VOLVO CAR UK LIMITED
The company operates as the UK national sales and distribution arm for the Nasdaq Stockholm-listed Swedish car manufacturer, which is ultimately owned by China's Zhejiang Geely Holding.
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Cash
—
Latest balance sheet
Net assets
—
Equity attributable
Employees
—
Average over period
Profit before tax
£15M
-33.4% vs 2024
Watch the reel
Our short-form breakdown of VOLVO CAR UK LIMITED's latest filing
Volvo Car UK hit £2.4bn in turnover, but a leaner team cost more to run, and profits thinned out. 🚗📉
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £1,723,668,000 | £2,346,790,000 | £2,405,794,000 | +2.5% | |
| Operating profit | £16,078,000 | £34,063,000 | £32,294,000 | -5.2% | |
| Profit before tax | £6,776,000 | £21,794,000 | £14,516,000 | -33.4% | |
| Net profit | £4,975,000 | £14,029,000 | £9,082,000 | -35.3% | |
| Cash | £577,000 | £2,883,000 | — | — | |
| Total assets less current liabilities | £175,567,000 | £121,478,000 | — | — | |
| Net assets | £19,707,000 | £34,333,000 | — | — | |
| Equity | £19,707,000 | £34,333,000 | — | — | |
| Average employees | 361 | 421 | — | — | |
| Wages | £15,718,000 | £16,816,000 | — | — | |
| Directors' remuneration | £766,000 | £560,000 | — | — |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 0.9% | 1.5% | 1.3% | |
| Net margin | 0.3% | 0.6% | 0.4% | |
| Return on capital employed | 9.2% | 28.0% | — | |
| Gearing (liabilities / total assets) | 98.0% | 96.3% | — | |
| Current ratio | 1.04x | 1.03x | — | |
| Interest cover | 1.24x | 2.39x | 1.58x |
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.
Name history
Renamed 2 times since incorporation
- VOLVO CAR UK LIMITED 1992-05-07 → present
- SWECAR ENGINEERING LIMITED 1988-09-22 → 1992-05-07
- SWEDEN FIFTY THREE LIMITED 1988-07-27 → 1988-09-22
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte 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
- VOLVO CAR UK LIMITED · parent
- Care By Volvo Car UK Limited 100%
- UK Automotive Solutions Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 52 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| EVANS, Michael David | Secretary | 2018-06-21 | — | — |
| EVANS, Michael David | Director | 2025-07-01 | May 1983 | British |
| MELILLO SHAW, Nicole Louise | Director | 2023-11-01 | Nov 1978 | British |
| OLSSON, Johan Edvin | Director | 2020-10-01 | Feb 1983 | Swedish |
Show 52 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAGNER, Hans | Secretary | — | 1992-04-26 |
| CLARKE, Adam Robert | Secretary | 2005-09-15 | 2015-02-17 |
| COLLIANDER, Rickard | Secretary | 2015-02-17 | 2018-06-21 |
| CONNOR, Nicholas Caton | Secretary | 1995-12-11 | 2005-09-15 |
| EDWARDS, Michael Charles Stewart | Secretary | 2003-07-28 | 2008-06-02 |
| HUNTER-PEASE, Charles Edward | Secretary | 1995-09-01 | 1995-09-29 |
| MALMROS, Claes John Ryott | Secretary | 1992-08-12 | 1995-09-01 |
| MARECKI, Michael Francis | Secretary | 2003-07-28 | 2005-06-30 |
| OSBALDISTON, John Anthony | Secretary | 1992-04-26 | 1992-08-12 |
| OSGOOD, Jonathan Edward | Secretary | 2005-07-13 | 2008-06-02 |
| PEARSON, Susan Lesley | Secretary | 2003-07-28 | 2008-06-02 |
| REYNOLDS, John Douglas | Secretary | 1995-09-29 | 1995-12-11 |
| VACY ASH, Charles Gilbert | Secretary | 2003-07-28 | 2006-02-08 |
| ANSGAR, Per Anders | Director | 2013-08-14 | 2019-06-01 |
| BENGTSSON, Bjorn Ake | Director | 1996-03-26 | 1998-11-13 |
| BRIHEIM, Jan | Director | 2002-06-01 | 2009-10-22 |
| CARLSON, Per Henrik Staffan, Senior Vice President | Director | 1995-05-11 | 1996-05-22 |
