How much does Chieftain Fleet Management Limited make?

Chieftain Fleet Management Limited reported revenue of £20.7m and £1.2m profit in the year to 30 Nov 2024, according to its accounts filed at Companies House.

How many employees does Chieftain Fleet Management Limited have?

Chieftain Fleet Management Limited reported an average of 1 employee in the year to 30 Nov 2024.

Is Chieftain Fleet Management Limited profitable?

Yes — Chieftain Fleet Management Limited reported a profit of £1.2m in the year to 30 Nov 2024.

Company No. NI623682 · Incorporated 27 Mar 2014

Chieftain Fleet Management Limited

Registered name: CHIEFTAIN FLEET MANAGEMENT LIMITED

Part of WST Group Limited group

Chieftain Fleet Management Limited made £20.7m revenue and £1.2m profit in the year to 30 Nov 2024.

Chieftain Fleet Management Limited’s revenue grew 21% to £20.7m in the year to 30 Nov 2024, with £1.2m profit and 1 employee. The company is classified under “renting and leasing of trucks and other heavy vehicles” and is based in Coleraine; we hold 3 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 77120Renting and leasing of trucks and other heavy vehicles

Status: Active
Location: Coleraine, Northern Ireland
Age: 12 yrs · since 2014
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.

Latest accounts · year to 30 Nov 2024

Key figures

Small teamCash flow filed

Revenue

£20.7m

Growth ▲21.1%

Profit

£1.2m

Growth ▼55.8%

Profit margin

5.8%

Gross 39.7%

Employees

Change 0%

Profit / employee

£1.2m

Revenue/employee £20.7m

Profitable streak

2yrs

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 to	30 Nov 2022	30 Nov 2023	30 Nov 2024
Disclosure	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£17.1m	£20.7m
Cost of sales	—	£7.7m	£12.5m
Gross profit	—	£9.4m	£8.2m
Operating profit	—	£8.2m	£7.2m
Profit before tax	—	£3.8m	£1.6m
Profit after tax	—	£2.7m	£1.2m
Profit (best available)	—	£2.7m	£1.2m
Employees (average)	1	1	1
Ratios
Profit margin	—	15.8%	5.8%
Gross margin	—	54.8%	39.7%
Revenue per employee	—	£17.1m	£20.7m
Profit per employee	—	£2.7m	£1.2m
Cash conversion	—	−136.4%	−291.3%
Growth (year on year)
Revenue growth	—	—	▲21.1%
Profit growth	—	—	▼55.8%
Headcount growth	—	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£274k	£676k	£580k
Net assets	£2.8m	£4.5m	£97.6k
Fixed assets	£61m	£84.4m	£78.4m
Current assets	£11.2m	£13.5m	£6.9m
Debtors	£5.6m	£6.1m	£3.2m
Cash from operations	—	−£11.1m	−£21.1m
Source	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: 5.8%; Profit ÷ revenue.
Gross margin: 39.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £20.7m; Revenue ÷ average employees.
Profit per employee: £1.2m; Profit ÷ average employees.
Cash conversion: −291.3%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 378.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 15.6%; 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: ▼98%; Now £97.6k
Cash at bank: ▼14%; Now £580k
Headcount: 0%; Now 1
Deferred income: —; Now —
Fixed assets: ▼7%; Now £78.4m

Corporate ownership

Group structure

Ownership chain

WST Group Limitedultimate parent75–100%
Chieftain Fleet Management Limitedthis company

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

Sister companies (5)

H E Payne Investments LimitedFigures not disclosed
WS Central Services LimitedFigures not disclosed
WS Express LtdFigures not disclosed
WS Holdco 1 LimitedFigures not disclosed
WS Specialist Logistics LimitedRev. — · Profit £1.6m

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 30 Nov 2024 (profit £1.2m), from the Companies House accounts bulk data published Nov 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.