Network Fleet Ltd

Reference number: 954733

Instant download

Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Website, phone number and address

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

In the full report: 3 background checks

  • When thevanhub.co.uk first appeared online, and whether it can receive email
  • What kind of line 0800 368 6278 is
  • Who else gives the postcode RG14 5SH
Instant PDF download
Other names (2)

If you were contacted under any of these names, it is this firm.

  • thevanhub Trading name
  • Van Hub Trading name

FCA permissions and consumer protection

  • Lend or arrange credit No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (3 permissions)
  • Credit Broking
  • Debt Adjusting
  • Debt-counselling

FCA disciplinary action and complaints

No FCA disciplinary action.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company number
13473048
Company status
Active
Company type
Private limited company
Incorporated
23 June 2021 (5 years old)
Registered office
Trident House, Trident Business Park, Didcot, OX11 7HJ, United Kingdom
Nature of business
  • Sale of new cars and light motor vehicles (SIC 45111)
  • Sale of used cars and light motor vehicles (SIC 45112)
  • Sale of other motor vehicles (SIC 45190)
  • Renting and leasing of cars and light motor vehicles (SIC 77110)

Directors and company secretaries

Name Role Born Appointed Other companies
Russell John Patrick Hershey Director Dec 1983 23 Jun 2021 17 other companies
Richard Peter Simmonds Director Jun 1984 23 Jun 2021 18 other companies

Other companies run by these 2 directors

A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.

other companies
27
closed down
3
run together
8

In the full report: all 27 companies, named

  • What each company does, and whether it is still trading
  • Which of these 2 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 8 companies these 2 directors run together
Instant PDF download

Filed accounts and finances

Year to 31 December 2024Small company accountsNot audited

Net assets

−£143k

−982% from £16.2k

Cash at bank

£73.7k

−79% from £349k

Employees (average)

5

+25% from 4

Owed within a year

£1.23m

+12% from £1.10m

Net assets are negative: on its last balance sheet the company owed £143k more than it owned.

Assets and liabilities

In the full report: all 4 years of accounts

  • Every year from 2021 to 2024
  • The chart, over every year
  • Every filed figure, year by year
Instant PDF download
About these figures
Turnover
Money taken from sales in the year, before any costs.
Profit before tax
What was left after the year’s costs, before corporation tax. A minus figure is a loss.
Net assets, or total equity
Everything the company owns minus everything it owes. A minus figure means it owes more than it owns.
Total assets and total liabilities
Everything the company owns, and everything it owes, on the last day of the year. The gap between them is its net assets.
Cash at bank
Money in the company’s accounts on the last day of the year.
Owed within a year, owed after a year
Debts and bills due in the next twelve months, and those due later.

There is no turnover or profit: small companies do not have to publish them.

Accounts filed at Companies House for company 13473048. Every figure is as filed, apart from total assets and total liabilities, which are added up from filed figures. Nothing is estimated.

Key dates in its history

Network Fleet’s history from the FCA register and Companies House, newest first.

Key events (15) All events (21)

2023

19 December 2023

  • Nfrh (UK) Ltd became a part-owner (25–50% of shares)
  • Nfrps (UK) Ltd became a part-owner (25–50% of shares)
  • Richard Peter Simmonds stopped being a part-owner
  • Russell John Patrick Hershey stopped being a part-owner

Companies House

8 December 2023

  • One Motion Group Limited gave up control
  • Richard Peter Simmonds became a part-owner (25–50% of shares)
  • Russell John Patrick Hershey became a part-owner (25–50% of shares)

Companies House

23 June 2023

  • One Motion Group Limited took control (75–100% of shares)
  • Richard Peter Simmonds gave up control
  • Russell John Patrick Hershey gave up control

Companies House

2022

31 March 2022

  • Regulated by the FCA from this date
  • Became authorised by the FCA

FCA register

2021

23 June 2021

  • Incorporated at Companies House
  • Richard Peter Simmonds took control (75–100% of shares)
  • Russell John Patrick Hershey took control (75–100% of shares)

Companies House

In the full report: all 21 events

  • All 21 events in its history (15 shown here)
  • Every director appointment and resignation: 2
Instant PDF download

Firms connected to Network Fleet

Other FCA-listed firms that share a director, phone number or address with Network Fleet. A link shows who the firm is tied to, not whether either can be trusted.

connected firms
3
share its postcode
3

In the full report: all 3 connected firms, named

  • How each is linked: the same postcode (3)
  • Who links each one: the named directors, with dates
Instant PDF download

Firms like Network Fleet

Other firms of the same type (car dealer), nearest first.

In Newbury

Specialized Concept Store (Newbury) LtdNewburyAuthorisedFleet Direct Sales LtdNewburyAuthorisedHartford automotive ltdNewburyAuthorisedM & T Motor Company LimitedNewburyAuthorisedStewart Walker LimitedNewburyAuthorisedWoodlands Garage (Newbury) LimitedNewburyAuthorised

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on Network Fleet

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • 27 other companies its directors have run, named
  • 3 background checks on its contact details
  • 4 years of accounts, charted
  • All 21 events in its history
  • 3 connected firms, named, and who links them

Instant PDF One-off payment Secure checkout by Stripe

Frequently asked questions about this firm

Is Network Fleet Ltd FCA authorised?
Yes, Network Fleet Ltd (FRN 954733) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since March 2022 and works as a car dealer. The FCA has placed no limits on its permissions.
What is Network Fleet’s phone number and website?
The FCA register lists the phone number 0800 368 6278 and the website thevanhub.co.uk for Network Fleet. If you were given different contact details, use these to check with the firm before going any further.
Is Network Fleet a scam or clone?
Network Fleet is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.
Is my money safe with Network Fleet?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how Network Fleet handles your money, so check the specific product before you commit. You can also refer complaints about Network Fleet to the Financial Ombudsman Service, free of charge.
Who owns Network Fleet?
Companies House lists 2 people with significant control of Network Fleet: Nfrh (UK) Ltd (25–50% of shares) and Nfrps (UK) Ltd (25–50% of shares). Before that, it was controlled by One Motion Group Limited, Mr Russell John Patrick Hershey and Mr Richard Peter Simmonds.
Who runs Network Fleet?
Companies House lists 2 directors of Network Fleet: Russell John Patrick Hershey and Richard Peter Simmonds.
How long has Network Fleet been in business?
The company was formed on 23 June 2021, and has held its current FCA authorisation since March 2022.
What do Network Fleet’s latest accounts show?
Its latest accounts, to 31 December 2024, show net assets of −£143k (−982% from £16.2k) and cash at bank of £73.7k (−79% from £349k).
Does Network Fleet use any other names?
It trades as thevanhub and Van Hub.

Sources and links

The full report on Network Fleet Ltd

£19.99 · Instant PDF download

Loading secure checkout…