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Company No. 05363103 · Incorporated 14 Feb 2005

Adapted Vehicle Hire Limited

Registered name: ADAPTED VEHICLE HIRE LIMITED

Part of Newship Products Group Limited group

Adapted Vehicle Hire Limited made £1.9m revenue and £14k profit in the year to 30 Sep 2025.

Adapted Vehicle Hire Limited’s revenue fell 20% to £1.9m in the year to 30 Sep 2025, with £14k profit and 29 employees. The company is classified under “renting and leasing of cars and light motor vehicles” and is based in Reading; we hold 3 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 77110Renting and leasing of cars and light motor vehicles
Status
Active
Location
Reading, South East
Age
21 yrs · since 2005
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 30 Sep 2025

Key figures

Revenue
£1.9m
Growth ▼20%
Profit
£14k
Growth ▼95.2%
Profit margin
0.7%
Gross 28.1%
Employees
29
Change 0%
Profit / employee
£483
Revenue/employee £67.2k
Profitable streak
3yrs
Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Sep 202330 Sep 202430 Sep 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£2.6m£2.4m£1.9m
Cost of sales−£1.2m−£1.4m−£1.4m
Gross profit£1.3m£1.1m£548k
Operating profit£658k£389k£9k
Profit before tax£657k£396k£9k
Profit after tax£521k£290k£14k
Profit (best available)£521k£290k£14k
Employees (average)282929
Ratios
Profit margin20.3%11.9%0.7%
Gross margin51.4%44%28.1%
Revenue per employee£91.5k£84k£67.2k
Profit per employee£18.6k£10k£483
Growth (year on year)
Revenue growth—▼4.9%▼20%
Profit growth—▼44.3%▼95.2%
Headcount growth—▲3.6%0%
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data Jun 2025Accounts · bulk data Jun 2025Accounts · bulk data Jun 2026
Derived from the latest filing

How the business works

Profit margin
0.7%
Profit ÷ revenue.
Gross margin
28.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£67.2k
Revenue ÷ average employees.
Profit per employee
£483
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
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
—
Now —
Cash at bank
—
Now —
Headcount
0%
Now 29
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Newship Products Group Limitedultimate parent75–100%
  2. Newship Products Limited75–100%
  3. Adapted Vehicle Hire Limitedthis company

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

Sister companies (6)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from accounts for the year to 30 Sep 2025 (profit £14k), from the Companies House accounts bulk data published Jun 2026. Spotted an error? Request a correction.

Updated from Companies House on 14 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.