CLOSE 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

  +13.4%

  £56,027,000 → £63,508,000

• Cash

  +404.7%

  £1,014,000 → £5,118,000

• Net assets

  +68%

  £19,789,000 → £33,254,000

• Employees

  +1.5%

  68 → 69

• Profit before tax

  +28%

  £22,002,000 → £28,164,000

• Wages

  -13.3%

  £8,383,000 → £7,270,000

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 101

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In conclusion, the directors have determined that there is no material uncertainty that casts significant doubt over the Company's ability to continue as a going concern for the next twelve months from the date of the approval of these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the annual financial statements.”

Significant events

• “On 25 October 2024, the Court of Appeal ruled that motor dealers acting as credit brokers owe both a disinterested duty and a fiduciary duty of loyalty to their customers. This decision significantly raised the standard for disclosure and customer consent regarding commission payments, surpassing existing FCA rules and regulatory expectations at the time.”
• “The decision to implement the new disclosure letter was executed swiftly, resulting in only one day of lost trading activity.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

2

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.