GRENKE LEASING 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

  +14.4%

  £29,918,406 → £34,231,087

• Cash

  -61%

  £5,583,527 → £2,177,788

• Net assets

  -26%

  £53,254,938 → £39,388,896

• Employees

  +4.7%

  86 → 90

• Operating profit

  +38.3%

  £3,896,237 → £5,389,124

• Profit before tax

  +38.9%

  £3,971,881 → £5,516,487

• Wages

  +4%

  £5,110,665 → £5,316,868

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.

1. GRENKE LEASING LIMITED 2002-11-18 → present
2. DWSCO 2323 LIMITED 2002-09-19 → 2002-11-18

Accounting basis

FRS 101 Reduced Disclosure Framework

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the next twelve months. The Value of the Company's finance lease receivables are £345m after making expected credit loss provisions. The amount due on loans to entities outside the Grenke AG Group and to SPV's net of subordinated loans is £211m. The proceeds from finance lease receivables will be realised earlier than the loans and debt securities and therefore the Company will be able to meet its debt obligations to entities outside the Grenke AG Group as they fall due. Loans due to group companies of £87m are payable within one year and these loans will need to be replaced with new loans from group companies. The Grenke AG Group has informed management that it will replace the group loans with new loans. Accordingly, it continues to adopt the going concern basis in preparing the financial statements.”

Significant events

• “The Company issued a promissory note with a par value of £30m on 15 May 2024. A repayment of the capital amount of £3.75m plus interest is made on quarterly basis and will be fully repaid on 15 May 2026.”
• “On 16 March 2026 the Company issued 10,000,000 ordinary shares to its parent company, Grenke AG, for cash consideration of £10,000,000. As this transaction occurred after the reporting date, it is treated as a non-adjusting event.”

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

Filings

3

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.