fleetgo uk ltd
fleetgo uk ltd Company Information
Company Number
11909033
Website
fleetgo.comRegistered Address
rowan house north, shrewsbury business park, shrewsbury, shropshire, SY2 6LG
Industry
Other transportation support activities
Telephone
443333000321
Next Accounts Due
September 2025
Group Structure
View All
Directors
Ronald Van Tiel4 Years
Shareholders
fleetgo group ltd 100%
fleetgo uk ltd Estimated Valuation
Pomanda estimates the enterprise value of FLEETGO UK LTD at £92.9k based on a Turnover of £209.8k and 0.44x industry multiple (adjusted for size and gross margin).
fleetgo uk ltd Estimated Valuation
Pomanda estimates the enterprise value of FLEETGO UK LTD at £0 based on an EBITDA of £-39k and a 2.9x industry multiple (adjusted for size and gross margin).
fleetgo uk ltd Estimated Valuation
Pomanda estimates the enterprise value of FLEETGO UK LTD at £0 based on Net Assets of £-83.3k and 1.96x industry multiple (adjusted for liquidity).
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Fleetgo Uk Ltd Overview
Fleetgo Uk Ltd is a live company located in shrewsbury, SY2 6LG with a Companies House number of 11909033. It operates in the other transportation support activities sector, SIC Code 52290. Founded in March 2019, it's largest shareholder is fleetgo group ltd with a 100% stake. Fleetgo Uk Ltd is a young, micro sized company, Pomanda has estimated its turnover at £209.8k with rapid growth in recent years.
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Fleetgo Uk Ltd Health Check
Pomanda's financial health check has awarded Fleetgo Uk Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
8 Weak
Size
annual sales of £209.8k, make it smaller than the average company (£11.6m)
- Fleetgo Uk Ltd
£11.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 40%, show it is growing at a faster rate (12.5%)
- Fleetgo Uk Ltd
12.5% - Industry AVG
Production
with a gross margin of 24.5%, this company has a comparable cost of product (24.5%)
- Fleetgo Uk Ltd
24.5% - Industry AVG
Profitability
an operating margin of -22.3% make it less profitable than the average company (5.1%)
- Fleetgo Uk Ltd
5.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (41)
1 - Fleetgo Uk Ltd
41 - Industry AVG
Pay Structure
on an average salary of £46.3k, the company has an equivalent pay structure (£46.3k)
- Fleetgo Uk Ltd
£46.3k - Industry AVG
Efficiency
resulting in sales per employee of £209.8k, this is less efficient (£271k)
- Fleetgo Uk Ltd
£271k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is later than average (44 days)
- Fleetgo Uk Ltd
44 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (35 days)
- Fleetgo Uk Ltd
35 days - Industry AVG
Stock Days
it holds stock equivalent to 28 days, this is more than average (5 days)
- Fleetgo Uk Ltd
5 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 40 weeks, this is more cash available to meet short term requirements (16 weeks)
40 weeks - Fleetgo Uk Ltd
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 114.6%, this is a higher level of debt than the average (59.9%)
114.6% - Fleetgo Uk Ltd
59.9% - Industry AVG
FLEETGO UK LTD financials
Fleetgo Uk Ltd's latest turnover from December 2023 is estimated at £209.8 thousand and the company has net assets of -£83.3 thousand. According to their latest financial statements, Fleetgo Uk Ltd has 1 employee and maintains cash reserves of £503.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Turnover | |||||
| Other Income Or Grants | |||||
| Cost Of Sales | |||||
| Gross Profit | |||||
| Admin Expenses | |||||
| Operating Profit | |||||
| Interest Payable | |||||
| Interest Receivable | |||||
| Pre-Tax Profit | |||||
| Tax | |||||
| Profit After Tax | |||||
| Dividends Paid | |||||
| Retained Profit | |||||
| Employee Costs | |||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 19,023 | 22,732 | 21,740 | 11,768 | 6,188 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 19,023 | 22,732 | 21,740 | 11,768 | 6,188 |
| Stock & work in progress | 12,283 | 5,569 | 7,354 | 4,726 | 106 |
| Trade Debtors | 34,387 | 23,833 | 17,551 | 6,284 | 8,750 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 108 | 1,200 | 2,529 | 90 | 2,243 |
| Cash | 503,626 | 288,904 | 114,590 | 20,823 | 9,813 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 550,404 | 319,506 | 142,024 | 31,923 | 20,912 |
| total assets | 569,427 | 342,238 | 163,764 | 43,691 | 27,100 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,390 | 2,824 | 3,782 | 551 | 861 |
| Group/Directors Accounts | 615,912 | 368,723 | 221,738 | 143,605 | 86,431 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 34,420 | 27,064 | 18,749 | 9,240 | 5,222 |
| total current liabilities | 652,722 | 398,611 | 244,269 | 153,396 | 92,514 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 652,722 | 398,611 | 244,269 | 153,396 | 92,514 |
| net assets | -83,295 | -56,373 | -80,505 | -109,705 | -65,414 |
| total shareholders funds | -83,295 | -56,373 | -80,505 | -109,705 | -65,414 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 7,726 | 7,004 | 4,649 | 2,039 | 572 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 6,714 | -1,785 | 2,628 | 4,620 | 106 |
| Debtors | 9,462 | 4,953 | 13,706 | -4,619 | 10,993 |
| Creditors | -434 | -958 | 3,231 | -310 | 861 |
| Accruals and Deferred Income | 7,356 | 8,315 | 9,509 | 4,018 | 5,222 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 247,189 | 146,985 | 78,133 | 57,174 | 86,431 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 214,722 | 174,314 | 93,767 | 11,010 | 9,813 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 214,722 | 174,314 | 93,767 | 11,010 | 9,813 |
fleetgo uk ltd Credit Report and Business Information
Fleetgo Uk Ltd Competitor Analysis
Perform a competitor analysis for fleetgo uk ltd by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other micro companies, companies in SY2 area or any other competitors across 12 key performance metrics.
fleetgo uk ltd Ownership
FLEETGO UK LTD group structure
Fleetgo Uk Ltd has no subsidiary companies.
Ultimate parent company
TIELSOFT BV
#0085639
2 parents
FLEETGO UK LTD
11909033
fleetgo uk ltd directors
Fleetgo Uk Ltd currently has 1 director, Mr Ronald Van Tiel serving since Jun 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ronald Van Tiel | United Kingdom | 47 years | Jun 2020 | - | Director |
P&L
December 2023turnover
209.8k
+35%
operating profit
-46.7k
0%
gross margin
24.6%
+9.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-83.3k
+0.48%
total assets
569.4k
+0.66%
cash
503.6k
+0.74%
net assets
Total assets minus all liabilities
fleetgo uk ltd company details
company number
11909033
Type
Private limited with Share Capital
industry
52290 - Other transportation support activities
incorporation date
March 2019
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
CBSL ACCOUNTANTS LIMITED
auditor
-
address
rowan house north, shrewsbury business park, shrewsbury, shropshire, SY2 6LG
Bank
-
Legal Advisor
-
fleetgo uk ltd 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 did not find charges/mortgages relating to fleetgo uk ltd.
fleetgo uk ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
