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Company No. 13665264 · Incorporated 6 Oct 2021

Zenobe Borrower Fleetco Limited

Registered name: ZENOBE BORROWER FLEETCO LIMITED

Part of Zenobe Energy Limited group

Zenobe Borrower Fleetco Limited made £71.1m revenue and £4.7m profit in the year to 31 Dec 2025.

Zenobe Borrower Fleetco Limited’s revenue grew 54% to £71.1m in the year to 31 Dec 2025, with £4.7m profit. The company is classified under “production of electricity” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection D · Electricity, gas, steam and air conditioning supplySIC 35110Production of electricity
Status
Active
Location
London, London
Age
5 yrs · since 2021
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

Young and profitable
Revenue
£71.1m
Growth ▲53.8%
Profit
£4.7m
Growth —
Profit margin
6.6%
Gross 94.8%
Employees
—
Change —
Profit / employee
—
 
Profitable streak
1yr
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 to31 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£27.1m£46.2m£71.1m
Cost of sales−£1.3m−£2.2m−£3.7m
Gross profit£25.8m£44.1m£67.4m
Operating profit£3.9m£5.6m£14.7m
Profit before tax−£3.7m−£12m−£10.7m
Profit after tax−£3.7m−£12m£4.7m
Profit (best available)−£3.7m−£12m£4.7m
Employees (average)———
Ratios
Profit margin−13.8%−26%6.6%
Gross margin95.2%95.3%94.8%
Growth (year on year)
Revenue growth—▲70.4%▲53.8%
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data Oct 2025Accounts · bulk data Oct 2025Accounts · bulk data Aug 2026
Derived from the latest filing

How the business works

Profit margin
6.6%
Profit ÷ revenue.
Gross margin
94.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
—
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
—
Now —
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Zenobe Energy Limitedultimate parent75–100%
  2. Zenobe Ev Parent Fleetco Limited75–100%
  3. Zenobe Ev Fleetco Limited75–100%
  4. Zenobe Parent Fleetco Limited75–100%
  5. Zenobe Borrower Fleetco Limitedthis company

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

Subsidiaries (25)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2025 (profit £4.7m), from the Companies House accounts bulk data published Aug 2026. 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.