MOTONOVO FINANCE LIMITED
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Cash
£700K
-12.5% vs 2024
Net assets
£157M
-12.7% vs 2024
Employees
628
-13.6% vs 2024
Profit before tax
-£25M
-152.6% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-06-30
| Metric | Trend | 2024-06-30 | 2025-06-30 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £308,500,000 | £336,800,000 | +9.2% | |
| Operating profit | £47,600,000 | £6,100,000 | -87.2% | |
| Profit before tax | £46,800,000 | -£24,600,000 | -152.6% | |
| Net profit | £36,200,000 | -£18,500,000 | -151.1% | |
| Cash | £800,000 | £700,000 | -12.5% | |
| Total assets less current liabilities | £4,285,800,000 | £4,363,500,000 | +1.8% | |
| Net assets | £179,900,000 | £157,100,000 | -12.7% | |
| Equity | £179,900,000 | £157,100,000 | -12.7% | |
| Average employees | 727 | 628 | -13.6% | |
| Wages | £31,800,000 | £28,100,000 | -11.6% | |
| Directors' remuneration | £5,300,000 | £5,600,000 | +5.7% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Operating margin | 15.4% | 1.8% | |
| Net margin | 11.7% | -5.5% | |
| Return on capital employed | 1.1% | 0.1% | |
| Gearing (liabilities / total assets) | 95.9% | 96.4% | |
| Current ratio | 79.80x | 128.40x | |
| Interest cover | 0.33x | 0.04x |
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.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease its operations, and as they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ('the going concern period').”
Significant events
- “On 27 February 2025, the FCA announced that firms were no longer required to appoint a Consumer Duty Champion (CDC), as the Duty had been fully integrated.”
- “A provision of £15.0 million for the potential impact of the FCA's review into historical motor finance commission arrangements and sales, which was announced on 11 January 2024, was recorded in the prior year. The Company has recognised a further provision of £58.5 million in the current financial year for this matter, following the announcement from the FCA on 3 August 2025 after the judgment from the Supreme Court of England and Wales ("the SC") handed down on 1 August 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BOTHMA, Johannes Stephanus | Director | 2026-01-03 | Oct 1986 | British |
| BRITNELL, Louise Jeanette | Director | 2025-09-15 | May 1979 | British |
| BUTLER, Patrick Noel | Director | 2020-02-25 | Dec 1960 | Irish |
| CROWLEY, Desmond Edward | Director | 2020-05-01 | Oct 1959 | Irish |
| HANDCOCK, Ruth Anna | Director | 2021-10-01 | Feb 1980 | British |
| LAWRENCE, Paul Joseph | Director | 2025-12-01 | Mar 1961 | British |
| LENMAN, Alasdair Bruce | Director | 2024-07-01 | Dec 1969 | British |
| MAKANJEE, Rajendra | Director | 2025-11-03 | Jan 1964 | South African,Maltese |
| MURRAY, Rosemary Carol | Director | 2021-08-01 | Jan 1965 | British |
| SAINSBURY, Adrian John | Director | 2026-04-09 | Mar 1968 | British |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DEVI, Anchna | Secretary | 2018-09-06 | 2018-12-12 |
| BANKS, Richard Lee | Director | 2020-09-01 | 2026-01-05 |
| COATES, Ralph Douglas | Director | 2022-05-01 | 2025-09-15 |
| COOPER, Steven Martin | Director | 2021-05-10 | 2025-10-31 |
| CORDELL, Mary Claire | Director | 2020-02-18 | 2022-04-30 |
| GRAY, Danuta | Director | 2020-02-25 | 2021-03-31 |
| HITCHINS, John Charles Fortescue | Director | 2020-02-25 | 2025-05-28 |
| JONES, Richard Andrew | Director | 2023-10-09 | 2025-02-28 |
| MACK, Christopher James | Director | 2018-09-06 | 2020-01-31 |
| MONKS, David Phillip | Director | 2018-09-06 | 2021-05-07 |
| PALMER, Christine Joan | Director | 2018-09-06 | 2020-07-31 |
| SHAW, Peter Anderson | Director | 2020-02-25 | 2020-09-30 |
| STANDISH, Mark Nicholas | Director | 2018-09-06 | 2021-07-30 |
| TURNER, Catherine Lucy | Director | 2020-02-25 | 2022-10-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Aldermore Group Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-09-06 | Active |
Filing timeline
Last 20 of 155 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-28 | SH01 | capital | Capital allotment shares | |
| 2026-04-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-04-15 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-03-29 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-02-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-01-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-01-05 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-05 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-12-05 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 1
- Officers appointed
- 5
- Officers resigned
- 3
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.