Ginetta Cars Limited
Registered name: GINETTA CARS LIMITED
Part of LNT Holdings Limited groupGinetta Cars Limited made £6.8m revenue and a £10.7m loss in the year to 31 Mar 2025.
Ginetta Cars Limited’s revenue fell 17% to £6.8m in the year to 31 Mar 2025, with a loss of £10.7m and 94 employees. The company is classified under “manufacture of motor vehicles” and is based in Garforth Leeds; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Garforth Leeds, Yorkshire and The Humber
- Age
- 34 yrs · since 1992
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £8.2m | £6.8m |
| Cost of sales | £8.7m | £9.7m |
| Gross profit | −£453k | −£2.9m |
| Operating profit | −£6.7m | −£9.9m |
| Profit before tax | −£7.2m | −£10.7m |
| Profit after tax | −£7.2m | −£10.7m |
| Profit (best available) | −£7.2m | −£10.7m |
| Staff costs | £3.6m | £3.6m |
| Employees (average) | 96 | 94 |
| Ratios | ||
| Profit margin | −87.7% | −157.3% |
| Gross margin | −5.5% | −42.2% |
| Revenue per employee | £85.8k | £72.4k |
| Profit per employee | −£75.3k | −£114k |
| Growth (year on year) | ||
| Revenue growth | — | ▼17.4% |
| Headcount growth | — | ▼2.1% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £65.1k | £47.7k |
| Net assets | −£42.8m | −£53.5m |
| Fixed assets | £3.6m | £3.5m |
| Current assets | £12.7m | £13.9m |
| Debtors | £542k | £978k |
| Deferred income | £2.3m | £1.4m |
| Source | FullAccounts · bulk data Mar 2026 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- −157.3%
- Profit ÷ revenue.
- Gross margin
- −42.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £72.4k
- Revenue ÷ average employees.
- Profit per employee
- −£114k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 51%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 20.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14.4%
- Money owed by customers. Low = customers pay quickly.
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
- —
- Now −£53.5m
- Cash at bank
- ▼27%
- Now £47.7k
- Headcount
- ▼2%
- Now 94
- Deferred income
- ▼39%
- Now £1.4m
- Fixed assets
- ▼5%
- Now £3.5m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- LNT Holdings Limitedultimate parent75–100%
- LNT Group Limited75–100%
- LNT Automotive Limited75–100%
- Ginetta Cars Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (4)
- Ginetta Clothing LtdFigures not disclosed
- Ginetta Heritage LtdFigures not disclosed
- Ginetta LimitedFigures not disclosed
- Want2race LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£10.7m), from the Companies House accounts bulk data published Mar 2026. 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.