How much does Bassetts (Wales) Ltd make?

Bassetts (Wales) Ltd reported revenue of £32.4m and £283k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Bassetts (Wales) Ltd have?

Bassetts (Wales) Ltd reported an average of 43 employees in the year to 31 Dec 2025.

Is Bassetts (Wales) Ltd profitable?

Yes — Bassetts (Wales) Ltd reported a profit of £283k in the year to 31 Dec 2025.

Company No. 03012938 · Incorporated 23 Jan 1995

Bassetts (Wales) Ltd

Registered name: BASSETTS (WALES) LTD

Part of Bassett Property Holdings Ltd group

Bassetts (Wales) Ltd made £32.4m revenue and £283k profit in the year to 31 Dec 2025. read from filing text

Bassetts (Wales) Ltd’s revenue grew 34% to £32.4m in the year to 31 Dec 2025, with £283k profit and 43 employees. The company is classified under “sale of new cars and light motor vehicles” and is based in Swansea; we hold 4 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 SIC 45112Sale of used cars and light motor vehicles

Status: Active
Location: Swansea, Wales
Age: 31 yrs · since 1995
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: “The company is a wholly owned subsidiary of the parent company Bassett Property Holdings Limited, a company”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light

Revenue

£32.4m

Growth ▲33.6%

Profit

£283k

Growth —

Profit margin

0.9%

Gross 9.3%

Employees

Change 0%

Profit / employee

£6.6k

Revenue/employee £753k

Profitable streak

1yr

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£23.3m	£25.1m	£24.2m	£32.4m
Cost of sales	£20.9m	£23m	£22.3m	£29.4m
Gross profit	£2.3m	£2.1m	£1.9m	£3m
Operating profit	£54.9k	£1.6m	−£714k	£284k
Profit before tax	£54.9k	£1.6m	−£715k	£283k
Profit after tax	£54.9k	£1.6m	−£676k	£283k
Profit (best available)	£54.9k	£1.6m	−£676k	£283k
Staff costs	£1.6m	£1.5m	£1.7m	£1.9m
Employees (average)	41	43	43	43
Ratios
Profit margin	0.2%	6.3%	−2.8%	0.9%
Gross margin	10.1%	8.5%	7.8%	9.3%
Revenue per employee	£568k	£584k	£564k	£753k
Profit per employee	£1.3k	£36.9k	−£15.7k	£6.6k
Growth (year on year)
Revenue growth	—	▲7.9%	▼3.5%	▲33.6%
Profit growth	—	▲2793%	▼142.6%	—
Headcount growth	—	▲4.9%	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£7.8k	£1.9k	£9.4k	£93.4k
Net assets	£925k	£2.5m	£1.8m	£2.1m
Fixed assets	£355k	£406k	£550k	£656k
Current assets	£4m	£4m	£5.3m	£4.9m
Debtors	£466k	£541k	£742k	£521k
Deferred income	£128k	£91.8k	£269k	£223k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 0.9%; Profit ÷ revenue.
Gross margin: 9.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £753k; Revenue ÷ average employees.
Profit per employee: £6.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.6%; 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: ▲15%; Now £2.1m
Cash at bank: ▲897%; Now £93.4k
Headcount: 0%; Now 43
Deferred income: ▼17%; Now £223k
Fixed assets: ▲19%; Now £656k

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

Bassett Property Holdings Ltdultimate parent75–100%
Bassetts (Wales) Ltdthis company

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

Sister companies (2)

Bassetts (South Wales) LtdRev. £48.4m · Profit £707k
Arthur Bassett & Co. LimitedRev. £47.4m · Profit −£290k

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 2025 (profit £283k), from the Companies House accounts bulk data published Sep 2026. 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.