| CONNOR, Nicholas Caton | Director | 2011-06-29 | 2016-06-30 |
| EDLUND, Alf Soren | Director | 2015-06-04 | 2020-10-01 |
| EINARSSON, Lena | Director | — | 1994-03-22 |
| EKLUND, Seth-Erik Sven | Director | 2008-03-14 | 2008-11-27 |
| ELVEFORS, Nils Kristian | Director | 2019-06-01 | 2023-11-01 |
| ERIKSSON, Erik Sven-Ake | Director | — | 1992-03-16 |
| GERMUNDSSON, Curt | Director | 1994-04-27 | 2005-06-30 |
| GUSTAVSSON, Bo Vilhelm | Director | 1998-11-13 | 2000-04-30 |
| HAMPSON, Beverley Ann | Director | 2008-11-27 | 2011-04-21 |
| HAMPSON, Beverley | Director | 2005-11-22 | 2007-12-31 |
| HUBER, Wolff | Director | 1998-11-13 | 2002-06-01 |
| HUNTER-PEASE, Charles Edward | Director | 1992-03-26 | 1997-07-01 |
| JOHANSSON, Ralph Sture Lennart | Director | 1992-03-26 | 1993-06-01 |
| JONSSON, Stig | Director | — | 1992-03-26 |
| KEANEY, Gerard Christopher | Director | 2004-06-17 | 2011-05-03 |
| KEANEY, Gerard Christopher | Director | 1997-06-05 | 2002-08-31 |
| KERR, Stuart Donald | Director | 2006-10-01 | 2011-09-26 |
| LAXY, Rudolf Dieter | Director | 2002-06-01 | 2004-06-17 |
| MACKENZIE, Ian David | Director | 2009-10-01 | 2010-09-29 |
| MAES, Wim Germana Karel | Director | 2012-03-07 | 2013-06-06 |
| MALMROS, Claes John Ryott | Director | 1992-03-26 | 1992-08-12 |
| MOHLIN, Per-Erik | Director | 1993-06-01 | 1995-10-01 |
| MUNN, Claudia Jane | Director | 2011-11-28 | 2015-06-04 |
| OLSSON, Hans Olov | Director | 1996-04-19 | 1998-11-13 |
| OSCARSSON, Hans Erik | Director | 2013-06-11 | 2019-06-01 |
| PAYZE, Philip Charles | Director | 1992-03-26 | 1994-04-27 |
| PERSSON, Jan-Christer Bernhard | Director | — | 1994-03-22 |
| RASK, Peter Flemming | Director | 2009-01-05 | 2011-06-28 |
| REBELING, Orjan | Director | 1992-03-26 | 1994-09-30 |
| REID, Hugh Lynch | Director | 2002-09-01 | 2006-09-30 |
| SPECK, Douglas Carl | Director | 2011-06-28 | 2013-06-06 |
| SVENSK, Thomas Bengt | Director | 1995-05-11 | 1995-11-01 |
| SVENSSON, Mats Rune | Director | 2019-06-01 | 2025-10-31 |
| VAN FRAEYENHOVEN, Luc Maria Gilbert Louis | Director | 2011-09-26 | 2012-01-10 |
| WAKEFIELD, Jonathan Michael | Director | 2016-06-30 | 2019-06-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr. Li Shufu | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 227 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-18 | AA | accounts | Accounts with accounts type full | |
| 2026-01-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-23 | CH01 | officers | Change person director company with change date | |
| 2025-07-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-09 | AA | accounts | Accounts with accounts type full | |
| 2025-01-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-29 | AA | accounts | Accounts with accounts type full | |
| 2024-01-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-08 | CH01 | officers | Change person director company with change date | |
| 2023-11-08 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-08 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-02 | AA | accounts | Accounts with accounts type full | |
| 2023-01-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-21 | AA | accounts | Accounts with accounts type full | |
| 2022-01-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-04 | AA | accounts | Accounts with accounts type full | |
| 2021-01-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-10-13 | AA | accounts | Accounts with accounts type full | |
| 2020-10-01 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.