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Network Fleet Ltd

13473048

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

TRIDENT HOUSE, DIDCOT, OX11 7HJ
Incorporated 23/06/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45111
Sale of new cars and light motor vehicles
45112
Sale of used cars and light motor vehicles
45190
Sale of other motor vehicles
77110
Renting and leasing of cars and light motor vehicles

Officers

Mr Russell John Patrick Hershey

director · Since 23/06/2021

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 17 other boards

Mr Richard Peter Simmonds

director · Since 23/06/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 18 other boards

Persons with Significant Control

Nfrps (Uk) Ltd

25–50% shares
25–50% votes

Trident House, Trident Business Park, Didcot, OX11 7HJ

Reg: 14960031 · Companies House · Limited By Shares

Notified 19/12/2023

Nfrh (Uk) Ltd

25–50% shares
25–50% votes
Appoint directors

Trident House, Trident Business Park, Didcot, OX11 7HJ

Reg: 14960030 · Companies House · Limited By Shares

Notified 19/12/2023

Former PSCs

Mr Russell John Patrick Hershey

Ceased 23/06/2023

Mr Richard Peter Simmonds

Ceased 23/06/2023

One Motion Group Limited

Ceased 08/12/2023

Mr Russell John Patrick Hershey

Ceased 19/12/2023

Mr Richard Peter Simmonds

Ceased 19/12/2023

CompanyRankvs 2333+ SIC 45111 peers
38

Financial strength3th percentile among SIC peers · 1/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.81× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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89
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89
6Dale'S Central Motors Limited
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8Cawdor Cars (Newcastle Emlyn) Limited
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9Arthur Bassett & Co. Limited
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10Piccadilly Motors Limited
89
2333Network Fleet Ltd
33
How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

-£143k

Balance sheet strength

Cash

£74k

Cash in the bank

Net Current Assets

-£235k

Working capital

Current Assets

£993k

Current Liabilities

£1.2M

Fixed Assets

£95k

Debtors

£292k

5avg. employees+1

Tax at Year End

Corp tax£3k

Balance Sheet

Assets less current liabilities-£140k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.81-£159k
20230.93-£52k
20220.91—
20211.16—

Derived from filed accounts. Not audited figures.