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Company No. 05011771 · Incorporated 9 Jan 2004

Newmans (Southampton) Limited

Registered name: NEWMANS (SOUTHAMPTON) LIMITED

Part of Richmond Cars Limited group

Newmans (Southampton) Limited made £13.2m revenue and a £22.8k loss in the year to 31 Dec 2024. read from filing text

Newmans (Southampton) Limited’s revenue fell 5% to £13.2m in the year to 31 Dec 2024, with a loss of £22.8k and 15 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
Status
Active
Location
Southampton, South East
Age
22 yrs · since 2004
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 Michael Nobes, a director, by virtue of his m”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-light
Revenue
£13.2m
Growth ▼5.3%
Profit
−£22.8k
Growth ▼108.5%
Profit margin
−0.2%
Gross 9.4%
Employees
15
Change ▼6.3%
Profit / employee
−£1.5k
Revenue/employee £878k
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 to31 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£13.5m£13.9m£13.2m
Cost of sales£12.1m£12.3m£11.9m
Gross profit£1.4m£1.6m£1.2m
Operating profit£231k£413k£47.1k
Profit before tax£197k£354k−£16.5k
Profit after tax£156k£269k−£22.8k
Profit (best available)£156k£269k−£22.8k
Staff costs£721k£735k£659k
Employees (average)181615
Ratios
Profit margin1.2%1.9%−0.2%
Gross margin10%11.4%9.4%
Revenue per employee£750k£870k£878k
Profit per employee£8.7k£16.8k−£1.5k
Growth (year on year)
Revenue growth—▲3.1%▼5.3%
Profit growth—▲71.9%▼108.5%
Headcount growth—▼11.1%▼6.3%
Balance sheet — indirect signals, not revenue
Cash at bank£331k£236k£2.1k
Net assets£1.6m£1.9m£1.9m
Fixed assets£56.8k£77.1k£104k
Current assets£3.5m£3.7m£3.9m
Debtors£128k£34.6k£150k
Deferred income£186k£73.2k£49.6k
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025
Derived from the latest filing

How the business works

Profit margin
−0.2%
Profit ÷ revenue.
Gross margin
9.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£878k
Revenue ÷ average employees.
Profit per employee
−£1.5k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.8%
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
1.1%
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 £1.9m
Cash at bank
▼99%
Now £2.1k
Headcount
▼6%
Now 15
Deferred income
▼32%
Now £49.6k
Fixed assets
▲35%
Now £104k

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

  1. Richmond Cars Limitedultimate parent75–100%
  2. Newmans (Southampton) Limitedthis company

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

Sister companies (2)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£22.8k), 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.