Motorway Online Ltd
The principal activity of the Group is a digital marketplace connecting private consumers selling their cars directly to a network of more than 7,500 verified car dealers, matching each seller with the dealer who most wants to buy their car. This enables consumers to sell their car quickly for the best price from the comfort of home , and a powerful way for car dealers to acquire the best used car stock efficiently . Going concern The Directors have reviewed the Group ' s Board approved budget and forecasts for the 12 months from the date of this report . The Directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future. Thus , they continue to adopt the going concern basis in preparing the annual financial statements . Further details regarding the adoption of the going concern basis can be found in note 1 to the financial statements .
Revenue
£41.2m
▲ +107.1% vs prior ~12m period
Profit after tax
-£42.5m
Margin -105.8%
Employees
448
▲ +1.8% vs prior ~12m period
Net assets
£37.0m
Total assets £46.1bn
Financial history
Revenue by accounting period
5 periods available · ▲ growth ▼ decline
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2024 | — | — | — | 448 | £37.0m |
| 31 Dec 2023 | — | — | — | 440 | £70.0m |
| 31 Dec 2022 | £41.2m | ▲ +107.1% | -£43.4m | 318 | £94.1m |
| 31 Dec 2021 | £19.9m | — | -£12.9m | 164 | £123.8m |
| 31 Dec 2020 | — | — | — | 75 | £2.9m |
Latest available figures
Period ending 31 Dec 2022. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £41.2m
- Gross profit
- £35.9m
- Operating profit
- -£43.6m
- Profit before tax
- -£43.4m
- Profit after tax
- -£42.5m
Balance sheet
- Total assets
- £46.1bn
- Cash
- £29.6m
- Total liabilities
- £46.0bn
- Net assets
- £37.0m
- Revenue per employee
- Not available
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