We meet up with David Thompson, founder of recent SCD sponsors Monarch Enterprises, to be taught extra about how the enterprise has grown and what makes them completely different to different supercar specialists.
Written by: Daisy Cartlidge Brown
What’s the story behind Monarch Enterprises?
David has had a ardour for vehicles since as early as he can keep in mind, and along with his mother and father working within the motor commerce, it was clear that it was the business for him. After leaving college, he went straight into the world of labor and began working for Audi, nevertheless eight years later he was prepared for a brand new problem. “I assumed if I don’t do it now, I’ll by no means do it”, David tells us, “I hadn’t began a household but so had extra time on my fingers and knew it was the best time to take the leap”.
On the age of 24, in 2014 he launched Monarch Enterprises and arrange on his personal with an workplace and a small unit which was sufficiently big for about six vehicles. “I used to be promoting round 4 vehicles a month within the early days however in 2016, the enterprise actually took off”. At this level, David had been specializing in status vehicles akin to BMW and Mercedes however the massive aim was to be concerned along with his actual ardour — luxurious and supercars from the likes of Ferrari and Lamborghini.
“Investing closely in elevating and selling the model was an actual turning level for Monarch Enterprises”, David explains, “We launched a brand new web site and made positive that every one of our inventory images have been of the best high quality. This made an enormous distinction and is one thing we nonetheless pleasure ourselves on”. Six years later, the enterprise has grown to a group of 5 with 30 to 40 vehicles
What makes Monarch Enterprises completely different?
“For us, it’s all a couple of actually private and bespoke service. We’ve got nice relationships with our purchasers and our greatest precedence is taking care of them and ensuring that the automotive is correct for his or her wants”. It’s clear to see why their prospects will cope with them as soon as after which keep loyal for years. Their small, tight-knit group additionally signifies that you’re coping with the identical folks, one thing that’s key for growing these relationships. “We’re like a household, and since our group is so small, that while you name, you’ll both be talking to myself, Clio or Matthew”.
One thing not many individuals find out about Monarch Enterprises is that they promote vehicles actually everywhere in the world with a buyer base not solely within the UK however worldwide, with many purchasers in Europe and the Far East.
What kind of vehicles do Monarch Enterprises are likely to inventory?
The enterprise shares an enormous vary of vehicles from Ferrari, Lamborghini and Rolls Royce to Mercedes, Land Rover and Porsche. “We additionally supply and provide vehicles that we don’t have in inventory so if our consumer is in search of one thing particular, we may also help”. Monarch Enterprises are an actual one-stop-shop and may also help with all the pieces from sourcing a automotive to arranging the finance for it.
David has stocked and bought many memorable vehicles through the years. “A couple of weeks in the past we bought an Enzo which was a pinnacle second. We’ve additionally lately bought a Ferrari F12 TDF and are at the moment stocking a Porsche 911R which is fairly particular — one in all 991 on the earth with only a few being right-hand-drive UK examples”.
What are your plans for the enterprise going ahead?
David is admittedly proud of their present setup at Cedar Parc and plans to remain there for the long run. There are enlargement plans within the works for over the winter in preparation for the following season. “We’re planning to include wider showroom house with glass frontage in order that we will actually hero the vehicles we have now on provide”, David tells us, “Except for that, we’re eager to carry extra occasions and preserve doing what we’re doing”.
How did the partnership with SCD come about?
David was first launched to SCD at an enormous Father’s Day occasion at Belvoir Fort. “I then met Adam over the summer season and we obtained on rather well. A partnership appeared like an important match”.
In August 2020, Monarch Enterprises held their first SCD occasion and it was an important success. “We met so many like-minded supercar fanatics and it was a improbable begin to the partnership. We’re wanting ahead to holding extra sooner or later so watch this house”.
It’s undoubtedly value mentioning that Monarch Enterprises is all the time open for SCD members to pop in and have a look across the showroom.