GO CAR CREDIT 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

  -2.6%

  £18,992,000 → £18,492,000

• Cash

  +254.1%

  £716,000 → £2,535,000

• Net assets

  -4.4%

  -£19,980,000 → -£20,866,000

• Employees

  -6.4%

  109 → 102

• Operating profit

  +48.6%

  £2,605,000 → £3,870,000

• Profit before tax

  -112.8%

  £7,428,000 → -£954,000

• Wages

  -4.6%

  £4,760,000 → £4,539,000

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.

1. GO CAR CREDIT LIMITED 2017-07-12 → present
2. ZENON FINANCE LTD 2015-10-13 → 2017-07-12

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Azets Audit Services Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements are prepared on a going concern basis. Go Car Credit Limited has reported a loss before tax of £0.9m for the year to 31 March 2025 (2024: £7.4m profit before tax) and net current assets of £3.1m (2024: net current liabilities £8.2m), it has net liabilities of £20.9m (2024: net liabilities of £20.0m). The Directors have prepared cash flow forecasts for the period ending 31 December 2026 which indicate that, taking account of reasonable possible downsides, the company will have sufficient funds, through funding from its ultimate parent company, Carfico Limited, to meet its liabilities as they fall due for that period.”

Group structure

1. GO CAR CREDIT LIMITED · parent
   1. GCC Funding (Paragon) Limited 1% · UK
   2. GCC Funding (No.4) Limited 1% · UK
   3. GCC Funding (No.5) Limited 1% · UK

Significant events

• “In August 2025, the Supreme Court judgment on commission disclosure has brought much-needed clarity to the market and the FCA is expected to announce its proposal for a redress scheme. Given the judgment and the FCA's statements on the matter, the company does not consider there to be any material liability with respect to commission disclosure.”
• “Subsequent to the year end, the directors have taken the decision to close the Company's vehicle retail site. The closure is expected to be completed by 31 March 2026.”

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

Filings

3

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.