How much does Grevan Cars Limited make?

Grevan Cars Limited reported revenue of £127m and £143k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Grevan Cars Limited have?

Grevan Cars Limited reported an average of 235 employees in the year to 31 Dec 2024.

Is Grevan Cars Limited profitable?

Yes — Grevan Cars Limited reported a profit of £143k in the year to 31 Dec 2024.

Company No. 01852806 · Incorporated 4 Oct 1984

Grevan Cars Limited

Registered name: GREVAN CARS LIMITED

Part of De Van Automotive Limited group

Grevan Cars Limited made £127m revenue and £143k profit in the year to 31 Dec 2024.

Grevan Cars Limited’s revenue fell 5% to £127m in the year to 31 Dec 2024, with £143k profit and 235 employees. The company is classified under “sale of new cars and light motor vehicles” and is based in Plymouth; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45111Sale of new cars and light motor vehicles

Status: Active
Location: Plymouth, South 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. From the filing: “Mr G De Val”

Latest accounts · year to 31 Dec 2024

Key figures

Revenue

£127m

Growth ▼4.6%

Profit

£143k

Growth ▼77.9%

Profit margin

0.1%

Gross 11.2%

Employees

235

Change ▲7.3%

Profit / employee

£607

Revenue/employee £541k

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 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£133m	£127m
Cost of sales	£117m	£113m
Gross profit	£16.2m	£14.2m
Operating profit	£2.1m	−£302k
Profit before tax	£1.9m	−£463k
Profit after tax	£645k	£143k
Profit (best available)	£645k	£143k
Staff costs	£8.9m	£9.3m
Employees (average)	219	235
Ratios
Profit margin	0.5%	0.1%
Gross margin	12.2%	11.2%
Revenue per employee	£609k	£541k
Profit per employee	£2.9k	£607
Growth (year on year)
Revenue growth	—	▼4.6%
Profit growth	—	▼77.9%
Headcount growth	—	▲7.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£7.1k	£6.7k
Net assets	£10.8m	£10.9m
Fixed assets	£13m	£13.9m
Current assets	£29m	£35.3m
Debtors	£3.7m	£3.5m
Deferred income	£805k	£1.1m
Source	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Jul 2025

Derived from the latest filing

How the business works

Profit margin: 0.1%; Profit ÷ revenue.
Gross margin: 11.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £541k; Revenue ÷ average employees.
Profit per employee: £607; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 10.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.8%; 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: ▲1%; Now £10.9m
Cash at bank: ▼6%; Now £6.7k
Headcount: ▲7%; Now 235
Deferred income: ▲33%; Now £1.1m
Fixed assets: ▲7%; Now £13.9m

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

De Van Automotive Limitedultimate parent75–100%
Grevan Cars 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

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £143k), 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.