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Company No. 01651061 · Incorporated 14 Jul 1982

Read Derby Limited

Registered name: READ DERBY LIMITED

Part of Read Motor Group Limited group

Read Derby Limited made £29m revenue and a £240k loss in the year to 31 Dec 2024.

Read Derby Limited’s revenue fell 20% to £29m in the year to 31 Dec 2024, with a loss of £240k and 28 employees. The company is classified under “sale of new cars and light motor vehicles” and is based in Worksop; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45111Sale of new cars and light motor vehicles
Status
Active
Location
Worksop, Yorkshire and The Humber
Age
44 yrs · since 1982
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Read Motor Group Limited”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightCash flow filed
Revenue
£29m
Growth ▼20.4%
Profit
−£240k
Growth ▼304.8%
Profit margin
−0.8%
Gross 6%
Employees
28
Change ▼3.5%
Profit / employee
−£8.6k
Revenue/employee £1m
Profitable streak
0yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£38.6m£36.4m£29m
Cost of sales£36m£33.9m£27.2m
Gross profit£2.6m£2.5m£1.7m
Profit before tax£544k£165k−£329k
Profit after tax£441k£117k−£240k
Profit (best available)£441k£117k−£240k
Staff costs£1.1m£1m£829k
Employees (average)322928
Ratios
Profit margin1.1%0.3%−0.8%
Gross margin6.8%6.8%6%
Revenue per employee£1.2m£1.3m£1m
Profit per employee£13.8k£4k−£8.6k
Growth (year on year)
Revenue growth—▼5.7%▼20.4%
Profit growth—▼73.4%▼304.8%
Headcount growth—▼9.4%▼3.5%
Balance sheet — indirect signals, not revenue
Cash at bank£84.7k£170k£85.2k
Net assets£2.3m£2.4m£2.1m
Fixed assets£276k£239k£184k
Current assets£6.8m£6.3m£11.5m
Debtors£1.1m£615k£1.3m
Cash from operations£187k£434k£168k
SourceFullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2024FullAccounts · bulk data Oct 2025
Derived from the latest filing

How the business works

Profit margin
−0.8%
Profit ÷ revenue.
Gross margin
6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£1m
Revenue ÷ average employees.
Profit per employee
−£8.6k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
4.5%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▼10%
Now £2.1m
Cash at bank
▼50%
Now £85.2k
Headcount
▼3%
Now 28
Deferred income
—
Now —
Fixed assets
▼23%
Now £184k
Corporate ownership

Group structure

Ownership chain

  1. Read Motor Group Limitedultimate parent75–100%
  2. Read Derby Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (9)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£240k), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.