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Company No. 01837284 · Incorporated 31 Jul 1984

Rix Motor Company Limited

Registered name: RIX MOTOR COMPANY LIMITED

Part of Rix Motor Company Holdings Limited group

Rix Motor Company Limited made £30.9m revenue and £444k profit in the year to 31 Oct 2024.

Rix Motor Company Limited’s revenue fell 16% to £30.9m in the year to 31 Oct 2024, with £444k profit and 43 employees. The company is classified under “sale of used cars and light motor vehicles” and is based in Warrington; 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
Warrington, North West
Age
42 yrs · since 1984
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 Oct 2024

Key figures

Cash flow filed
Revenue
£30.9m
Growth ▼15.7%
Profit
£444k
Growth ▼10.8%
Profit margin
1.4%
Gross 16.1%
Employees
43
Change ▼10.4%
Profit / employee
£10.3k
Revenue/employee £719k
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 Oct 202231 Oct 202331 Oct 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£41.6m£36.7m£30.9m
Cost of sales£35.4m£30.8m−£25.9m
Gross profit£6.2m£5.9m£5m
Operating profit£1.8m£1.4m£839k
Profit before tax£1.7m£689k£578k
Profit after tax£1.4m£498k£444k
Profit (best available)£1.4m£498k£444k
Staff costs£2.3m£2.3m—
Employees (average)484843
Ratios
Profit margin3.5%1.4%1.4%
Gross margin15%16.1%16.1%
Revenue per employee£866k£764k£719k
Profit per employee£30.1k£10.4k£10.3k
Cash conversion−148.3%1.8%—
Growth (year on year)
Revenue growth—▼11.8%▼15.7%
Profit growth—▼65.6%▼10.8%
Headcount growth—0%▼10.4%
Balance sheet — indirect signals, not revenue
Cash at bank£1k£254—
Net assets£5.3m£5.2m—
Fixed assets£6m£5.8m—
Current assets£8.9m£9.8m—
Debtors£395k£537k—
Deferred income£0£90.5k—
Cash from operations−£2.7m£24.6k—
SourceFullAccounts · bulk data Jul 2024FullAccounts · bulk data Jul 2024Accounts · bulk data Aug 2025
Derived from the latest filing

How the business works

Profit margin
1.4%
Profit ÷ revenue.
Gross margin
16.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£719k
Revenue ÷ average employees.
Profit per employee
£10.3k
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
—
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
—
Now —
Cash at bank
—
Now —
Headcount
▼10%
Now 43
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Rix Motor Company Holdings Limitedultimate parent75–100%
  2. Rix Motor Company 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

Latest figures from accounts for the year to 31 Oct 2024 (profit £444k), from the Companies House accounts bulk data published Aug 2025. Spotted an error? Request a correction.

Updated from Companies House on 20 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.