How much does Richmond Cars (Fareham) Ltd make?

Richmond Cars (Fareham) Ltd reported revenue of £44.4m and a loss of £7.7k in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Richmond Cars (Fareham) Ltd have?

Richmond Cars (Fareham) Ltd reported an average of 49 employees in the year to 31 Dec 2024.

Is Richmond Cars (Fareham) Ltd profitable?

No — Richmond Cars (Fareham) Ltd reported a loss of £7.7k in the year to 31 Dec 2024.

Company No. 04358129 · Incorporated 22 Jan 2002

Richmond Cars (Fareham) Ltd

Registered name: RICHMOND CARS (FAREHAM) LTD

Part of Richmond Cars Limited group

Richmond Cars (Fareham) Ltd made £44.4m revenue and a £7.7k loss in the year to 31 Dec 2024. read from filing text

Richmond Cars (Fareham) Ltd’s revenue grew 5% to £44.4m in the year to 31 Dec 2024, with a loss of £7.7k and 49 employees. The company is classified under “sale of new cars and light motor vehicles” and is based in Southampton; we hold 3 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 SIC 45200Maintenance and repair of motor vehicles SIC 45320Retail trade of motor vehicle parts and accessories

Status: Active
Location: Southampton, South East
Age: 24 yrs · since 2002
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 ultimate parent company and controlling party is Richmond Cars Limited, a company registered in England and Wales. The parent company is controlled by M R Nobes, a director, by virtue of his major”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-light

Revenue

£44.4m

Growth ▲5.4%

Profit

−£7.7k

Growth ▼102%

Profit margin

Gross 8.1%

Employees

Change ▲4.3%

Profit / employee

−£157

Revenue/employee £906k

Profitable streak

0yrs

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 to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£34.2m	£42.1m	£44.4m
Cost of sales	£30.3m	£38.1m	£40.8m
Gross profit	£3.9m	£4m	£3.6m
Operating profit	£618k	£723k	£32.6k
Profit before tax	£522k	£533k	−£185k
Profit after tax	£412k	£384k	−£7.7k
Profit (best available)	£412k	£384k	−£7.7k
Staff costs	£1.7m	£1.7m	£1.8m
Employees (average)	55	47	49
Ratios
Profit margin	1.2%	0.9%	0%
Gross margin	11.5%	9.6%	8.1%
Revenue per employee	£622k	£897k	£906k
Profit per employee	£7.5k	£8.2k	−£157
Growth (year on year)
Revenue growth	—	▲23.1%	▲5.4%
Profit growth	—	▼6.7%	▼102%
Headcount growth	—	▼14.5%	▲4.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£572k	£1.4k	£869
Net assets	£3.4m	£3.8m	£3.2m
Fixed assets	£4.9m	£4.9m	£4.3m
Current assets	£5.2m	£6m	£8.2m
Debtors	£318k	£595k	£759k
Deferred income	£334k	£94.6k	£197k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 0%; Profit ÷ revenue.
Gross margin: 8.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £906k; Revenue ÷ average employees.
Profit per employee: −£157; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 9.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.7%; 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: ▼15%; Now £3.2m
Cash at bank: ▼39%; Now £869
Headcount: ▲4%; Now 49
Deferred income: ▲108%; Now £197k
Fixed assets: ▼12%; Now £4.3m

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

Richmond Cars Limitedultimate parent75–100%
Richmond Cars (Fareham) Ltdthis company

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

Sister companies (2)

Richmond Cars (Botley) LtdRev. £47.5m · Profit £423k
Newmans (Southampton) LimitedRev. £13.2m · Profit −£22.8k

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£7.7k), from the Companies House accounts bulk data published Sep 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.