Rix Motor Company Limited
Registered name: RIX MOTOR COMPANY LIMITED
Part of Rix Motor Company Holdings Limited groupRix 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.
- 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.
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) | £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) | 48 | 48 | 43 |
| Ratios | |||
| Profit margin | 3.5% | 1.4% | 1.4% |
| Gross margin | 15% | 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 | — |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | Accounts · bulk data Aug 2025 |
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.
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 —
Group structure
Ownership chain
- Rix Motor Company Holdings Limitedultimate parent75–100%
- 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).
Similar profitable businesses
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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.