RICHMOND CARS (GUILDFORD) 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%

  £64,596,654 → £63,286,003

• Cash

  -99.4%

  £192,335 → £1,110

• Net assets

  -13.6%

  £4,262,143 → £3,682,689

• Employees

  0%

  53 → 53

• Operating profit

  -52.6%

  £1,173,687 → £556,645

• Profit before tax

  -87.8%

  £789,358 → £96,272

• Wages

  +5.7%

  £1,824,680 → £1,929,065

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.

1. RICHMOND CARS (GUILDFORD) LIMITED 2013-07-04 → present
2. RICHMOND FLEET SOLUTIONS LIMITED 2013-03-01 → 2013-07-04

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Moore (South) LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the balance sheet date, the company made a profit for the year of £71k and had net assets at that date of £3,683k. Subsequent to the year end, the business has traded profitably ahead of budget and significantly ahead of the same period in 2024. The outlook for 2025 is ahead of 2024 as consumer confidence returns, interest rates begin to fall and the business is once again able to sell insurance and other value added products. Management continue to investigate new ways to conduct business and develop manufacturer relationships, which combined with ongoing capital investments result in the company trading profitably. We continue to enjoy the full support of the bank and our franchise partners, all of whom are kept fully informed on the ongoing cashflow forecasts and financial performance projections. As a result, the directors believe that the company will be able to continue in business and meet its liabilities as they fall due for a period of at least twelve months from the date of approval of the financial statements.”

Group structure

1. RICHMOND CARS (GUILDFORD) LIMITED · parent
   1. Richmond Cars (Southampton) Limited
   2. Richmond Cars Ltd
   3. Richmond Cars (Fareham) Ltd
   4. Richmond Cars (Botley) Ltd
   5. Newmans (Southampton) Ltd

Significant events

• “The company was appointed the Genesis retailer for Hampshire in 2024 and this is expected to result in growth in 2025 as a physical presence is established at the site in Guildford, for this brand that is new to the UK market.”
• “Subsequent to the balance sheet date the company expects to complete the purchase of a leasehold premises adjacent to its current operations on the Slyfield Industrial Estate Guildford for £1.8 million. This purchase will allow significant expansion of its operations with the existing MG franchise moving to a site of its own freeing up space for a physical Genesis showroom.”

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

Filings

2

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.