JM Performance Cars Limited
Registered name: JM PERFORMANCE CARS LIMITED
JM Performance Cars Limited made £14.1m revenue and £1.6k profit in the year to 31 Oct 2024.
JM Performance Cars Limited’s revenue fell 61% to £14.1m in the year to 31 Oct 2024, with £1.6k profit and 13 employees. The company is classified under “sale of used cars and light motor vehicles” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 13 yrs · since 2013
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £22.4m | £36.4m | £14.1m |
| Cost of sales | £21.2m | £36m | £13.9m |
| Gross profit | £1.1m | £417k | £154k |
| Profit before tax | £6.5k | £8.6k | £12.5k |
| Profit after tax | £3.4k | £682 | £1.6k |
| Profit (best available) | £3.4k | £682 | £1.6k |
| Staff costs | £1m | £1.2m | £1.2m |
| Employees (average) | 12 | 13 | 13 |
| Ratios | |||
| Profit margin | 0% | 0% | 0% |
| Gross margin | 5.1% | 1.1% | 1.1% |
| Revenue per employee | £1.9m | £2.8m | £1.1m |
| Profit per employee | £287 | £52 | £125 |
| Growth (year on year) | |||
| Revenue growth | — | ▲62.6% | ▼61.4% |
| Profit growth | — | ▼80.2% | ▲138.7% |
| Headcount growth | — | ▲8.3% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £2.5m | £1.1m | £402k |
| Net assets | £80.8k | £81.5k | £83.1k |
| Fixed assets | £600 | — | — |
| Current assets | £9.6m | £8m | £8.8m |
| Debtors | £346k | £75k | £95k |
| Cash from operations | £1.9m | −£1.2m | −£658k |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2025 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- 1.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.1m
- Revenue ÷ average employees.
- Profit per employee
- £125
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.7%
- Money owed by customers. Low = customers pay quickly.
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
- ▲2%
- Now £83.1k
- Cash at bank
- ▼65%
- Now £402k
- Headcount
- 0%
- Now 13
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Similar profitable businesses
- Arrow Commercial Centre (Huddersfield) LimitedHuddersfield · Sale of used cars and light motor vehicles
- Revenue
- £14.2m
- Profit
- £1.3m
- Staff
- 68
- G. Hodson and Son (Motor Sales) LimitedStafford · Sale of used cars and light motor vehicles
- Revenue
- £14.4m
- Profit
- £188k
- Staff
- 51
- Belgrave Motor Company LimitedSheffield · Sale of used cars and light motor vehicles
- Revenue
- £14.9m
- Profit
- £632k
- Staff
- 11
- Mag Rotherham LimitedRotherham · Sale of used cars and light motor vehicles
- Revenue
- £14.9m
- Profit
- £516k
- Staff
- 83
- Webuybrokenvans LtdHollywood · Sale of used cars and light motor vehicles
- Revenue
- £14.9m
- Profit
- £89.4k
- Staff
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- M B Brent Park LtdLondon · Sale of used cars and light motor vehicles
- Revenue
- £13m
- Profit
- £936k
- Staff
- 8
Sources
Latest figures from FullAccounts for the year to 31 Oct 2024 (profit £1.6k), from the Companies House accounts bulk data published Jul 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.