Project Fleet Newco Limited
Registered name: PROJECT FLEET NEWCO LIMITED
Part of PC Invest Pe Ltd groupProject Fleet Newco Limited made £14m revenue and a £942k loss in the year to 31 Jan 2025.
Project Fleet Newco Limited’s revenue grew 34% to £14m in the year to 31 Jan 2025, with a loss of £942k and 0 employees. The company is classified under “financial intermediation not elsewhere classified” and is based in Weybridge; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Weybridge, London
- Age
- 5 yrs · since 2020
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jan 2023 | 31 Jan 2024 | 31 Jan 2025 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £10.5m | £14m |
| Cost of sales | — | £4.7m | £5.8m |
| Gross profit | — | £5.7m | £8.3m |
| Operating profit | — | £424k | £1.8m |
| Profit before tax | — | −£629k | £873k |
| Profit after tax | — | −£1.1m | −£942k |
| Profit (best available) | — | −£1.1m | −£942k |
| Staff costs | — | £3.6m | £4.7m |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | — | −11% | −6.7% |
| Gross margin | — | 54.7% | 59% |
| Cash conversion | — | −336.2% | −104.4% |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲34.3% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £4.6k | £493 | £2.9k |
| Net assets | −£2.2m | −£3.3m | −£4.3m |
| Fixed assets | £9.9m | £9.9m | £9.9m |
| Current assets | £16.1k | £6.1k | £4.1k |
| Debtors | £11.4k | £0 | £0 |
| Deferred income | — | £0 | £0 |
| Cash from operations | — | −£1.4m | −£1.8m |
| Source | FilletedAccounts · bulk data May 2024 | FilletedAccounts · bulk data May 2024 | FullAccounts · bulk data May 2025 |
How the business works
- Profit margin
- −6.7%
- Profit ÷ revenue.
- Gross margin
- 59%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- −104.4%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 70.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- Money owed by customers. Low = customers pay quickly.
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 −£4.3m
- Cash at bank
- ▲491%
- Now £2.9k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now £0
- Fixed assets
- 0%
- Now £9.9m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- PC Invest Pe Ltdultimate parent75–100%
- PC Invest Pe Topco Limited75–100%
- PC Invest Pe Midco Limited75–100%
- PC Invest Pe Bidco Limited75–100%
- Project Fleet Newco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Plantexpand LimitedRev. £14m · Profit £1.8m
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Jan 2025 (profit −£942k), from the Companies House accounts bulk data published May 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.