PORSCHE FINANCIAL SERVICES GREAT BRITAIN 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

  +9.3%

  £7,532,986 → £8,235,332

• Cash

  —

  Not reported

• Net assets

  +17.3%

  £36,321,473 → £42,615,232

• Employees

  0%

  2 → 2

• Operating profit

  +8.7%

  £6,824,993 → £7,420,156

• Profit before tax

  -27%

  £11,536,529 → £8,418,266

• Wages

  -19.3%

  £304,776 → £245,921

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

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As a consequence, the director believes that the Company is well placed to manage its business risks successfully and continue to trade and be profitable for the foreseeable future, for the period up until the 31st December 2026 following the approval and signing of the financial statements for the year ended 31 December 2024. Accordingly, they continue to adopt the going concern basis in preparing the Annual Report and financial statements.”

Significant events

• “The Company performance is seen as satisfactory in the financial year despite the economic volatility, there is a slight increase in the profit share from Volkswagen Financial Services (UK) Limited. The economic conditions within the financial year had a direct impact on the automotive industry worldwide and Porsche did not escape this effect.”
• “Total new car penetration 33.22% (2023: 35.77%) was down by 7% and new car acquisitions down by 27%.”
• “residual value provisions rose during the year to £13.4m (2023: £11.69m).”
• “During the year the tangible asset under construction relating to the building development was reclassified to a finance lease receivable on completion.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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