LEASEDRIVE LIMITED

Active
Company number 01748180Private limited companyIncorporated 1983

Key figures

£180,906,000+7.8%
Net assets 2024/25
+7.8%
Average annual growth 2023/24–2024/25
050 m100 m150 m200 m2023/242024/25

† LEASEDRIVE LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.

Ratios

2024/25

Sector comparison

SIC 45111

Where the company stands among the 4,318 active companies whose first SIC code is 45111 (Sale of new cars and light motor vehicles).

Turnover£88,205,000
Higher than 61% · median £62,480,054 among 448 that publish turnover
Net assets£180,906,000
Higher than 99% · median £161,340
Total assets£246,560,000
Higher than 98% · median £615,883
Cash£10,670,000
Higher than 96% · median £117,000
Company age43.2 years
Older than 85% · median 10.2 years
Largest in this sector by net assets
  1. STELLANTIS FINANCIAL SERVICES UK LIMITED£713.2m
  2. VOLKSWAGEN GROUP UNITED KINGDOM LIMITED£647.9m
  3. SYTNER GROUP LIMITED£551.2m
  4. JCT600 LIMITED£313.4m
  5. KIA UK LIMITED£275.1m
  6. HYUNDAI MOTOR UK LIMITED£235.2m
  7. LEASEDRIVE LIMITED£180.9m
  8. DECIDEBLOOM LIMITED£174m
  9. LLOYD MOTORS LIMITED£148.5m
  10. LOOKERS MOTOR GROUP LIMITED£144.5m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 4,318. The line on each bar marks the median.

Summary: LEASEDRIVE LIMITED

What kind of company is it?

LEASEDRIVE LIMITED is a private limited company registered with Companies House under company number 01748180. It was incorporated on 25 Aug 1983. Its status is active. The registered office is in Kirkstall forge (LS5). Its nature of business (SIC 2007) is sale of new cars and light motor vehicles (45111), financial leasing (64910), renting and leasing of cars and light motor vehicles (77110), other service activities n.e.c. (96090).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 31 Mar 2025); the company files full accounts. Turnover was £88,205,000. Profit for the year was £17,811,000. Net assets were £180,906,000, up 7.8% on the previous year. Cash at bank and in hand was £10,670,000. Total assets were £246,560,000 and total liabilities £61,926,000. Figures are available for 2 financial years (2023/24–2024/25).

How does it compare with similar companies?

Compared with 4,318 active companies whose first SIC code is 45111: By turnover it ranks higher than 61% of the 448 that publish turnover (median £62,480,054). By net assets it ranks higher than 99% of them (median £161,340). By total assets it ranks higher than 98% of them (median £615,883). By cash it ranks higher than 96% of them (median £117,000). It is older than 85% of them (median age 10.2 years).

Does it supply the public sector?

The company is named as a supplier in 2 public contract award notices from 2 public sector buyers since 2012. Contracts awarded to it alone have a combined published value of £18m.

What do public registers and reports show?

In its latest payment practices report it took an average of 30 days to pay suppliers, and 5% of invoices were not paid within agreed terms. It has a modern slavery statement on the government registry.

Who runs and controls the company?

One person with significant control is registered. 6 of 693 registered charges are outstanding.

When are its next filings due?

The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 25 Oct 2027.

Filed accounts2023/24–2024/25
2023/24 †2024/25 †
Turnover—88,205,000
Profit for the year—17,811,000
Cash at bank and in hand11,875,00010,670,000
Total assets224,009,000246,560,000
Total liabilities52,679,00061,926,000
Net assets / total equity167,842,000180,906,000
Average number of employees24—

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Public contracts

2 contracts

LEASEDRIVE LIMITED is named as a supplier in 2 public contract award notices from 2 public sector buyers since 2012. The 1 contract awarded to it alone with a published value add up to £18m.

Contracts per year
Main buyers2
DEPARTMENT FOR WORK AND PENSIONS
1 contract · £18m
Crown Commercial Service
1 contract
Contracts
  1. Vehicle Lease and Fleet Management Services‡Crown Commercial Service
  2. Fleet Management & Lease‡DEPARTMENT FOR WORK AND PENSIONS · £18,000,000

From contract award notices on Contracts Finder (since 2016) and Find a Tender (since 2021), published by the Cabinet Office under the Open Government Licence v3.0. Values are as published by the buyer and usually cover the whole contract term; the total leaves out awards shared between several suppliers, where the published figure is a ceiling for all of them, placeholder values and single figures of £1 billion or more. Notices marked ‡ do not state a company number and were linked by an exact match on the registered name. Contracts below the publication thresholds and those of devolved buyers that publish elsewhere are not included.

Statutory reporting

Payment practices1 Sep 2022 – 31 Mar 2023
Average time taken to pay invoices
30 days
Invoices not paid within agreed terms
5%
Standard payment terms
1–60 days
Member of a payment code
No
  • Within 30 days 31%
  • 31 to 60 days 66%
  • After 60 days 3%
Earlier periods (5)
Period ending
Days to pay
Within 30 days
Late
30 Jun 2022
32
41%
5%
30 Jun 2021
28
35%
6%
31 Mar 2021
32
42%
8%
31 Mar 2020
27
72%
1%
30 Sep 2019
26
77%
1%

View the latest report on GOV.UK

Modern slavery statements1
2023
Statement · summary on GOV.UK · group statement (ZENITH AUTOMOTIVE HOLDINGS LIMITED)

Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.

History

8 events
  1. Financial year 2024/25 endedAccounts: turnover £88.2m, net assets £180.9m
  2. Financial year 2023/24 endedAccounts: net assets £167.8m, 24 employees
  3. Zeus Bidco Limited registered as a person with significant control
  4. Leasedrive Holdings (Uk) Limited ceased to be a person with significant control
  5. Leasedrive Holdings (Uk) Limited registered as a person with significant control
  6. Name changed to LEASEDRIVE LIMITEDPreviously LEASEDRIVE VELO LIMITED
  7. Name changed to LEASEDRIVE VELO LIMITEDPreviously LEASEDRIVE LIMITED
  8. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current and former persons with significant control, and the end of each financial year with figures in the database.