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Company No. 05812660 · Incorporated 10 May 2006

RM Auctions Limited

Registered name: RM AUCTIONS LIMITED

Part of Bidfair Limited group

RM Auctions Limited made £29.2m revenue and £4.5m profit in the year to 31 Dec 2025.

RM Auctions Limited’s revenue grew 44% to £29.2m in the year to 31 Dec 2025, with £4.5m profit and 36 employees. The company is classified under “sale of used cars and light motor vehicles”; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45112Sale of used cars and light motor vehicles
Status
Active
Location
London
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: “RM European Holdings Limited”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightOperating leverage
Revenue
£29.2m
Growth ▲44%
Profit
£4.5m
Growth ▲166.4%
Profit margin
15.4%
Gross 61.8%
Employees
36
Change ▲2.9%
Profit / employee
£125k
Revenue/employee £811k
Profitable streak
3yrs
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 to31 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£13.5m£20.3m£29.2m
Cost of sales£3.5m£7.3m£11.2m
Gross profit£10m£13m£18.1m
Operating profit£4.2m£2.4m£5.9m
Profit before tax£4.2m£2.4m£6m
Profit after tax£3.2m£1.7m£4.5m
Profit (best available)£3.2m£1.7m£4.5m
Staff costs£4.2m£5.5m£5.6m
Employees (average)373536
Ratios
Profit margin23.3%8.3%15.4%
Gross margin74.2%63.9%61.8%
Revenue per employee£365k£579k£811k
Profit per employee£85.2k£48.2k£125k
Growth (year on year)
Revenue growth—▲50.2%▲44%
Profit growth—▼46.4%▲166.4%
Headcount growth—▼5.4%▲2.9%
Balance sheet — indirect signals, not revenue
Cash at bank£3.4m£5.3m£45.2m
Net assets£29.4m£31m£35.5m
Fixed assets£154k£93.2k£64k
Current assets£34.5m£35.2m£81.3m
Debtors£635k£489k£786k
SourceFullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
15.4%
Profit ÷ revenue.
Gross margin
61.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£811k
Revenue ÷ average employees.
Profit per employee
£125k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.2%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
2.7%
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
▲14%
Now £35.5m
Cash at bank
▲758%
Now £45.2m
Headcount
▲3%
Now 36
Deferred income
—
Now —
Fixed assets
▼31%
Now £64k
Corporate ownership

Group structure

Ownership chain

  1. Bidfair Limitedultimate parent50–75%
  2. Sotheby's Holdings UK Limited75–100%
  3. York UK Holdco International Limited75–100%
  4. RM European Holdings Limited75–100%
  5. RM Auctions Limitedthis company

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

Sister companies (2)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £4.5m), from the Companies House accounts bulk data published Sep 2026. 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.