Richmond Cars (Guildford) Limited
Registered name: RICHMOND CARS (GUILDFORD) LIMITED
Richmond Cars (Guildford) Limited made £63.3m revenue and £71.4k profit in the year to 31 Dec 2024. read from filing text
Richmond Cars (Guildford) Limited’s revenue fell 2% to £63.3m in the year to 31 Dec 2024, with £71.4k profit and 53 employees. The company is classified under “sale of other motor vehicles” and is based in Southampton; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Southampton, South East
- Age
- 13 yrs · since 2013
- 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 controlling party is Mr M R Nobes, a director and sole shareholder.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| 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) | £64.4m | £64.6m | £63.3m |
| Cost of sales | £61.6m | £61.4m | £60.8m |
| Gross profit | £2.9m | £3.2m | £2.5m |
| Operating profit | £1.1m | £1.2m | £557k |
| Profit before tax | £950k | £789k | £96.3k |
| Profit after tax | £769k | £552k | £71.4k |
| Profit (best available) | £769k | £552k | £71.4k |
| Staff costs | £2m | £2.1m | £2.2m |
| Employees (average) | 47 | 53 | 53 |
| Ratios | |||
| Profit margin | 1.2% | 0.9% | 0.1% |
| Gross margin | 4.4% | 4.9% | 4% |
| Revenue per employee | £1.4m | £1.2m | £1.2m |
| Profit per employee | £16.4k | £10.4k | £1.3k |
| Cash conversion | −79.1% | 0.7% | −51.4% |
| Growth (year on year) | |||
| Revenue growth | — | ▲0.3% | ▼2% |
| Profit growth | — | ▼28.2% | ▼87.1% |
| Headcount growth | — | ▲12.8% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £817k | £192k | £1.1k |
| Net assets | £3.7m | £4.3m | £3.7m |
| Fixed assets | £6.7m | £6.5m | £5.5m |
| Current assets | £12.6m | £11.2m | £12.7m |
| Debtors | £2.5m | £1.4m | £1m |
| Deferred income | £200k | £200k | £200k |
| Cash from operations | −£897k | £8.2k | −£286k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 0.1%
- Profit ÷ revenue.
- Gross margin
- 4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.2m
- Revenue ÷ average employees.
- Profit per employee
- £1.3k
- Profit ÷ average employees.
- Cash conversion
- −51.4%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 8.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.6%
- 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
- ▼14%
- Now £3.7m
- Cash at bank
- ▼99%
- Now £1.1k
- Headcount
- 0%
- Now 53
- Deferred income
- 0%
- Now £200k
- Fixed assets
- ▼15%
- Now £5.5m
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £71.4k), 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.