KGM UK MOTORS LTD
Get an alert when KGM UK MOTORS LTD files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£18M
+45.9% highest in 3 filed years
Net assets
£23M
-14.5% vs 2024
Employees
34
-2.9% vs 2024
Profit before tax
£1M
-83.7% lowest in 3 filed years
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 | £105,738,000 | £124,522,000 | £101,382,000 | -18.6% | |
| Operating profit | £8,828,000 | £6,896,000 | £2,064,000 | -70.1% | |
| Profit before tax | £8,101,000 | £6,285,000 | £1,027,000 | -83.7% | |
| Net profit | £8,858,000 | £6,090,000 | £1,107,000 | -81.8% | |
| Cash | £6,677,000 | £12,512,000 | £18,249,000 | +45.9% | |
| Total assets less current liabilities | £20,701,000 | £28,771,000 | £24,878,000 | -13.5% | |
| Net assets | £20,701,000 | £26,791,000 | £22,898,000 | -14.5% | |
| Equity | £20,701,000 | £26,791,000 | £22,898,000 | -14.5% | |
| Average employees | 33 | 35 | 34 | -2.9% | |
| Wages | £2,261,000 | £2,237,000 | £2,014,000 | -10% | |
| Directors' remuneration | £385,000 | £357,000 | £231,000 | -35.3% |
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 | 8.3% | 5.5% | 2.0% | |
| Net margin | 8.4% | 4.9% | 1.1% | |
| Return on capital employed | 42.6% | 24.0% | 8.3% | |
| Current ratio | 2.93x | 2.42x | 1.95x | |
| Interest cover | 12.14x | 7.81x | 1.71x |
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 2 times since incorporation
- KGM UK MOTORS LTD 2023-12-08 → present
- SSANGYONG MOTOR UK LIMITED 2011-07-13 → 2023-12-08
- KOELLIKER UK LIMITED 2007-09-18 → 2011-07-13
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- MHA
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Following five years of profits, the Directors are satisfied that the business no longer needs to rely on the continued support of the Bassadone Automotive Group. Should any further support be required, the group would be willing to provide all necessary support for at least 12 months from the approval of these financial statements. Directors believe the Company is well placed to manage its financial risks and has adequate resources to continue in operational existence for the foreseeable future.”
Significant events
- “Tax changes in April 2025 adversely affected customer demand for products, particularly double-cab pickups due to benefit-in-kind tax increases and petrol/diesel vehicles due to first-year vehicle excise duty doubling.”
- “Launch of the all-new Actyon mid-sized SUV in January 2025, followed by the Torres hybrid-electric model at the end of 2025.”
- “Redemption of £5,000,000 of redeemable preference shares at par on 28th May 2025, reducing called up share capital.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BASSADONE, George Alfred Charles | Director | 2011-07-13 | Oct 1953 | British |
| GRIFFIN, Kevin | Director | 2021-09-10 | Apr 1959 | British |
| SAILLARD, Philippe | Director | 2024-05-28 | Jan 1966 | French |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| WILLIAMS, Sylvia Alexandra | Secretary | 2007-09-18 | 2011-07-13 |
| COLOMBO, Galdino | Director | 2007-09-18 | 2011-07-13 |
| JONES, Kevin | Director | 2011-07-13 | 2026-01-14 |
| LAIRD, Nicholas Grant | Director | 2018-03-27 | 2022-04-30 |
| LEEMANS, Michel | Director | 2007-09-18 | 2011-07-13 |
| WILLIAMS, Paul Thomas | Director | 2007-09-18 | 2017-09-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr George Alfred Charles Bassadone | Individual | Shares 75–100% | 2018-02-06 | Active |
| Bassadone Automotive (Uk) Ltd | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2018-02-02 |
Filing timeline
Last 20 of 98 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-06-02 RESOLUTIONS Resolution
- 2023-12-08 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-06 | AA | accounts | Accounts with accounts type full | |
| 2026-04-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-28 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-06-27 | AA | accounts | Accounts with accounts type full | |
| 2025-06-02 | RESOLUTIONS | resolution | Resolution | |
| 2025-02-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-10-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-10 | AA | accounts | Accounts with accounts type full | |
| 2024-06-03 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-08 | CERTNM | change-of-name | Certificate change of name company | |
| 2023-11-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-23 | AA | accounts | Accounts with accounts type full | |
| 2023-04-06 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-03-17 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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.