SWANSWAY GARAGES LIMITED
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Cash
£56M
+4.2% highest in 3 filed years
Net assets
£65M
+0.7% highest in 3 filed years
Employees
1,076
-0.2% vs 2024
Profit before tax
£8.4M
+23% vs 2024
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 | £939,156,000 | £984,090,345 | £1,008,621,498 | +2.5% | |
| Operating profit | £17,400,000 | £12,160,332 | £14,260,582 | +17.3% | |
| Profit before tax | £12,455,000 | £6,833,011 | £8,404,908 | +23% | |
| Net profit | £9,653,000 | £5,234,513 | £6,470,133 | +23.6% | |
| Cash | £46,859,000 | £53,776,914 | £56,057,576 | +4.2% | |
| Total assets less current liabilities | £70,682,000 | £71,969,425 | £71,432,394 | -0.7% | |
| Net assets | £62,385,000 | £64,368,960 | £64,792,713 | +0.7% | |
| Equity | £62,385,000 | £64,368,960 | £64,792,713 | +0.7% | |
| Average employees | 1,051 | 1,078 | 1,076 | -0.2% | |
| Wages | £46,997,000 | £52,673,508 | £44,789,072 | -15% | |
| Directors' remuneration | £4,067,000 | £4,421,840 | £719,599 | -83.7% |
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 | 1.9% | 1.2% | 1.4% | |
| Net margin | 1.0% | 0.5% | 0.6% | |
| Return on capital employed | 24.6% | 16.9% | 20.0% | |
| Gearing (liabilities / total assets) | — | 74.9% | 78.4% | |
| Current ratio | 1.07x | 1.09x | 1.07x | |
| Interest cover | 3.42x | 2.13x | 2.25x |
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
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the balance sheet date, the Company had net assets of £64.8mln (2024: £64.4mln) and net current assets of £18.9mln (2024: £16.8mln). The directors believe that the Company has adequate resources, including cash balances of £56mln (2024: £53.8mln) and both confirmed banking facilities and a strong trading performance to ensure that the Company will continue to operate for the foreseeable future.”
Group structure
- SWANSWAY GARAGES LIMITED · parent
- Parts Depot Crewe LLP 85%
- Stable Vehicle Contracts LLP 81%
- Thompson Motor Company (Preston) Limited 100%
Significant events
- “As a company we are closely monitoring the Financial Conduct Authority (FCA) announcement in August 2025. The Supreme Court issued its judgement relating to the Court of Appeal rulings in October 2024 regarding historic finance commissions in the sector. Following the judgement, the Financial Conduct Authority (FCA) issued a consultation document on 7 October 2025 regarding a proposed redress scheme for motor finance customers, with redress payments to consumers to commence in 2026. On 30th March 2026 the FCA announced they were going ahead with a scheme to compensate customers who were treated unfairly and published the final rules.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MARSLAND, Richard | Secretary | 2017-09-30 | — | — |
| MARSLAND, Richard Allan | Director | 2017-09-30 | Jan 1962 | British |
| SMYTH, David | Director | 2003-09-12 | Jun 1962 | British |
| SMYTH, John | Director | 2003-05-15 | Jan 1967 | British |
| SMYTH, Michael | Director | 2002-08-08 | Jan 1939 | British |
| SMYTH, Peter | Director | 2003-05-15 | Nov 1964 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HOLGATE, John | Secretary | 2005-12-31 | 2017-09-30 |
| PAWSON, Michael Andrew | Secretary | 2003-05-15 | 2005-12-31 |
| SMYTH, Michael | Secretary | 2002-08-08 | 2003-05-15 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 2002-08-08 | 2002-08-08 |
| HOLGATE, John | Director | 2005-12-31 | 2017-09-30 |
| MARSLAND, Richard | Director | 2017-09-30 | 2017-09-30 |
| PAWSON, Michael Andrew | Director | 2003-05-15 | 2005-12-31 |
| SMYTH, Margaret | Director | 2002-08-08 | 2004-03-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Swansway Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-07-01 | Active |
Filing timeline
Last 20 of 148 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-29 | AA | accounts | Accounts with accounts type full | |
| 2026-03-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-15 | CH01 | officers | Change person director company with change date | |
| 2025-05-30 | AA | accounts | Accounts with accounts type full | |
| 2025-03-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-05-19 | AA | accounts | Accounts with accounts type full | |
| 2024-03-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-23 | AA | accounts | Accounts with accounts type full | |
| 2023-03-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-09 | CH01 | officers | Change person director company with change date | |
| 2022-09-20 | CH01 | officers | Change person director company with change date | |
| 2022-05-27 | AA | accounts | Accounts with accounts type full | |
| 2022-05-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-19 | CH01 | officers | Change person director company with change date | |
| 2022-01-05 | CH01 | officers | Change person director company with change date | |
| 2022-01-05 | CH01 | officers | Change person director company with change date | |
| 2021-12-30 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-11-17 | CH01 | officers | Change person director company with change date | |
| 2021-07-04 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.