V12 SPORTS & CLASSICS LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-28 (in 1mo)
Last made up 2025-06-14
Watchouts
None on the register
Cash
£4M
+28.1% vs 2023
Net assets
£4M
-9.4% vs 2023
Employees
217
+0.9% vs 2023
Profit before tax
£257K
-54.4% vs 2023
Net assets
7-year trend · vs Consumer Discretionary median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2018-07-31 | 2019-07-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £195,509,590 | £235,192,538 | |
| Operating profit | — | — | — | — | — | £2,884,312 | £2,670,030 | |
| Profit before tax | — | — | — | — | — | £563,997 | £256,959 | |
| Net profit | — | — | — | — | — | £380,658 | £128,399 | |
| Cash | — | — | — | — | — | £2,861,236 | £3,663,984 | |
| Total assets less current liabilities | — | — | — | — | — | £6,682,710 | £6,451,206 | |
| Net assets | — | — | — | — | — | £4,945,423 | £4,478,973 | |
| Equity | £7,650,067 | £8,279,311 | £2,038,124 | £5,722,092 | £5,103,103 | £4,945,423 | £4,478,973 | |
| Average employees | — | — | — | — | — | 215 | 217 | |
| Wages | — | — | — | — | — | £8,001,815 | £8,319,872 | |
| Directors' remuneration | — | — | — | — | — | £46,279 | £39,615 |
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 2024-12-31 vs 2023-12-31
-
Turnover
+20.3%
£195,509,590 £235,192,538
-
Cash
+28.1%
£2,861,236 £3,663,984
-
Net assets
-9.4%
£4,945,423 £4,478,973
-
Employees
+0.9%
215 217
-
Operating profit
-7.4%
£2,884,312 £2,670,030
-
Profit before tax
-54.4%
£563,997 £256,959
-
Wages
+4%
£8,001,815 £8,319,872
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-07-31 | 2019-07-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 1.5% | 1.1% | |
| Net margin | — | — | — | — | — | 0.2% | 0.1% | |
| Return on capital employed | — | — | — | — | — | 43.2% | 41.4% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | 89.2% | 90.5% | |
| Current ratio | — | — | — | — | — | 1.12x | 1.11x | |
| Interest cover | — | — | — | — | — | 1.24x | 1.11x |
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.
Name history
Renamed 1 time since incorporation
- V12 SPORTS & CLASSICS LTD 2006-07-17 → present
- VIZ SPORTS & CLASSICS LIMITED 2006-06-29 → 2006-07-17
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Burrows Scarborough Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have evaluated the appropriateness of using the going concern basis in preparing the financial statements and have determined that it remains suitable.”
Significant events
- “During the first half year, the Company closed four retail sites - Witham, Luton, Nelson, and Newcastle-to focus on core operations.”
- “Toward year-end, V12 enhanced its Executive Committee with two senior leaders whose combined experience in motor finance and retail exceeds 50 years.”
- “The transformation strategy continues into 2025 as V12 welcomes new senior team members - a Head of Prep, Head of Sales, and Head of Marketing, each bringing substantial industry expertise.”
- “During the period under review the company changed the arrangements for financing warranty claims. Up to 30th September 2024, expected warranty costs were paid at the commencement of each policy to a third party provider... From 1st October 2024, the financing of warranty costs was brought in-house.”
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 |
|---|---|---|---|---|
| SHAIKH, Asiya | Secretary | 2008-05-17 | — | Indian |
| SHAIKH, Asiya | Director | 2014-11-10 | Feb 1980 | British |
| TAILOR, Farhad | Director | 2006-06-29 | Jun 1977 | British |
| WOODS, Gary | Director | 2018-02-26 | Aug 1962 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| OLIVER BYRNE, Alexander | Secretary | 2006-06-29 | 2008-05-17 |
| BAINS, Harkesh | Director | 2019-08-30 | 2021-12-03 |
| CAMPBELL, Ian | Director | 2021-01-01 | 2022-04-29 |
| ELVIDGE, Christopher David | Director | 2019-10-11 | 2020-08-07 |
| REEVES, Simon Anthony | Director | 2019-06-01 | 2020-06-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Farhad Tailor | Individual | Significant influence | 2016-07-01 | Active |
Filing timeline
Last 20 of 76 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-27 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-09-08 | AA | accounts | Accounts with accounts type full | |
| 2025-06-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-04 | AA | accounts | Accounts with accounts type full | |
| 2023-09-25 | AA | accounts | Accounts with accounts type full | |
| 2023-07-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-12 | AA | accounts | Accounts with accounts type full | |
| 2022-07-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-29 | TM01 | officers | Termination director company with name termination date | |
| 2021-12-16 | TM01 | officers | Termination director company with name termination date | |
| 2021-09-20 | AP01 | officers | Appoint person director company with name date | |
| 2021-07-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-07 | AA | accounts | Accounts with accounts type full | |
| 2020-08-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-08-10 | TM01 | officers | Termination director company with name termination date | |
| 2020-06-18 | AA01 | accounts | Change account reference date company current extended | |
| 2020-06-15 | TM01 | officers | Termination director company with name termination date | |
| 2019-11-15 | AA | accounts | Accounts with accounts type full | |
| 2019-10-14 | AP01 | officers | Appoint person director company with name date |
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.