amey fleet services limited
amey fleet services limited Company Information
Company Number
00462578
Next Accounts
Sep 2025
Shareholders
amey limited
Group Structure
View All
Industry
Renting and leasing of cars and light motor vehicles
+2Registered Address
chancery exchange, 10 furnival street, london, EC4A 1AB
Website
www.amey.co.ukamey fleet services limited Estimated Valuation
Pomanda estimates the enterprise value of AMEY FLEET SERVICES LIMITED at £59.4m based on a Turnover of £51.7m and 1.15x industry multiple (adjusted for size and gross margin).
amey fleet services limited Estimated Valuation
Pomanda estimates the enterprise value of AMEY FLEET SERVICES LIMITED at £114.7m based on an EBITDA of £19.4m and a 5.92x industry multiple (adjusted for size and gross margin).
amey fleet services limited Estimated Valuation
Pomanda estimates the enterprise value of AMEY FLEET SERVICES LIMITED at £195.5m based on Net Assets of £85.1m and 2.3x industry multiple (adjusted for liquidity).
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Amey Fleet Services Limited Overview
Amey Fleet Services Limited is a live company located in london, EC4A 1AB with a Companies House number of 00462578. It operates in the renting and leasing of cars and light motor vehicles sector, SIC Code 77110. Founded in December 1948, it's largest shareholder is amey limited with a 100% stake. Amey Fleet Services Limited is a mature, large sized company, Pomanda has estimated its turnover at £51.7m with declining growth in recent years.
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Amey Fleet Services Limited Health Check
Pomanda's financial health check has awarded Amey Fleet Services Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £51.7m, make it larger than the average company (£10.4m)
£51.7m - Amey Fleet Services Limited
£10.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (6.5%)
-6% - Amey Fleet Services Limited
6.5% - Industry AVG
Production
with a gross margin of 13.2%, this company has a higher cost of product (31.1%)
13.2% - Amey Fleet Services Limited
31.1% - Industry AVG
Profitability
an operating margin of 9.4% make it as profitable than the average company (10%)
9.4% - Amey Fleet Services Limited
10% - Industry AVG
Employees
with 310 employees, this is above the industry average (32)
- Amey Fleet Services Limited
32 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Amey Fleet Services Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £166.7k, this is less efficient (£266.2k)
- Amey Fleet Services Limited
£266.2k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (33 days)
0 days - Amey Fleet Services Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 52 days, this is slower than average (29 days)
52 days - Amey Fleet Services Limited
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Amey Fleet Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (29 weeks)
0 weeks - Amey Fleet Services Limited
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.7%, this is a lower level of debt than the average (66%)
45.7% - Amey Fleet Services Limited
66% - Industry AVG
AMEY FLEET SERVICES LIMITED financials
