BRENT CARS LIMITED
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Next accounts due
2026-06-30 (in 1mo)
Last filed for 2024-09-30
Confirmation statement due
2027-01-23 (in 8mo)
Last made up 2026-01-09
Watchouts
None on the register
Cash
£3M
Latest balance sheet
Net assets
£1M
Equity attributable
Employees
204
Average over period
Profit before tax
-£2M
Period ending 2024-09-30
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2024-09-30
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £117,797,229 | £151,798,811 | |
| Operating profit | — | — | — | — | £1,602,040 | -£86,099 | |
| Profit before tax | — | — | — | — | £220,488 | -£2,213,792 | |
| Net profit | — | — | — | — | £578,836 | -£1,653,662 | |
| Cash | — | — | — | — | £1,526,066 | £3,162,008 | |
| Total assets less current liabilities | — | — | — | — | £5,841,368 | £4,058,506 | |
| Net assets | — | — | — | — | £1,693,540 | £1,039,878 | |
| Equity | £4,320,869 | £5,139,666 | — | £1,335,647 | £1,693,540 | £1,039,878 | |
| Average employees | — | — | — | — | 205 | 204 | |
| Wages | — | — | — | — | £6,554,243 | £8,741,897 | |
| Directors' remuneration | — | — | — | — | £96,915 | £135,494 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-09-30 vs 2023-09-30
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 1.4% | -0.1% | |
| Net margin | — | — | — | — | 0.5% | -1.1% | |
| Return on capital employed | — | — | — | — | 27.4% | -2.1% | |
| Gearing (liabilities / total assets) | — | — | — | — | 95.8% | 97.1% | |
| Current ratio | — | — | — | — | 1.06x | 1.05x | |
| Interest cover | — | — | — | — | 1.10x | -0.04x |
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
- ML Audit LLP
- 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.”
Group structure
- BRENT CARS LIMITED · parent
- N S Smart Repair Limited 100%
Significant events
- “The financial year ended 30 September 2024 was a challenging period for the UK used vehicle sector, and our business was not immune to the significant market headwinds that emerged.”
- “The business recorded a pre-tax loss of £2.2 million, compared to a profit in the prior year, primarily due to a sharp and rapid decline in used vehicle prices during the final quarter of 2023.”
- “Turnover declined by 3% on a pro-rata basis, primarily due to a reduction in the average selling price of used vehicles.”
- “Gross profit margin decreased from 7.1% to 6.5%, driven largely by compressed metal margins.”
- “Income from finance and insurance products increased by 7%, building on strong growth in the prior year.”
- “Rising market interest rates have continued to impact our financing costs. These increased by a further 10% during the year, compounding the significant rises experienced over the previous two years.”
- “Carbase's commitment to excellence was once again recognised in 2024, as we were named "Used Car Supermarket of the Year" by CarDealer magazine.”
- “achieved the internationally recognised "Great Place To Work" accreditation at our first attempt, an accolade we retained in 2024.”
- “the company's cash at bank increased to £3.2 million over the course of the year. This improvement reflects the successful execution of a focused programme of site consolidation, significant cost-saving initiatives, and disciplined cash management.”
- “the shareholders invested £1 million in new share capital in September 2024. This injection of equity was made to strengthen the company's balance sheet and support its continued recovery and growth.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BIRD, Graham | Director | 2005-05-22 | Jan 1954 | British |
| HECTOR, Kieran James | Director | 2013-05-01 | Feb 1981 | British |
| TWINE, Kay Kate | Director | 2013-05-01 | Sep 1962 | British |
| WINTER, Steven Paul | Director | 2003-06-11 | Sep 1958 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BIRD, Graham | Secretary | 2003-06-11 | 2013-06-06 |
| HIGHSTONE SECRETARIES LIMITED | Corporate Nominee Secretary | 2003-06-11 | 2003-06-13 |
| DASHFIELD, Neil Albert | Director | 2003-06-11 | 2003-09-17 |
| WILKINS, Adrian John | Director | 2003-06-11 | 2004-01-01 |
| HIGHSTONE DIRECTORS LIMITED | Corporate Nominee Director | 2003-06-11 | 2003-06-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Steven Paul Winter | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 187 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-07-01 | CH01 | officers | Change person director company with change date | |
| 2025-06-30 | SH02 | capital | Capital alter shares redemption statement of capital | |
| 2025-06-27 | AA | accounts | Accounts with accounts type full | |
| 2025-06-27 | SH06 | capital | Capital cancellation shares | |
| 2025-06-27 | SH06 | capital | Capital cancellation shares | |
| 2025-05-30 | SH01 | capital | Capital allotment shares | |
| 2025-05-30 | SH01 | capital | Capital allotment shares | |
| 2025-03-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-03-21 | AA | accounts | Accounts with accounts type full | |
| 2024-03-21 | AA01 | accounts | Change account reference date company previous shortened | |
| 2024-03-21 | AA | accounts | Accounts with accounts type full | |
| 2024-01-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-12-22 | AA01 | accounts | Change account reference date company previous shortened | |
| 2023-09-26 | AA01 | accounts | Change account reference date company previous shortened | |
| 2023-09-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-07-24 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-07-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-06-30 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 5
- 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.