Read Motor Group Limited
The principal activity of the company is that of a Parent Company to its trading subsidiaries; the consolidated Group accounts including the results and assets of these Companies. The Company’s only source of income is dividends from its subsidiary Companies. The principal activities of the Group continue to be those of Hyundai, MG, Alfa Romeo, Jeep and Suzuki motor dealers and garage proprietors with parts operations also including Volkswagen.
Revenue
£141.4m
▲ +0.8% vs prior ~12m period
Profit after tax
-£438k
Margin 0.6%
Employees
243
▲ +20.3% vs prior ~12m period
Net assets
£6.4m
Total assets £43.0m
Financial history
Revenue by accounting period
5 periods available · ▲ growth ▼ decline
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2024 | £141.4m | ▲ +0.8% | -£454k | 243 | £6.4m |
| 31 Dec 2023 | £140.2m | ▲ +2.4% | £901k | 202 | £7.1m |
| 31 Dec 2022 | £136.9m | ▲ +25.7% | £2.1m | 195 | £6.7m |
| 31 Dec 2021 | £108.9m | — | £2.1m | 170 | £5.2m |
| 31 Dec 2020 | — | — | — | — | £3.7m |
Latest available figures
Period ending 31 Dec 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £141.4m
- Gross profit
- £12.6m
- Operating profit
- £910k
- Profit before tax
- -£454k
- Profit after tax
- -£438k
Balance sheet
- Total assets
- £43.0m
- Cash
- £121k
- Total liabilities
- £36.5m
- Net assets
- £6.4m
- Revenue per employee
- £582k
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