Amey Fleet Services Limited's latest turnover from December 2023 is £51.7 million and the company has net assets of £85.1 million. According to their latest financial statements, we estimate that Amey Fleet Services Limited has 310 employees and maintains cash reserves of £189 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 51,689,000 | 50,114,000 | 56,217,000 | 61,676,000 | 67,685,000 | 76,083,000 | 79,185,000 | 80,485,000 | 89,700,000 | 77,773,000 | 54,481,000 | 57,882,000 | 61,136,000 | 69,361,000 | 70,332,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 44,894,000 | 42,817,000 | 48,970,000 | 52,932,000 | 62,813,000 | 69,452,000 | 72,982,000 | 73,912,000 | 86,385,000 | 71,934,000 | 45,223,000 | 49,628,000 | 54,305,000 | 62,840,000 | 62,646,000 |
| Gross Profit | 6,795,000 | 7,297,000 | 7,247,000 | 8,744,000 | 4,872,000 | 6,631,000 | 6,203,000 | 6,573,000 | 3,315,000 | 5,839,000 | 9,258,000 | 8,254,000 | 6,831,000 | 6,521,000 | 7,686,000 |
| Admin Expenses | 1,914,000 | 1,649,000 | 3,634,000 | 2,536,000 | 210,000 | 212,000 | 110,000 | 110,000 | 218,000 | 270,000 | 509,000 | 2,271,000 | 2,722,000 | 3,476,000 | 4,024,000 |
| Operating Profit | 4,881,000 | 5,648,000 | 3,613,000 | 6,208,000 | 4,662,000 | 6,419,000 | 6,093,000 | 6,463,000 | 3,097,000 | 5,569,000 | 8,749,000 | 5,983,000 | 4,109,000 | 3,045,000 | 3,662,000 |
| Interest Payable | 2,436,000 | 1,990,000 | 2,472,000 | 1,482,000 | 1,965,000 | 229,000 | 232,000 | 811,000 | 607,000 | 577,000 | 568,000 | 587,000 | 415,000 | 755,000 | 139,000 |
| Interest Receivable | 765,000 | 122,000 | 93,000 | 59,000 | 181,000 | 264,000 | 250,000 | 200,000 | 150,000 | 100,000 | 100,000 | 91,000 | 564,000 | 1,493,000 | |
| Pre-Tax Profit | 39,703,000 | 14,203,000 | 10,174,000 | 22,633,000 | -56,556,000 | 11,104,000 | 12,761,000 | 10,402,000 | 8,840,000 | 8,492,000 | 11,926,000 | 8,437,000 | 13,812,000 | 4,640,000 | 5,016,000 |
| Tax | -1,173,000 | -225,000 | -554,000 | -558,000 | -691,000 | -1,267,000 | -3,033,000 | -1,294,000 | -540,000 | -358,000 | -2,018,000 | -692,000 | -1,866,000 | -17,000 | |
| Profit After Tax | 38,530,000 | 13,978,000 | 9,620,000 | 22,075,000 | -57,247,000 | 9,837,000 | 9,728,000 | 9,108,000 | 8,300,000 | 8,134,000 | 9,908,000 | 7,745,000 | 11,946,000 | 4,623,000 | 5,016,000 |
| Dividends Paid | 20,000,000 | 10,000,000 | 45,000,000 | ||||||||||||
| Retained Profit | 38,530,000 | 13,978,000 | 9,620,000 | 22,075,000 | -57,247,000 | 9,837,000 | 9,728,000 | 9,108,000 | 8,300,000 | 8,134,000 | -10,092,000 | 7,745,000 | 1,946,000 | 4,623,000 | -39,984,000 |
| Employee Costs | 146,000 | 5,140,000 | 6,383,000 | 7,301,000 | 13,102,000 | 15,633,000 | |||||||||
| Number Of Employees | 96 | 151 | 187 | 352 | 414 | ||||||||||
| EBITDA* | 19,367,000 | 20,467,000 | 19,850,000 | 24,044,000 | 18,524,000 | 8,233,000 | 7,530,000 | 6,463,000 | 7,058,000 | 8,798,000 | 12,988,000 | 10,046,000 | 7,922,000 | 7,920,000 | 8,540,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 26,000 | 36,000 | 57,231,000 | 53,789,000 | 53,994,000 | 8,128,000 | 9,775,000 | 10,746,000 | 27,645,000 | 22,903,000 | 18,694,000 | 20,027,000 | 22,065,000 | 24,383,000 | 25,866,000 |
| Intangible Assets | 51,051,000 | 40,509,000 | |||||||||||||
