How much does XL Motors Limited make?

XL Motors Limited reported revenue of £10m and £187k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does XL Motors Limited have?

XL Motors Limited reported an average of 81 employees in the year to 31 Mar 2025.

Is XL Motors Limited profitable?

Yes — XL Motors Limited reported a profit of £187k in the year to 31 Mar 2025.

Company No. 04584280 · Incorporated 7 Nov 2002

XL Motors Limited

Registered name: XL MOTORS LIMITED

Part of XLM Holdings Limited group

XL Motors Limited made £10m revenue and £187k profit in the year to 31 Mar 2025.

XL Motors Limited’s revenue grew 16% to £10m in the year to 31 Mar 2025, with £187k profit and 81 employees. The company is classified under “maintenance and repair of motor vehicles” and is based in Coventry; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45200Maintenance and repair of motor vehicles

Status: Active
Location: Coventry, West Midlands
Age: 23 yrs · since 2002
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.

Latest accounts · year to 31 Mar 2025

Key figures

Capital-lightBoring industryCash flow filed

Revenue

£10m

Growth ▲16.3%

Profit

£187k

Growth —

Profit margin

1.9%

Gross 53.6%

Employees

Change ▲5.2%

Profit / employee

£2.3k

Revenue/employee £123k

Profitable streak

1yr

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	31 Mar 2022	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)	£5.7m	£8m	£8.6m	£10m
Cost of sales	£2.8m	£4m	£4m	£4.6m
Gross profit	£2.9m	£3.9m	£4.5m	£5.3m
Operating profit	£44.4k	£302k	−£411k	£252k
Profit before tax	£32.7k	£297k	−£356k	£290k
Profit after tax	£26.3k	£208k	−£311k	£187k
Profit (best available)	£26.3k	£208k	−£311k	£187k
Staff costs	£2.1m	£2.7m	£3.7m	£3.8m
Employees (average)	63	78	77	81
Ratios
Profit margin	0.5%	2.6%	−3.6%	1.9%
Gross margin	50.6%	49.6%	52.8%	53.6%
Revenue per employee	£90.4k	£102k	£111k	£123k
Profit per employee	£418	£2.7k	−£4k	£2.3k
Cash conversion	289.5%	−102.1%	—	−167.6%
Growth (year on year)
Revenue growth	—	▲39.7%	▲7.6%	▲16.3%
Profit growth	—	▲690.8%	▼249.2%	—
Headcount growth	—	▲23.8%	▼1.3%	▲5.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.1m	£1.1m	£885k	£433k
Net assets	£4.1m	£4.3m	£2.3m	£2.3m
Fixed assets	£2.9m	£3m	£715k	£766k
Current assets	£3m	£3.5m	£3.6m	£4m
Debtors	£904k	£1.3m	£1.1m	£1.6m
Cash from operations	£129k	−£308k	−£354k	−£423k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 1.9%; Profit ÷ revenue.
Gross margin: 53.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £123k; Revenue ÷ average employees.
Profit per employee: £2.3k; Profit ÷ average employees.
Cash conversion: −167.6%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 7.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 15.8%; 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: ▼1%; Now £2.3m
Cash at bank: ▼51%; Now £433k
Headcount: ▲5%; Now 81
Deferred income: —; Now —
Fixed assets: ▲7%; Now £766k

Corporate ownership

Group structure

Ownership chain

XLM Holdings Limitedultimate parent75–100%
XL Motors Limitedthis company

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

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

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £187k), 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.