OGILVIE FLEET LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -1.5%

  £340,200,000 → £335,013,000

• Cash

  +6.8%

  £79,618,000 → £85,037,000

  highest in 4 filed years

• Net assets

  +7.5%

  £90,541,000 → £97,345,000

• Employees

  +2.9%

  137 → 141

  highest in 4 filed years

• Operating profit

  -1.3%

  £29,513,000 → £29,144,000

• Profit before tax

  -30.2%

  £19,063,000 → £13,304,000

  lowest in 4 filed years

• Wages

  -0.2%

  £7,810,000 → £7,796,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. OGILVIE FLEET LIMITED 2000-11-06 → present
2. OGILVIE MANAGEMENT SERVICES LIMITED 1994-08-02 → 2000-11-06
3. STEADFAST FLEET MANAGEMENT LIMITED 1993-03-31 → 1994-08-02
4. STEADFAST CONTRACTS LIMITED 1979-02-05 → 1993-03-31

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Johnston Carmichael LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the Directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. OGILVIE FLEET LIMITED · parent
   1. First Vehicle Leasing Limited 100% · UK · Personal Contract Hire
   2. OF Security Limited 0% · UK · Vehicle Securitisation

Significant events

• “From July 2024 to June 2025, the total fleet size remained stable at 24,000 vehicles which consolidates its position as a top 20 UK vehicle contract hire company.”
• “Significantly, the ongoing higher-than-anticipated depreciation of Battery Electric Vehicles ('BEV's') has resulted in lower overall profitability in this financial year.”
• “To counter the higher levels of depreciation, and focusing on BEV's, we've taken several initiatives. Firstly, we're working closely with all clients to extend contract terms.”
• “Then, the launch of our used vehicle leasing programme ("ReLease") has seen much early success too. We see this product growing significantly in the next two years.”
• “We do expect used vehicle values to remain uncertain over the next 12 months, albeit we also expect slightly more stability in used BEVs.”
• “We remain hopeful that the Government will see that a deeper involvement in providing support and governance in the used EV's market will create greater confidence with the public and thus speed up progress with their ZEV transition mandate.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

20

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.