| Investments & Other | 65,409,000 | 28,916,000 | 18,493,000 | 12,659,000 | |||||||||||
| Debtors (Due After 1 year) | 440,000 | 424,000 | 1,070,000 | 867,000 | 620,000 | 459,000 | 476,000 | ||||||||
| Total Fixed Assets | 116,926,000 | 69,885,000 | 76,794,000 | 67,315,000 | 54,614,000 | 8,128,000 | 9,775,000 | 10,746,000 | 27,645,000 | 22,903,000 | 18,694,000 | 20,027,000 | 22,065,000 | 24,842,000 | 26,342,000 |
| Stock & work in progress | 153,000 | 53,000 | 84,000 | 418,000 | |||||||||||
| Trade Debtors | 12,000 | 63,000 | 712,000 | 130,000 | 894,000 | 964,000 | 137,000 | 1,089,000 | 284,000 | 287,000 | 457,000 | 1,452,000 | 2,339,000 | 5,023,000 | |
| Group Debtors | 36,916,000 | 33,587,000 | 29,624,000 | 25,052,000 | 17,426,000 | 71,565,000 | 53,210,000 | 44,688,000 | 41,761,000 | 31,225,000 | 16,798,000 | 22,560,000 | 12,109,000 | 2,718,000 | 1,655,000 |
| Misc Debtors | 2,449,000 | 2,823,000 | 2,418,000 | 3,437,000 | 2,430,000 | 3,481,000 | 3,933,000 | 5,903,000 | 6,506,000 | 4,669,000 | 2,142,000 | 2,587,000 | 3,148,000 | 4,668,000 | 4,401,000 |
| Cash | 189,000 | 120,000 | 972,000 | 290,000 | 189,000 | 1,987,000 | 10,675,000 | 7,778,000 | 109,000 | 3,327,000 | 3,629,000 | 3,531,000 | 5,467,000 | 3,195,000 | 1,834,000 |
| misc current assets | |||||||||||||||
| total current assets | 39,566,000 | 36,593,000 | 33,726,000 | 28,909,000 | 20,939,000 | 77,997,000 | 67,955,000 | 58,369,000 | 49,465,000 | 39,658,000 | 22,856,000 | 29,135,000 | 22,229,000 | 13,004,000 | 13,331,000 |
| total assets | 156,492,000 | 106,478,000 | 110,520,000 | 96,224,000 | 75,553,000 | 86,125,000 | 77,730,000 | 69,115,000 | 77,110,000 | 62,561,000 | 41,550,000 | 49,162,000 | 44,294,000 | 37,846,000 | 39,673,000 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 6,498,000 | 7,710,000 | 7,480,000 | 9,234,000 | 9,217,000 | 11,542,000 | 11,649,000 | 11,061,000 | 9,530,000 | 7,245,000 | 1,528,000 | 2,746,000 | 1,926,000 | 975,000 | 2,684,000 |
| Group/Directors Accounts | 6,377,000 | 6,616,000 | 6,515,000 | 6,553,000 | 7,745,000 | 7,163,000 | 7,078,000 | 6,595,000 | 7,377,000 | 7,293,000 | 8,073,000 | 9,767,000 | 19,322,000 | ||
| other short term finances | |||||||||||||||
| hp & lease commitments | 14,505,000 | 12,447,000 | 18,231,000 | 16,444,000 | 16,139,000 | 1,813,000 | 1,690,000 | 1,286,000 | 3,976,000 | 3,036,000 | 2,867,000 | 2,522,000 | 2,168,000 | 1,347,000 | 939,000 |
| other current liabilities | 6,056,000 | 5,023,000 | 5,805,000 | 3,839,000 | 4,339,000 | 2,937,000 | 3,125,000 | 5,449,000 | 18,331,000 | 20,272,000 | 6,331,000 | 4,461,000 | 7,112,000 | 5,905,000 | 3,285,000 |
| total current liabilities | 33,436,000 | 31,796,000 | 38,031,000 | 36,070,000 | 37,440,000 | 23,455,000 | 23,542,000 | 24,391,000 | 31,837,000 | 30,553,000 | 18,103,000 | 17,022,000 | 19,279,000 | 17,994,000 | 26,230,000 |
| loans | 31,606,000 | 21,750,000 | |||||||||||||
| hp & lease commitments | 37,998,000 | 28,154,000 | 39,939,000 | 37,224,000 | 37,258,000 | 4,568,000 | 5,923,000 | 6,187,000 | 15,803,000 | 10,875,000 | 10,452,000 | 9,053,000 | 9,673,000 | 6,456,000 | 4,670,000 |
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 82,000 | 8,000 | |||||||||||||
