IT Fleet Automotive Limited
Registered name: IT FLEET AUTOMOTIVE LIMITED
IT Fleet Automotive Limited made £38.7m revenue and £269k profit in the year to 31 May 2025.
IT Fleet Automotive Limited’s revenue grew 6% to £38.7m in the year to 31 May 2025, with £269k profit and 229 employees. The company is classified under “maintenance and repair of motor vehicles” and is based in Colchester; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Colchester, East of England
- Age
- 25 yrs · since 2001
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Nov 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £26.3m | £16m | £36.5m | £38.7m |
| Cost of sales | £22.9m | £13m | £29.9m | £32m |
| Gross profit | £3.4m | £3m | £6.6m | £6.8m |
| Operating profit | −£749k | £780k | £1.3m | £923k |
| Profit before tax | −£1m | £540k | £736k | £476k |
| Profit after tax | −£864k | £341k | £637k | £269k |
| Profit (best available) | −£864k | £341k | £637k | £269k |
| Staff costs | £6.8m | £4.2m | £9.1m | £10.5m |
| Employees (average) | 183 | 215 | 205 | 229 |
| Ratios | ||||
| Profit margin | −3.3% | 2.1% | 1.8% | 0.7% |
| Gross margin | 12.8% | 19% | 18% | 17.4% |
| Revenue per employee | £144k | £74.5k | £178k | £169k |
| Profit per employee | −£4.7k | £1.6k | £3.1k | £1.2k |
| Cash conversion | — | −57.6% | −117.5% | −59.4% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲6.2% |
| Profit growth | — | — | — | ▼57.7% |
| Headcount growth | — | — | — | ▲11.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £47.7k | £343k | £536k | £73.8k |
| Net assets | −£3.6m | −£3.2m | −£2.6m | −£1.8m |
| Fixed assets | £873k | £812k | £1m | £1.1m |
| Current assets | £5.7m | £7.3m | £7.1m | £5.8m |
| Debtors | £3.2m | £3.9m | £3.3m | £2.6m |
| Deferred income | £434k | £471k | £870k | £1.2m |
| Cash from operations | £789k | −£449k | −£1.5m | −£549k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 0.7%
- Profit ÷ revenue.
- Gross margin
- 17.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £169k
- Revenue ÷ average employees.
- Profit per employee
- £1.2k
- Profit ÷ average employees.
- Cash conversion
- −59.4%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 6.6%
- 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 −£1.8m
- Cash at bank
- ▼86%
- Now £73.8k
- Headcount
- ▲12%
- Now 229
- Deferred income
- ▲44%
- Now £1.2m
- Fixed assets
- ▲7%
- Now £1.1m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Cat-UK Services LimitedBristol · Maintenance and repair of motor vehicles
- Revenue
- £37.7m
- Profit
- £2.8m
- Staff
- 35
- KC Autos Accident Repair Centres LimitedWinsford · Maintenance and repair of motor vehicles
- Revenue
- £41m
- Profit
- £2.1m
- Staff
- 232
- Greenhous Refurbishment Services LimitedTelford · Maintenance and repair of motor vehicles
- Revenue
- £41.2m
- Profit
- £79.1k
- Staff
- 126
- Karl Vella Autobody Repairs LimitedSkelmersdale · Maintenance and repair of motor vehicles
- Revenue
- £41.6m
- Profit
- £940k
- Staff
- 261
- Activate Accident Repair Group LimitedHalifax · Maintenance and repair of motor vehicles
- Revenue
- £42.5m
- Profit
- £1.6m
- Staff
- 298
- Secure Valeting LimitedSocon, ST Neots · Maintenance and repair of motor vehicles
- Revenue
- £43m
- Profit
- £2.3m
- Staff
- 108
Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit £269k), from the Companies House accounts bulk data published Feb 2026. Spotted an error? Request a correction.
Updated from Companies House on 23 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.