Reliable Vehicle Solutions Limited
Registered name: RELIABLE VEHICLE SOLUTIONS LIMITED
Part of Ludgate Limited groupReliable Vehicle Solutions Limited made £1.3m revenue and £308k profit in the year to 31 Dec 2024.
Reliable Vehicle Solutions Limited’s revenue fell 4% to £1.3m in the year to 31 Dec 2024, with £308k profit and 7 employees. The company is classified under “renting and leasing of cars and light motor vehicles” and is based in Carrickfergus; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Carrickfergus
- Age
- 14 yrs · since 2012
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Profit & loss | Profit & loss | Profit & loss |
| Profit & loss | |||
| Revenue (turnover) | £1.2m | £1.3m | £1.3m |
| Operating profit | £271k | £547k | £472k |
| Profit before tax | £245k | £498k | £411k |
| Profit after tax | £210k | £380k | £308k |
| Profit (best available) | £210k | £380k | £308k |
| Employees (average) | — | — | 7 |
| Ratios | |||
| Profit margin | 17.2% | 29.3% | 24.6% |
| Revenue per employee | — | — | £179k |
| Profit per employee | — | — | £44k |
| Growth (year on year) | |||
| Revenue growth | — | ▲6.3% | ▼3.5% |
| Profit growth | — | ▲81% | ▼18.9% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Sep 2024 | Accounts · bulk data Sep 2024 | Accounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 24.6%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £179k
- Revenue ÷ average employees.
- Profit per employee
- £44k
- 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.
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 7
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Ludgate Limitedultimate parent75–100%
- Ukbrokers Holdings Limited75–100%
- Pihl Holdings Limited75–100%
- Pihl Acquisition Limited75–100%
- Prestige Insurance Holdings Limited75–100%
- Reliable Vehicle Solutions Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (13)
- Abbey Insurance Brokers LimitedFigures not disclosed
- Beacon Newco (Birmingham) LtdFigures not disclosed
- Beacon Newco (Hitchin) LtdFigures not disclosed
- Beacon Newco (London) LtdFigures not disclosed
- Beacon Newco (Manchester) LtdFigures not disclosed
- Commercial Insurance Services Direct LtdFigures not disclosed
- Cover.net LimitedFigures not disclosed
- Insure Ni LimitedFigures not disclosed
- Pihl Legal LimitedFigures not disclosed
- Prestige Underwriting Services LimitedFigures not disclosed
- Reliable Claims Solutions LimitedFigures not disclosed
- Stroll Insurance Services LimitedFigures not disclosed
- Trumo Technology LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit £308k), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.
Updated from Companies House on 25 Oct 2026