How much does Richmond Cars (Southampton) Limited make?

Richmond Cars (Southampton) Limited reported revenue of £42.9m and a loss of £141k in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Richmond Cars (Southampton) Limited have?

Richmond Cars (Southampton) Limited reported an average of 56 employees in the year to 31 Dec 2024.

Is Richmond Cars (Southampton) Limited profitable?

No — Richmond Cars (Southampton) Limited reported a loss of £141k in the year to 31 Dec 2024.

Company No. 03820911 · Incorporated 6 Aug 1999

Richmond Cars (Southampton) Limited

Registered name: RICHMOND CARS (SOUTHAMPTON) LIMITED

Richmond Cars (Southampton) Limited made £42.9m revenue and a £141k loss in the year to 31 Dec 2024. read from filing text

Richmond Cars (Southampton) Limited’s revenue fell 36% to £42.9m in the year to 31 Dec 2024, with a loss of £141k and 56 employees. The company is classified under “sale of new cars and light motor vehicles” and is based in Southampton; 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: Southampton, South East
Age: 27 yrs · since 1999
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: “The ultimate controlling party is Mr M R Nobes, a director and sole shareholder.”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightCash flow filed

Revenue

£42.9m

Growth ▼36.3%

Profit

−£141k

Growth ▼118.5%

Profit margin

−0.3%

Gross 4.7%

Employees

Change ▼6.7%

Profit / employee

−£2.5k

Revenue/employee £766k

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 to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£56m	£67.4m	£42.9m
Cost of sales	£52.3m	£63.8m	£40.9m
Gross profit	£3.7m	£3.6m	£2m
Operating profit	£1.7m	£1.5m	£300k
Profit before tax	£1.4m	£1m	−£105k
Profit after tax	£1.1m	£763k	−£141k
Profit (best available)	£1.1m	£763k	−£141k
Staff costs	£2.3m	£2.2m	£1.7m
Employees (average)	62	60	56
Ratios
Profit margin	2%	1.1%	−0.3%
Gross margin	6.6%	5.3%	4.7%
Revenue per employee	£903k	£1.1m	£766k
Profit per employee	£18.3k	£12.7k	−£2.5k
Cash conversion	−32.5%	−39.2%	−39.3%
Growth (year on year)
Revenue growth	—	▲20.4%	▼36.3%
Profit growth	—	▼32.8%	▼118.5%
Headcount growth	—	▼3.2%	▼6.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£349k	£180k	£2.4k
Net assets	£5.7m	£6.5m	£5.5m
Fixed assets	£4.3m	£4.2m	£3.1m
Current assets	£10.4m	£13.3m	£11.2m
Debtors	£481k	£765k	£387k
Deferred income	£200k	£200k	£200k
Cash from operations	−£540k	−£573k	−£118k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: −0.3%; Profit ÷ revenue.
Gross margin: 4.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £766k; Revenue ÷ average employees.
Profit per employee: −£2.5k; Profit ÷ average employees.
Cash conversion: −39.3%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 7.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.9%; 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: ▼15%; Now £5.5m
Cash at bank: ▼99%; Now £2.4k
Headcount: ▼7%; Now 56
Deferred income: 0%; Now £200k
Fixed assets: ▼26%; Now £3.1m

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£141k), from the Companies House accounts bulk data published Sep 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.