NETWORK FLEET LTD
Company number 13473048 · Active · Didcot OX11 7HJ
NETWORK FLEET LTD is an active private limited company (company number 13473048) incorporated on 23 June 2021, registered in Didcot. Its registered activity is sale of new cars and light motor vehicles (SIC 45111). Latest small accounts cover the period ending 31 December 2024, showing net assets of −£143k and cash of £74k, with 5 employees on average. Net assets fell 982% on the prior period (£16k).
By net assets it sits in the bottom quarter of 2,575 comparable companies in the UK (median £20k, upper quartile £395k).
Key dates
- Incorporated
- 23 June 2021
- Next accounts due
- 30 September 2026 — 19 days overdue
- Confirmation statement due
- 7 July 2027 — in 261 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 45111
- Sale of new cars and light motor vehicles
- SIC 45112
- Sale of used cars and light motor vehicles
- SIC 45190
- Sale of other motor vehicles
- SIC 77110
- Renting and leasing of cars and light motor vehicles
- Accounts type
- Total Exemption Full
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 31 December 2024
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2024 | −£143k | £74k | £292k | £1.23m | — | — | 5 |
| 31 December 2023 | £16k | £349k | £211k | £1.10m | — | — | 4 |
- Current ratio
- 0.81 — current liabilities exceed current assets
- Cash per employee
- £15k
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
Firmoscan score: 21/100 (grade E)
- -15 Negative net assets — Net assets £-142,964 at 2024-12-31
- -8 Net assets falling — -981.8% vs prior period
- -8 Current liabilities exceed current assets — Current ratio 0.81
- +4 Cash reserves — Cash £73,685
- +8 Established — Incorporated 2021-06-23 (5 years)
- -10 Accounts overdue — Due 2026-09-30
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.
Ownership and control
- Nfrh (Uk) Ltd (corporate entity, England And Wales) — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors · since 19 December 2023
- Nfrps (Uk) Ltd (corporate entity, England And Wales) — owns 25–50% of shares; holds 25–50% of voting rights · since 19 December 2023
- Mr Richard Peter Simmonds — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors; can appoint or remove directors · since 23 June 2021 · ceased 23 June 2023
- Mr Russell John Patrick Hershey — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors; can appoint or remove directors · since 23 June 2021 · ceased 23 June 2023
- One Motion Group Limited (corporate entity, United Kingdom) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 23 June 2023 · ceased 8 December 2023
- Mr Russell John Patrick Hershey — owns 25–50% of shares; holds 25–50% of voting rights · since 8 December 2023 · ceased 19 December 2023
- Mr Richard Peter Simmonds — owns 25–50% of shares; holds 25–50% of voting rights · since 8 December 2023 · ceased 19 December 2023
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
Similar companies in Oxford
Same activity (sale of new cars and light motor vehicles), closest in incorporation date.
- CROSSROADS MOTOR CO. LTD — Didcot, inc. Jan 2020
- POLESTAR AUTOMOTIVE UK LIMITED — Bicester, inc. Apr 2019
- OXON CLASSIC CARS LTD — Witney, inc. Jan 2019
- CHERWELL FINANCE LTD — Kidlington, inc. Feb 2024
- OAS CARS LIMITED — Witney, inc. Oct 2018
- RED KITE LEASING LIMITED — Witney, inc. Aug 2018
Reminders for NETWORK FLEET LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.