

Today, JPM Holdings is one of the country’s top line haul transport operators. The business has a multi-million dollar turnover, a fleet of trucks, a depot in Hornby, and staff around the South Island.

The successful performance of JPM Holdings has allowed it to develop and pursue other business interests. The company successfully operates under a very lean management structure, with Jason as Managing Director. A Manager handles the day-to-day details, sorting the last-minute changes that are an intrinsic aspect of the industry. Jason also employs an accounts person to oversee daily finances.

Jason spends most of his time working “on” the business, analysing what’s working, what’s not, how to improve things, and generally just concentrating on those parts of business that need work. However, he also ensures he has time to get his hands on the wheel when needed – Jason believes this keeps him “in the know” with what’s going on in his business, and it shows his team he’s prepared to get his hands dirty.

JPM is a 24/7 business that moves quickly, and Jason needed to work with an advisor who could quickly respond to the business’ needs. He says he works with Oxford Edge Director Paul Rickerby because Paul understands JPM’s needs and constraints in the current business environment.

Oxford Edge supports JPM on several fronts, including strategy, governance, tactical advice, financial planning and compliance.

What our client says

“Paul has played a vital role in helping us move from owner-operator mode to a relatively large time operator. The accountant-client relationship we have is both strong and trusted, it works for us.” – Jason Millar, Managing Director, JPM Holdings Limited.

What we did

Jason has been working closely with Oxford Edge Director Paul Rickerby for several years. Paul helped him introduce robust systems and make changes that covered the expenses of these systems and continue to pay dividends. Jason now knows exactly what is happening in his business and what is likely to happen in the future. The accurate reports we provide allow him to easily secure lending from banks and other financial institutions.