NBRA statement on VMS Fleet Management
NBRA has been contacted by members regarding outstanding payments associated with work undertaken for VMS (Fleet Management) Limited.
NBRA has also been provided with a copy of a communication issued by VMS Fleet Management Ltd to suppliers and funders dated 16 September 2026.
In that communication, VMS states that the company is currently dealing with a winding-up petition presented by HM Revenue & Customs and that, while the directors obtain professional advice, the company is ‘not currently in a position to make payments to creditors.’
VMS states that this position is intended to avoid treating any individual creditor preferentially while the directors obtain advice regarding the company’s position and appropriate next steps.
A winding-up petition does not of itself mean that a company has been wound up, and NBRA is not expressing any view regarding the ultimate outcome of the proceedings or the current solvency or future trading prospects of VMS.
Companies House continues to record VMS (Fleet Management) Limited, company number 04443331, as active at the date of this notice.
Advice to affected members
Members who currently have outstanding invoices, work in progress or vehicles connected with VMS are encouraged to review their individual position and normal credit-control procedures.
In particular, members may wish to establish:
- the precise VMS legal entity that authorised the work;
- the total value and age of outstanding invoices;
- whether any vehicles connected with unpaid work remain in their possession;
- the contractual terms under which those vehicles were repaired;
- the value of any work currently in progress; and
- whether they require independent legal advice regarding recovery of monies owed or any rights associated with vehicles currently held.
Each NBRA member must make its own independent commercial and credit decisions. NBRA and RMI are not recommending that members cease trading with VMS, alter prices, adopt particular payment terms or take any coordinated commercial action.
Members should not share competitively sensitive information concerning pricing, future trading intentions, capacity or commercial terms with other members. CMA guidance specifically requires trade associations to preserve members’ independent commercial decision-making and avoid facilitating the exchange of competitively sensitive information.
Information
NBRA would like to understand the extent to which its members may be affected. Members with unpaid VMS accounts may therefore contact [email protected] confidentially with: legal entity invoiced / invoice value / invoice date / payment due date / whether the vehicle has been released or remains on site.
Information supplied will be held confidentially by NBRA and used to assess the aggregate position and determine whether appropriate professional advice should be obtained on behalf of affected members. Individual member information will not be circulated amongst members.
This notice is provided for member information only and does not constitute legal, insolvency or credit advice.
