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Company No. 07443795 · Incorporated 18 Nov 2010

Vehicle Accessories Solutions Limited

Registered name: VEHICLE ACCESSORIES SOLUTIONS LIMITED

Part of Motormax Holdings Limited group

Vehicle Accessories Solutions Limited made £14.5m revenue and £3m profit in the year to 30 Nov 2025.

Vehicle Accessories Solutions Limited’s revenue grew 2% to £14.5m in the year to 30 Nov 2025, with £3m profit and 48 employees. The company is classified under “retail trade of motor vehicle parts and accessories” and is based in Lichfield; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45320Retail trade of motor vehicle parts and accessories
Status
Active
Location
Lichfield, West Midlands
Age
15 yrs · since 2010
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.

Latest accounts · year to 30 Nov 2025

Key figures

Capital-lightCash flow filed
Revenue
£14.5m
Growth ▲1.9%
Profit
£3m
Growth ▼6.4%
Profit margin
20.4%
Gross 51.1%
Employees
48
Change ▲37.1%
Profit / employee
£61.7k
Revenue/employee £302k
Profitable streak
3yrs
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 to30 Nov 202230 Nov 202330 Nov 202430 Nov 2025
DisclosureNo P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)—£11.1m£14.2m£14.5m
Cost of sales—£6.4m£7.5m£7.1m
Gross profit—£4.6m£6.7m£7.4m
Operating profit—£2.9m£4.4m£4m
Profit before tax—£2.9m£4.4m£3.9m
Profit after tax—£2.2m£3.2m£3m
Profit (best available)—£2.2m£3.2m£3m
Staff costs—£1.1m£1.5m£2.2m
Employees (average)21303548
Ratios
Profit margin—20.1%22.3%20.4%
Gross margin—41.8%46.9%51.1%
Revenue per employee—£369k£406k£302k
Profit per employee—£74.2k£90.4k£61.7k
Cash conversion—−101.9%−70%−125.3%
Growth (year on year)
Revenue growth——▲28.5%▲1.9%
Profit growth——▲42.1%▼6.4%
Headcount growth—▲42.9%▲16.7%▲37.1%
Balance sheet — indirect signals, not revenue
Cash at bank£56.7k£1.9m£1.1m£1.1m
Net assets£6.5m£8.3m£8.4m£8m
Fixed assets£90.3k£122k£113k£225k
Current assets£7.7m£10m£10.4m£9.8m
Debtors£4.8m£2.8m£3.2m£3m
Deferred income—£19.9k£89.5k£296k
Cash from operations—−£2.9m−£3.1m−£5m
SourceAbridgedAccounts · bulk data Apr 2024AbridgedAccounts · bulk data Apr 2024FullAccounts · bulk data Apr 2025FullAccounts · bulk data Jul 2026
Derived from the latest filing

How the business works

Profit margin
20.4%
Profit ÷ revenue.
Gross margin
51.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£302k
Revenue ÷ average employees.
Profit per employee
£61.7k
Profit ÷ average employees.
Cash conversion
−125.3%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
1.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
2%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
20.8%
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
▼5%
Now £8m
Cash at bank
▲1%
Now £1.1m
Headcount
▲37%
Now 48
Deferred income
▲230%
Now £296k
Fixed assets
▲98%
Now £225k

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. Motormax Holdings Limitedultimate parent50–75%
  2. MM Top Ltd75–100%
  3. MM Mid Ltd75–100%
  4. MM Bid Ltd75–100%
  5. Vehicle Accessories Solutions Holdings Limited75–100%
  6. Vehicle Accessories Solutions 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

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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 30 Nov 2025 (profit £3m), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.

Updated from Companies House on 15 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.