How much does The Car Group Ltd make?

The Car Group Ltd reported revenue of £33m and £53.6k profit in the year to 31 Dec 2022, according to its accounts filed at Companies House.

How many employees does The Car Group Ltd have?

The Car Group Ltd reported an average of 66 employees in the year to 31 Dec 2022.

Is The Car Group Ltd profitable?

Yes — The Car Group Ltd reported a profit of £53.6k in the year to 31 Dec 2022.

Company No. 09195686 · Incorporated 30 Aug 2014

The Car Group Ltd

Registered name: THE CAR GROUP LTD

Part of Titan Holdings Corporation Ltd group

The Car Group Ltd made £33m revenue and £53.6k profit in the year to 31 Dec 2022. read from filing text

The Car Group Ltd’s revenue fell 8% to £33m in the year to 31 Dec 2022, with £53.6k profit and 66 employees. The company is classified under “sale of used cars and light motor vehicles” and is based in Bolton; we hold 2 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: Liquidation
Location: Bolton, North West
Age: 12 yrs · since 2014
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 Dec 2022

Key figures

Cash flow filed

Revenue

£33m

Growth ▼8.2%

Profit

£53.6k

Growth ▼75.8%

Profit margin

0.2%

Gross 14.8%

Employees

Change ▼2.9%

Profit / employee

£813

Revenue/employee £500k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£36m	£33m
Cost of sales	£31.6m	£28.1m
Gross profit	£4.3m	£4.9m
Operating profit	£1.5m	£1.5m
Profit before tax	£225k	£50.4k
Profit after tax	£222k	£53.6k
Profit (best available)	£222k	£53.6k
Staff costs	£1.5m	£1.6m
Employees (average)	68	66
Ratios
Profit margin	0.6%	0.2%
Gross margin	12%	14.8%
Revenue per employee	£529k	£500k
Profit per employee	£3.3k	£813
Cash conversion	−192.4%	−140.6%
Growth (year on year)
Revenue growth	—	▼8.2%
Profit growth	—	▼75.8%
Headcount growth	—	▼2.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£522k	£199k
Net assets	£5.8m	£7.6m
Fixed assets	£14.9m	£21.1m
Current assets	£12.1m	£9.4m
Debtors	£186k	£99k
Deferred income	£83.1k	£472k
Cash from operations	−£2.8m	−£2.1m
Source	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2024

Derived from the latest filing

How the business works

Profit margin: 0.2%; Profit ÷ revenue.
Gross margin: 14.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £500k; Revenue ÷ average employees.
Profit per employee: £813; Profit ÷ average employees.
Cash conversion: −140.6%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 64%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.3%; 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: ▲31%; Now £7.6m
Cash at bank: ▼62%; Now £199k
Headcount: ▼3%; Now 66
Deferred income: ▲468%; Now £472k
Fixed assets: ▲41%; Now £21.1m

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

Titan Holdings Corporation Ltdultimate parent75–100%
The Car Group Ltdthis company

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

Sister companies (3)

Carazon LtdFigures not disclosed
Sell Your Car in 60 Seconds LimitedFigures not disclosed
The North Thread LtdFigures not disclosed

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2022 (profit £53.6k), from the Companies House accounts bulk data published Mar 2024. 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.