DEALER AUCTION 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

  +25%

  £12,354,000 → £15,439,000

• Cash

  +39.2%

  £9,093,000 → £12,657,000

• Net assets

  -18.3%

  £58,039,000 → £47,393,000

• Employees

  +21.1%

  57 → 69

• Operating profit

  +73.5%

  -£2,851,000 → -£755,000

• Profit before tax

  +85.8%

  -£2,563,000 → -£363,000

• Wages

  +15.9%

  £3,480,000 → £4,032,000

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. DEALER AUCTION LIMITED 2020-04-02 → present
2. DEALER AUCTION (HOLDINGS) LIMITED 2019-01-29 → 2020-04-02
3. INTERCEDE 3002 LIMITED 2018-08-13 → 2019-01-29

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“When considering the going concern assumption the Directors have considered the cash available to the Company, including the MGMUK cash pooling arrangements, and any limitat ons to the Dealer Auction contributions into the central pool. The Directors have prepared cash flow forecasts for the MGMUK group with the following considerations: • the working capital structure and liquidity of the Group and the ability of the Group to continue to service its creditors as they fall due; • the cash and committed funding facilities in place; • the principal risks facing the Group and its systems of risk mtigation and control; • External factors influencing overall performance such as inflation; and • the Board approved cash flow forecasts prepared for a period to 31 July 2026. The Directors modelled downside scenarios to consider potential impact on the Group's forecast results and cash flows. Assumptions in the scenarios are reductions in Group EBITDA excluding FX and restructuring, which could result from falls in revenue or increases in costs, driven by market conditions. The Directors also conducted stress testing of the Group's forecasts and, considering reasonable downside sensitivities, the Directors are satisfied that the Group is expected to operate within its available cash resources. After modelling a 50% reduction in Group EBITDA excluding FX and restructuring across all operations. sufficient facility headroom remained in the model across all months. These forecasts demonstrate that MGMUK has sufficient liquidity and will be able to operate within its available facilities during the forecast period to 31 July 2026. Accordingly, the Directors have adopted the going concern basis in preparing the Company's financial statements.”

Group structure

1. DEALER AUCTION LIMITED · parent
   1. Dealer Auction (Operations) Limited 100% · United Kingdom · Dormant
   2. Dealer Auction Services Limited 100% · United Kingdom · Dormant
   3. Auto Trader Autostock Limited 100% · United Kingdom · Dormant

Significant events

• “An ordinary dividend of £8.0m was paid during the year, and a further £9.0m dividend was announced and paid on 31 March 2025 (2023: £6.0m).”
• “On 10 March 2025, the Company declared and paid an interim dividend of £9.0m (£91.09 per share).”
• “On 3 January 2025, the Group dissolved the following subsidiaries: Dealer Auction (Operations) Limited, Auto Trader Autostock Limited, Dealer Auction Services Limited. The result of the above subsidiaries being dissolved was a cancellation of share premium for both Dealer Auction Services Limited and Auto Trader Autostock Limited. The share capital for all 3 subsidiaries was reduced to £1 and this caused the investment value in Dealer Auction to be reduced by £40,797.”

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.