| total long term liabilities | 37,998,000 | 28,154,000 | 39,939,000 | 37,224,000 | 37,258,000 | 4,568,000 | 5,923,000 | 6,187,000 | 15,844,000 | 10,879,000 | 10,452,000 | 9,053,000 | 9,673,000 | 6,456,000 | 4,670,000 |
| total liabilities | 71,434,000 | 59,950,000 | 77,970,000 | 73,294,000 | 74,698,000 | 28,023,000 | 29,465,000 | 30,578,000 | 47,681,000 | 41,432,000 | 28,555,000 | 26,075,000 | 28,952,000 | 24,450,000 | 30,900,000 |
| net assets | 85,058,000 | 46,528,000 | 32,550,000 | 22,930,000 | 855,000 | 58,102,000 | 48,265,000 | 38,537,000 | 29,429,000 | 21,129,000 | 12,995,000 | 23,087,000 | 15,342,000 | 13,396,000 | 8,773,000 |
| total shareholders funds | 85,058,000 | 46,528,000 | 32,550,000 | 22,930,000 | 855,000 | 58,102,000 | 48,265,000 | 38,537,000 | 29,429,000 | 21,129,000 | 12,995,000 | 23,087,000 | 15,342,000 | 13,396,000 | 8,773,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 4,881,000 | 5,648,000 | 3,613,000 | 6,208,000 | 4,662,000 | 6,419,000 | 6,093,000 | 6,463,000 | 3,097,000 | 5,569,000 | 8,749,000 | 5,983,000 | 4,109,000 | 3,045,000 | 3,662,000 |
| Depreciation | 46,000 | 16,237,000 | 17,836,000 | 13,862,000 | 1,814,000 | 1,437,000 | 3,961,000 | 3,229,000 | 4,239,000 | 4,063,000 | 3,813,000 | 4,875,000 | 4,878,000 | ||
| Amortisation | 14,486,000 | 14,773,000 | |||||||||||||
| Tax | -1,173,000 | -225,000 | -554,000 | -558,000 | -691,000 | -1,267,000 | -3,033,000 | -1,294,000 | -540,000 | -358,000 | -2,018,000 | -692,000 | -1,866,000 | -17,000 | |
| Stock | -153,000 | 153,000 | -53,000 | -31,000 | -334,000 | 418,000 | |||||||||
| Debtors | 2,920,000 | 3,073,000 | 4,338,000 | 8,116,000 | -54,640,000 | 18,730,000 | 6,689,000 | 1,235,000 | 13,178,000 | 16,951,000 | -6,377,000 | 8,895,000 | 6,525,000 | -1,371,000 | 11,555,000 |
| Creditors | -1,212,000 | 230,000 | -1,754,000 | 17,000 | -2,325,000 | -107,000 | 588,000 | 1,531,000 | 2,285,000 | 5,717,000 | -1,218,000 | 820,000 | 951,000 | -1,709,000 | 2,684,000 |
| Accruals and Deferred Income | 1,033,000 | -782,000 | 1,966,000 | -500,000 | 1,402,000 | -188,000 | -2,324,000 | -12,882,000 | -1,941,000 | 13,941,000 | 1,870,000 | -2,651,000 | 1,207,000 | 2,620,000 | 3,285,000 |
| Deferred Taxes & Provisions | -82,000 | 74,000 | 8,000 | ||||||||||||
| Cash flow from operations | 15,095,000 | 16,617,000 | 15,170,000 | 14,887,000 | 71,550,000 | -12,059,000 | -3,928,000 | -7,499,000 | -6,089,000 | 11,002,000 | 17,999,000 | -1,319,000 | 1,720,000 | 10,519,000 | 2,536,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 36,493,000 | 10,423,000 | 5,834,000 | 12,659,000 | |||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -239,000 | 101,000 | -38,000 | -1,192,000 | 582,000 | 85,000 | 483,000 | 6,595,000 | -7,377,000 | 84,000 | -780,000 | -1,694,000 | -9,555,000 | 19,322,000 | |
| Other Short Term Loans | |||||||||||||||
| Long term loans | -31,606,000 | 9,856,000 | 21,750,000 | ||||||||||||
| Hire Purchase and Lease Commitments | 11,902,000 | -17,569,000 | 4,502,000 | 271,000 | 47,016,000 | -1,232,000 | 140,000 | -12,306,000 | 5,868,000 | 592,000 | 1,744,000 | -266,000 | 4,038,000 | 2,194,000 | 5,609,000 |
