Motor Parts Direct Limited
Registered name: MOTOR PARTS DIRECT LIMITED
Part of Motus Holdings (UK) Limited groupMotor Parts Direct Limited made £231m revenue and £24.1m profit in the year to 30 Jun 2024. read from filing text
Motor Parts Direct Limited’s revenue fell 23% to £231m in the year to 30 Jun 2024, with £24.1m profit and 1,910 employees. The company is classified under “maintenance and repair of motor vehicles” and is based in Braintree; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Braintree, East of England
- Age
- 28 yrs · since 1998
- 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”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 30 Jun 2023 | 30 Jun 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £158m | £299m | £231m |
| Cost of sales | £83.3m | £164m | £124m |
| Gross profit | £74.5m | £136m | £107m |
| Operating profit | £23.2m | £26.6m | £31.7m |
| Profit before tax | £24m | £27.1m | £32.2m |
| Profit after tax | £19.5m | £22.1m | £24.1m |
| Profit (best available) | £19.5m | £22.1m | £24.1m |
| Staff costs | £35.5m | £70.5m | £50.4m |
| Employees (average) | 1,574 | 1,830 | 1,910 |
| Ratios | |||
| Profit margin | 12.3% | 7.4% | 10.4% |
| Gross margin | 47.2% | 45.3% | 46.3% |
| Revenue per employee | £100k | £164k | £121k |
| Profit per employee | £12.4k | £12.1k | £12.6k |
| Cash conversion | −57.2% | −202.4% | −93.8% |
| Growth (year on year) | |||
| Revenue growth | — | — | ▼22.7% |
| Profit growth | — | — | ▲9.2% |
| Headcount growth | — | — | ▲4.4% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £22.8k | £11.2m | £16.7m |
| Net assets | £49.1m | £46.3m | £59.7m |
| Fixed assets | £13.6m | £9.2m | £10.8m |
| Current assets | £71.6m | £93.6m | £95m |
| Debtors | £14.5m | £22.8m | £22.5m |
| Deferred income | £2.4m | £15.3m | £12.4m |
| Cash from operations | −£13.3m | −£53.9m | −£29.7m |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Jan 2025 |
How the business works
- Profit margin
- 10.4%
- Profit ÷ revenue.
- Gross margin
- 46.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £121k
- Revenue ÷ average employees.
- Profit per employee
- £12.6k
- Profit ÷ average employees.
- Cash conversion
- −93.8%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 5.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9.7%
- 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
- ▲29%
- Now £59.7m
- Cash at bank
- ▲49%
- Now £16.7m
- Headcount
- ▲4%
- Now 1,910
- Deferred income
- ▼19%
- Now £12.4m
- Fixed assets
- ▲18%
- Now £10.8m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Motus Holdings (UK) Limitedultimate parent50–75%
- Motor Parts Direct (Holdings) Limited75–100%
- Motor Parts Direct Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Automotive Distribution Centre LimitedFigures not disclosed
- C P Diesel LimitedRev. — · Profit −£9.7k
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 30 Jun 2024 (profit £24.1m), from the Companies House accounts bulk data published Jan 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.