WILSON & CO. (MOTOR SALES) LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -1.3%

  £65,334,575 → £64,508,413

• Cash

  -99.7%

  £963,096 → £3,256

• Net assets

  +4.6%

  £3,855,898 → £4,031,946

• Employees

  -7.2%

  207 → 192

• Operating profit

  +44.4%

  £274,839 → £396,809

• Profit before tax

  +356.6%

  £55,088 → £251,528

• Wages

  +8.3%

  £6,029,625 → £6,530,231

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Cooper Parry Group Limited

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.”

Significant events

• “Despite an evolving motor retailing environment to include Government intervention on sales mix with enforced Electric Vehicle targeting on new vehicles leading to depressed pricing and the knock-on effect on used vehicle pricing, the directors are pleased to report that the business increased its used vehicle sales by 14% and saw its gross margin improve.”
• “In addition, the business had to navigate inflationary cost pressures, a continued high-interest rate environment and a mid-year General Election, which it did through the implementation of various strategic initiatives in order to streamline the business and promote operational efficiency.”
• “Furthermore, the business made various operational changes to improve its core offering in the year with the addition of Peugeot in two of its locations.”
• “It also made a significant investment in upgrading the group's largest site in Bolton, having been selected as a pilot scheme for the new Vauxhall Corporate Identity. This involved a full showroom reconfiguration, a brand new fit out and extensive external works. Following the addition of Peugeot, this returned the site to providing a tri-brand experience for its customers.”
• “With inflationary cost pressures, the reduction in market share of certain brands and vehicle aftersales parc the board have taken the decision to increase the model line up to customers by introducing KGM (formerly SsangYong) along with the recent launch of Peugeot at our Bolton location and also soon to be introduced at our Grimsby location to improve their future sustainability.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.