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -1,671,000 | -1,868,000 | -2,379,000 | -1,423,000 | -1,784,000 | 35,000 | 18,000 | -611,000 | -457,000 | -477,000 | -468,000 | -496,000 | 149,000 | -755,000 | 1,354,000 |
| cash flow from financing | 9,992,000 | -19,336,000 | 2,085,000 | -2,344,000 | 45,814,000 | -1,112,000 | 641,000 | -37,928,000 | 15,267,000 | 14,488,000 | 1,360,000 | -1,542,000 | 2,493,000 | -8,116,000 | 75,042,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 69,000 | -852,000 | 682,000 | 101,000 | -1,798,000 | -8,688,000 | 2,897,000 | 7,669,000 | -3,218,000 | -302,000 | 98,000 | -1,936,000 | 2,272,000 | 1,361,000 | 1,834,000 |
| overdraft | |||||||||||||||
| change in cash | 69,000 | -852,000 | 682,000 | 101,000 | -1,798,000 | -8,688,000 | 2,897,000 | 7,669,000 | -3,218,000 | -302,000 | 98,000 | -1,936,000 | 2,272,000 | 1,361,000 | 1,834,000 |
amey fleet services limited Credit Report and Business Information
Amey Fleet Services Limited Competitor Analysis
Perform a competitor analysis for amey fleet services limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in EC4A area or any other competitors across 12 key performance metrics.
amey fleet services limited Ownership
AMEY FLEET SERVICES LIMITED group structure
Amey Fleet Services Limited has no subsidiary companies.
Ultimate parent company
PROJECT ARDENT TOPCO LTD
#0145730
2 parents
AMEY FLEET SERVICES LIMITED
00462578
amey fleet services limited directors
Amey Fleet Services Limited currently has 3 directors. The longest serving directors include Mr Andrew Nelson (Sep 2006) and Mr Thomas Lawless (Mar 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Nelson | 65 years | Sep 2006 | - | Director | |
| Mr Thomas Lawless | United Kingdom | 56 years | Mar 2020 | - | Director |
| Mr Richard Guy | United Kingdom | 52 years | Nov 2024 | - | Director |
P&L
December 2023turnover
51.7m
+3%
operating profit
4.9m
-14%
gross margin
13.2%
-9.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
85.1m
+0.83%
total assets
156.5m
+0.47%
cash
189k
+0.58%
net assets
Total assets minus all liabilities
Similar Companies
amey fleet services limited company details
company number
00462578
Type
Private limited with Share Capital
industry
77120 - Renting and leasing of trucks
77110 - Renting and leasing of cars and light motor vehicles
84110 - General public administration activities
incorporation date
December 1948
age
77
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
compactors engineering limited (July 1998)
accountant
-
auditor
FORVIZ MAZARS LLP
address
chancery exchange, 10 furnival street, london, EC4A 1AB
Bank
HSBC BANK PLC, HSBC BANK PLC
Legal Advisor
-
amey fleet services limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 5 charges/mortgages relating to amey fleet services limited. Currently there are 0 open charges and 5 have been satisfied in the past.
amey fleet services limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for AMEY FLEET SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
amey fleet services limited Companies House Filings - See Documents
| date | description | view/download |
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