Volvo Car Financial Services UK Limited
Registered name: VOLVO CAR FINANCIAL SERVICES UK LIMITED
Part of Banco Santander, S.A groupVolvo Car Financial Services UK Limited made £199m revenue and £31.3m profit in the year to 31 Dec 2025.
Volvo Car Financial Services UK Limited’s revenue grew 17% to £199m in the year to 31 Dec 2025, with £31.3m profit and 43 employees. The company is classified under “financial leasing” and is based in Maidenhead; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Maidenhead
- Age
- 6 yrs · since 2020
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Profit & loss | Profit & loss | Profit & loss |
| Profit & loss | |||
| Revenue (turnover) | £98.6m | £170m | £199m |
| Cost of sales | −£62.7m | −£114m | — |
| Gross profit | £35.9m | £56.3m | £69.2m |
| Operating profit | £30.7m | £43.1m | — |
| Profit before tax | £30.7m | £43.1m | £41.8m |
| Profit after tax | £23.7m | £32.3m | £31.3m |
| Profit (best available) | £23.7m | £32.3m | £31.3m |
| Employees (average) | 39 | 44 | 43 |
| Ratios | |||
| Profit margin | 24% | 19% | 15.7% |
| Gross margin | 36.4% | 33.1% | 34.7% |
| Revenue per employee | £2.5m | £3.9m | £4.6m |
| Profit per employee | £607k | £734k | £727k |
| Growth (year on year) | |||
| Revenue growth | — | ▲72.7% | ▲17.2% |
| Profit growth | — | ▲36.4% | ▼3.2% |
| Headcount growth | — | ▲12.8% | ▼2.3% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jul 2025 | Accounts · bulk data Jul 2025 | Accounts · bulk data Oct 2026 |
How the business works
- Profit margin
- 15.7%
- Profit ÷ revenue.
- Gross margin
- 34.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £4.6m
- Revenue ÷ average employees.
- Profit per employee
- £727k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼2%
- Now 43
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Banco Santander, S.A (registered outside the UK register)ultimate parent75–100%
- Santander UK Group Holdings PLC75–100%
- Santander UK PLC75–100%
- Santander Consumer (UK) PLC50–75%
- Volvo Car Financial Services UK Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Hyundai Capital UK LimitedFigures not disclosed
Minority corporate shareholders
- Volvo Car Corporation (registered outside the UK register) 25–50%
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £31.3m), from the Companies House accounts bulk data published Oct 2026. Spotted an error? Request a correction.
Updated from Companies House on 24 Oct 2026