SAFEWAY CARS LIMITED
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Cash
£236K
+0.6% vs 2024
Net assets
£342K
-36% vs 2024
Employees
49
+6.5% vs 2024
Profit before tax
£533K
-28.9% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £51,203,370 | £52,972,012 | +3.5% | |
| Operating profit | £992,073 | £781,840 | -21.2% | |
| Profit before tax | £749,816 | £533,170 | -28.9% | |
| Net profit | £650,485 | £397,147 | -38.9% | |
| Cash | £234,478 | £235,895 | +0.6% | |
| Total assets less current liabilities | £728,853 | £476,607 | -34.6% | |
| Net assets | £535,173 | £342,320 | -36% | |
| Equity | £535,173 | £342,320 | -36% | |
| Average employees | 46 | 49 | +6.5% | |
| Wages | £1,403,687 | £1,520,557 | +8.3% | |
| Directors' remuneration | £20,865 | £2,789 | -86.6% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating margin | 1.9% | 1.5% | |
| Net margin | 1.3% | 0.7% | |
| Return on capital employed | 136.1% | 164.0% | |
| Gearing (liabilities / total assets) | 91.9% | 94.7% | |
| Current ratio | 1.01x | 0.98x | |
| Interest cover | 4.10x | 3.14x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Sterling Grove Accountants Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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 original financial statements were authorised for issue.”
Significant events
- “continued market disruption arising from the ZEV mandate increasing to 28%, alongside significant market share gains by new Chinese market entrants, both of which placed additional pressure on trading conditions across the automotive sector.”
- “The Harlow site experienced a more challenging trading year. During the period, a number of key personnel changes were implemented which, whilst necessary for the long-term development of the business, created a degree of short-term disruption to operations and trading performance.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ROYAL, David | Secretary | 2017-11-02 | — | — |
| TAYLOR, Jonathan Michael | Director | 2017-11-02 | Jul 1969 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BROWN, Peter Kenneth | Secretary | — | 1998-12-01 |
| EDWARDS, David John | Secretary | 1998-12-01 | 2008-01-25 |
| STRACEY, Sonia | Secretary | 2008-01-25 | 2017-11-02 |
| BROWN, Dorothy Patricia | Director | — | 2001-06-22 |
| BROWN, Kenneth Frederick | Director | — | 1998-06-30 |
| BROWN, Peter Kenneth | Director | — | 2017-11-02 |
| EDWARDS, David John | Director | 1998-12-01 | 2008-01-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ken Brown Motor Group Ltd | Corporate entity | Shares 75–100% | 2025-11-06 | Active |
| Now Investment Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2017-11-02 | Ceased 2025-11-06 |
Filing timeline
Last 20 of 135 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-10-26 MA Memorandum articles
- 2023-10-26 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-26 | AA | accounts | Accounts with accounts type full | |
| 2025-12-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-12-10 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-12-10 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-06-12 | AA | accounts | Accounts with accounts type full | |
| 2024-11-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-03 | AA | accounts | Accounts with accounts type small | |
| 2024-06-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-06-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-11-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-11-22 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-11-22 | CH03 | officers | Change person secretary company with change date | |
| 2023-10-26 | MA | incorporation | Memorandum articles | |
| 2023-10-26 | RESOLUTIONS | resolution | Resolution | |
| 2023-06-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-06-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-06-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-05-20 | AA | accounts | Accounts with accounts type small | |
| 2022-12-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-22 | AA | accounts | Accounts with accounts type small |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.