How much does Cars 2 Limited make?

Cars 2 Limited reported revenue of £220m and £3m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Cars 2 Limited have?

Cars 2 Limited reported an average of 280 employees in the year to 31 Dec 2025.

Is Cars 2 Limited profitable?

Yes — Cars 2 Limited reported a profit of £3m in the year to 31 Dec 2025.

Company No. 05738906 · Incorporated 10 Mar 2006

Cars 2 Limited

Registered name: CARS 2 LIMITED

Part of Ascot Eot Limited group

Cars 2 Limited made £220m revenue and £3m profit in the year to 31 Dec 2025. read from filing text

Cars 2 Limited’s revenue grew 6% to £220m in the year to 31 Dec 2025, with £3m profit and 280 employees. The company is classified under “sale of new cars and light motor vehicles” and is based in Wakefield; 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 45200Maintenance and repair of motor vehicles SIC 45320Retail trade of motor vehicle parts and accessories

Status: Active
Location: Wakefield, Yorkshire and The Humber
Age: 20 yrs · since 2006
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: “On 31 January 2025, the shares in the company were sold to Ascot EOT Limited. Prior to that date the company was ultimately controlled by A G Otley. At the balance sheet date the company was controlle”

Latest accounts · year to 31 Dec 2025

Key figures

Cash flow filed

Revenue

£220m

Growth ▲6.1%

Profit

£3m

Growth ▼0.4%

Profit margin

1.4%

Gross 6.4%

Employees

280

Change ▲5.3%

Profit / employee

£10.7k

Revenue/employee £786k

Profitable streak

4yrs

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 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£168m	£192m	£208m	£220m
Cost of sales	£154m	£180m	£195m	£206m
Gross profit	£14.5m	£11.9m	£12.8m	£14m
Operating profit	£8.3m	£5.3m	£5.8m	£5.8m
Profit before tax	£7.6m	£4.1m	£4m	£3.8m
Profit after tax	£5.9m	£3m	£3m	£3m
Profit (best available)	£5.9m	£3m	£3m	£3m
Staff costs	£8.3m	£8.8m	£10.2m	£11.7m
Employees (average)	221	239	266	280
Ratios
Profit margin	3.5%	1.6%	1.4%	1.4%
Gross margin	8.6%	6.2%	6.2%	6.4%
Revenue per employee	£760k	£802k	£780k	£786k
Profit per employee	£26.6k	£12.8k	£11.3k	£10.7k
Cash conversion	−99.9%	22.9%	−108.6%	−155.2%
Growth (year on year)
Revenue growth	—	▲14%	▲8.4%	▲6.1%
Profit growth	—	▼48.2%	▼1.7%	▼0.4%
Headcount growth	—	▲8.1%	▲11.3%	▲5.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£15.8m	£11.1m	£12.5m	£6.7m
Net assets	£21.4m	£24.7m	£27.2m	£8m
Fixed assets	£17.2m	£23.2m	£23.1m	£23.5m
Current assets	£32.7m	£40.3m	£39.1m	£28.8m
Debtors	£2.3m	£3.8m	£3.5m	£3.8m
Deferred income	£895k	£1.5m	£1.1m	£1.4m
Cash from operations	−£8.3m	£1.2m	−£6.3m	−£9m
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024	FullAccounts · bulk data Jun 2026	FullAccounts · bulk data Jun 2026

Derived from the latest filing

How the business works

Profit margin: 1.4%; Profit ÷ revenue.
Gross margin: 6.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £786k; Revenue ÷ average employees.
Profit per employee: £10.7k; Profit ÷ average employees.
Cash conversion: −155.2%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 10.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.7%; 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: ▼71%; Now £8m
Cash at bank: ▼47%; Now £6.7m
Headcount: ▲5%; Now 280
Deferred income: ▲30%; Now £1.4m
Fixed assets: ▲2%; Now £23.5m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Ascot Eot Limitedultimate parent75–100%
Cars 2 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

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £3m), from the Companies House accounts bulk data published Jun 2026. Spotted an error? Request a correction.

Updated from Companies House on 14 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.