Richford Motor Services Limited
Registered name: RICHFORD MOTOR SERVICES LIMITED
Part of Richford Holdings Limited groupRichford Motor Services Limited made £14.2m revenue and £865k profit in the year to 31 Mar 2025.
Richford Motor Services Limited’s revenue fell 6% to £14.2m in the year to 31 Mar 2025, with £865k profit and 129 employees. The company is classified under “sale of new cars and light motor vehicles” and is based in Alfreton; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Alfreton, East Midlands
- Age
- 28 yrs · since 1998
- 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 | 30 Sep 2021 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £10.5m | £19.5m | £15m | £14.2m |
| Cost of sales | £2.2m | £3.8m | £3.2m | £3.3m |
| Gross profit | £8.2m | £15.7m | £11.9m | £10.9m |
| Operating profit | £1.9m | £5.1m | £3.5m | £2.2m |
| Profit before tax | £1.5m | £4.5m | £2.9m | £1.3m |
| Profit after tax | £1.5m | £3.8m | £1.7m | £865k |
| Profit (best available) | £1.5m | £3.8m | £1.7m | £865k |
| Staff costs | £4.1m | £7m | £5.3m | £5.7m |
| Employees (average) | 114 | 121 | 126 | 129 |
| Ratios | ||||
| Profit margin | 14.4% | 19.5% | 11.4% | 6.1% |
| Gross margin | 78.6% | 80.5% | 79% | 76.9% |
| Revenue per employee | £91.7k | £161k | £119k | £110k |
| Profit per employee | £13.2k | £31.5k | £13.6k | £6.7k |
| Cash conversion | −108.1% | −79.4% | −109% | −129% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼5.9% |
| Profit growth | — | — | — | ▼49.6% |
| Headcount growth | — | — | — | ▲2.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.4m | £3m | £4.3m | £3.4m |
| Net assets | £4.3m | £7.9m | £9.5m | £10.2m |
| Fixed assets | £7m | £9.2m | £13.4m | £16.3m |
| Current assets | £3.9m | £7.5m | £8.8m | £9.1m |
| Debtors | £783k | £1.1m | £1.2m | £1.1m |
| Cash from operations | −£2m | −£4.1m | −£3.9m | −£2.8m |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 6.1%
- Profit ÷ revenue.
- Gross margin
- 76.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £110k
- Revenue ÷ average employees.
- Profit per employee
- £6.7k
- Profit ÷ average employees.
- Cash conversion
- −129%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 114.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 7.4%
- 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
- ▲8%
- Now £10.2m
- Cash at bank
- ▼20%
- Now £3.4m
- Headcount
- ▲2%
- Now 129
- Deferred income
- —
- Now —
- Fixed assets
- ▲21%
- Now £16.3m
Group structure
Ownership chain
- Richford Holdings Limitedultimate parent75–100%
- Richford Motor Services Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Richford Property LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Profit
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- Staff
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- Roadside Motors (Lurgan) LimitedCraigavon · Sale of new cars and light motor vehicles
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- Donnelly Bros (Honda) LtdSale of new cars and light motor vehicles
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £865k), from the Companies House accounts bulk data published Dec 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.