WILMOTHS HOLDINGS LIMITED

• ⚠

  Material uncertainty over going concern

  The company continues to benefit from the support of their bankers and has completed a restructure of its facilities. However in the event that reasonable and plausible downside scenarios materialise and in the absence of successful mitigating actions then further financing may be required to meet the company's cash requirements which is not guaranteed. These events or conditions indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern and therefore it may not be able to realise its assets and discharge its liabilities in the normal course of business.

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

  -6.1%

  £92,524,394 → £86,862,232

• Cash

  +157.1%

  £130,375 → £335,174

  highest in 3 filed years

• Net assets

  -11%

  £4,703,179 → £4,184,619

• Employees

  +2.2%

  185 → 189

• Operating profit

  +68.6%

  -£827,008 → -£259,553

• Profit before tax

  +52.1%

  -£1,068,851 → -£512,076

• Wages

  +5.6%

  £6,123,815 → £6,468,586

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

Consolidated group

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The company continues to benefit from the support of their bankers and has completed a restructure of its facilities. However in the event that reasonable and plausible downside scenarios materialise and in the absence of successful mitigating actions then further financing may be required to meet the company's cash requirements which is not guaranteed. These events or conditions indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern and therefore it may not be able to realise its assets and discharge its liabilities in the normal course of business.”

Group structure

1. WILMOTHS HOLDINGS LIMITED · parent
   1. Jarretts Motors Limited 100% · UK
   2. NMC Sportif Limited 60% · UK
   3. Standset Limited 100% · UK · property holding company, with no trading activity
   4. Freeborn Garages Limited 100% · UK · dormant
   5. Special Vehicle Projects Limited 100% · UK
   6. Freeborn Hyundai Limited 100% · UK
   7. SE Thomas Limited 100% · UK
   8. Romahome Limited 100% · UK
   9. Freeborn Motorhomes Limited 100% · UK
   10. Wilmoths (St Lucia) Limited 100% · St Lucia

Significant events

• “Management are expecting 2025 to show improved profitability due to further improved aftersales performance, better used vehicle margins and the beginning of lifting of new vehicle supply constraints later in the year from both Citroen and FIAT.”
• “The company and group are set to benefit from the sale of investment property and the lowering of interest rates in the year.”
• “During 2025 two further FIAT facilities are to be added within existing facilites and two additional Peugeot Aftersales contracts. Winchester Citroen has been closed in the year.”
• “The directors are looking to increase representation with other manufacturers within their existing operations and marketing for sale of sites with no further operational use.”
• “Subsequent to the year end, subsidiaries Freeborn Motorhomes Limited, Romahome Limited, Special Vehicle Projects Limited, Freeborn Hyundai Limited and S E Thomas Limited were dissolved.”

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.