SINCLAIR GARAGES (CARDIFF) 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

  -2.7%

  £101,859,365 → £99,159,982

• Cash

  -55.5%

  £548,625 → £244,350

• Net assets

  +48.8%

  £1,472,330 → £2,190,907

• Employees

  +4.7%

  107 → 112

• Operating profit

  -47.7%

  £2,361,752 → £1,234,173

• Profit before tax

  -62.1%

  £1,922,984 → £728,150

• Wages

  +3.1%

  £4,445,884 → £4,583,437

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

Standalone (parent only)

Auditor

Haines Watts Wales 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. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “2024 represented a year of ongoing performance challenges for ourselves and the motor industry across the UK. The industry issues, such as the used car realignment at the end of 2023, and the UK Government's ZEV mandate pressure to achieve electric sales volumes in 2024, combined to have impacts on new and used car volumes and profits throughout 2024.”

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

Filings

1

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.