How much does Classic Cars (UK) Limited make?

Classic Cars (UK) Limited reported revenue of £40.5m and £868k profit in the year to 30 Nov 2024, according to its accounts filed at Companies House.

How many employees does Classic Cars (UK) Limited have?

Classic Cars (UK) Limited reported an average of 2 employees in the year to 30 Nov 2024.

Is Classic Cars (UK) Limited profitable?

Yes — Classic Cars (UK) Limited reported a profit of £868k in the year to 30 Nov 2024.

Company No. 04464424 · Incorporated 19 Jun 2002

Classic Cars (UK) Limited

Registered name: CLASSIC CARS (UK) LIMITED

Classic Cars (UK) Limited made £40.5m revenue and £868k profit in the year to 30 Nov 2024.

Classic Cars (UK) Limited’s revenue grew 15% to £40.5m in the year to 30 Nov 2024, with £868k profit and 2 employees. The company is classified under “sale of new cars and light motor vehicles” and is based in Middlesex; we hold 4 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 SIC 45112Sale of used cars and light motor vehicles SIC 77110Renting and leasing of cars and light motor vehicles

Status: Active
Location: Middlesex, London
Age: 24 yrs · since 2002
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Latest accounts · year to 30 Nov 2024

Key figures

IndependentSmall teamCapital-lightCash flow filed

Revenue

£40.5m

Growth ▲15%

Profit

£868k

Growth ▲9.9%

Profit margin

2.1%

Gross 7.8%

Employees

Change 0%

Profit / employee

£434k

Revenue/employee £20.3m

Profitable streak

2yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Nov 2021	30 Nov 2022	30 Nov 2023	30 Nov 2024
Disclosure	No P&L	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£35.2m	£40.5m
Cost of sales	—	—	£32.2m	£37.4m
Gross profit	—	—	£3.1m	£3.1m
Operating profit	—	—	£1.2m	£1.4m
Profit before tax	—	—	£1m	£1.2m
Profit after tax	—	—	£790k	£868k
Profit (best available)	—	—	£790k	£868k
Staff costs	—	—	£78.3k	£198k
Employees (average)	1	3	2	2
Ratios
Profit margin	—	—	2.2%	2.1%
Gross margin	—	—	8.7%	7.8%
Revenue per employee	—	—	£17.6m	£20.3m
Profit per employee	—	—	£395k	£434k
Cash conversion	—	—	−2.6%	−65%
Growth (year on year)
Revenue growth	—	—	—	▲15%
Profit growth	—	—	—	▲9.9%
Headcount growth	—	▲200%	▼33.3%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.3k	£48.9k	£12.1k	£668k
Net assets	£2.8m	£3.5m	£4.3m	£5.2m
Fixed assets	£42.4k	£40.6k	£40k	£36.3k
Current assets	£5m	£5m	£7m	£8.4m
Debtors	£0	£254k	£716k	£1.8m
Cash from operations	—	—	−£30.3k	−£881k
Source	FilletedAccounts · bulk data Nov 2023	FilletedAccounts · bulk data Nov 2023	FilletedAccounts · bulk data Nov 2024	FullAccounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: 2.1%; Profit ÷ revenue.
Gross margin: 7.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £20.3m; Revenue ÷ average employees.
Profit per employee: £434k; Profit ÷ average employees.
Cash conversion: −65%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 4.4%; 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: ▲20%; Now £5.2m
Cash at bank: ▲5423%; Now £668k
Headcount: 0%; Now 2
Deferred income: —; Now —
Fixed assets: ▼9%; Now £36.3k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Nov 2024 (profit £868k), from the Companies House accounts bulk data published Nov 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.