How much does Fleet Operations Limited make?

Fleet Operations Limited reported revenue of £27.4m and £460k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Fleet Operations Limited have?

Fleet Operations Limited reported an average of 100 employees in the year to 31 Dec 2025.

Is Fleet Operations Limited profitable?

Yes — Fleet Operations Limited reported a profit of £460k in the year to 31 Dec 2025.

Company No. 04455059 · Incorporated 6 Jun 2002

Fleet Operations Limited

Registered name: FLEET OPERATIONS LIMITED

Part of Faubourg Mobility group

Fleet Operations Limited made £27.4m revenue and £460k profit in the year to 31 Dec 2025.

Fleet Operations Limited’s revenue was £27.4m in the year to 31 Dec 2025, with £460k profit and 100 employees. The company is classified under “management consultancy activities other than financial management” and is based in Newcastle-Under-Lyme; we hold 4 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 70229Management consultancy activities other than financial management SIC 77110Renting and leasing of cars and light motor vehicles

Status: Active
Location: Newcastle-Under-Lyme, West Midlands
Age: 24 yrs · since 2002
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light

Revenue

£27.4m

Growth ▼0.4%

Profit

£460k

Growth ▼46.1%

Profit margin

1.7%

Gross 29.4%

Employees

100

Change ▼7.4%

Profit / employee

£4.6k

Revenue/employee £274k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&Lread from filing text	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£16m	£22.5m	£27.5m	£27.4m
Cost of sales	£11.2m	£15.3m	£19.8m	£19.3m
Gross profit	£4.8m	£7.2m	£7.8m	£8.1m
Operating profit	£931k	£2.1m	£1.9m	£1.8m
Profit before tax	£847k	£2m	£1.4m	£897k
Profit after tax	£711k	£1.5m	£854k	£460k
Profit (best available)	£711k	£1.5m	£854k	£460k
Staff costs	£2.9m	£3.7m	£4.4m	£4.5m
Employees (average)	78	86	108	100
Ratios
Profit margin	4.4%	6.8%	3.1%	1.7%
Gross margin	30%	31.9%	28.3%	29.4%
Revenue per employee	£206k	£262k	£255k	£274k
Profit per employee	£9.1k	£17.9k	£7.9k	£4.6k
Cash conversion	−70.3%	−61.8%	51.8%	—
Growth (year on year)
Revenue growth	—	▲40.4%	▲22.3%	▼0.4%
Profit growth	—	▲116.7%	▼44.6%	▼46.1%
Headcount growth	—	▲10.3%	▲25.6%	▼7.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£73.8k	£150k	£589k	£284k
Net assets	£1.5m	£2.6m	£3.1m	£3.6m
Fixed assets	£1.7m	£2.1m	£1.6m	£1.6m
Current assets	£4.1m	£6m	£7m	£7.2m
Debtors	£2.4m	£3.3m	£3.8m	£3.5m
Deferred income	£1m	£1m	£1.3m	£1.4m
Cash from operations	−£655k	−£1.3m	£991k	—
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024	FullAccounts · bulk data Aug 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 1.7%; Profit ÷ revenue.
Gross margin: 29.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £274k; Revenue ÷ average employees.
Profit per employee: £4.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 5.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 12.7%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲15%; Now £3.6m
Cash at bank: ▼52%; Now £284k
Headcount: ▼7%; Now 100
Deferred income: ▲9%; Now £1.4m
Fixed assets: ▼2%; Now £1.6m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Faubourg Mobility (registered outside the UK register)ultimate parent75–100%
Fleet Operations Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (5)

Traxall (United Kingdom) LimitedFigures not disclosed
Traxall Fleet LimitedFigures not disclosed
Traxall Fleet Management LimitedFigures not disclosed
Traxall LimitedFigures not disclosed
Traxall Mobility LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £460k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 13 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.