PORSCHE RETAIL GROUP LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-27 (in 6mo)
Last made up 2025-11-13
Watchouts
None on the register
Cash
£32K
-68.6% vs 2023
Net assets
£92M
+4.7% vs 2023
Employees
352
+4.1% vs 2023
Profit before tax
£6M
-73.4% vs 2023
Name history
Renamed 1 time since incorporation
- PORSCHE RETAIL GROUP LIMITED 2002-11-21 → present
- A.F.N. LIMITED 1927-03-11 → 2002-11-21
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £518,424,000 | £444,343,000 | |
| Operating profit | £20,594,000 | £4,716,000 | |
| Profit before tax | £22,034,000 | £5,870,000 | |
| Net profit | £16,547,000 | £4,170,000 | |
| Cash | £102,000 | £32,000 | |
| Total assets less current liabilities | £97,534,000 | £117,690,000 | |
| Net assets | £88,265,000 | £92,434,000 | |
| Equity | £88,265,000 | £92,434,000 | |
| Average employees | 338 | 352 | |
| Wages | £13,663,000 | £13,857,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 4.0% | 1.1% | |
| Net margin | 3.2% | 0.9% | |
| Return on capital employed | 21.1% | 4.0% | |
| Gearing (liabilities / total assets) | 47.0% | 44.7% | |
| Current ratio | 2.15x | 2.69x | |
| Interest cover | 55.06x | 11.10x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have assessed PRG's going concern using all available information to them and believe the business will be able to continue trading up until the end of December 2026 and is able to meet its future obligations.”
Group structure
- PORSCHE RETAIL GROUP LIMITED · parent
- AFN Limited 100%
Significant events
- “Employee numbers increased in the year due to the opening of the new Destination Porsche Guildford centre, and some additional new roles in our central Head Office function.”
- “The re-development of Porsche Centre Guildford was finalised in December 2024 and finally opened its doors to customers after an intensive 2.5 year build.”
- “PRG have expanded the space at Kew Service Factory in 2025, increasing the capacity to meet the increasing service and warranty requirements of the business.”
- “Project Blue was also completed in May 2025 with the acquisition of Porsche Centre East London and Porsche Centre South London.”
- “On the 31st May 2025 Porsche Retail Group acquired Porsche Centre East London and Porsche Centre South London from Lithia motor group.”
- “The re-development of Porsche Centre Hatfield is expected to commence in Q1 of 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 30 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MOLONEY, Bernard John | Secretary | 2010-08-02 | — | — |
| BODHANI, Krishan | Director | 2023-02-21 | May 1979 | British |
Show 30 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CURPHEY, Nicky | Secretary | 2007-03-01 | 2008-11-18 |
| MILES, Simon David | Secretary | — | 1996-02-09 |
| MUELLER, Armin Karl Martin | Secretary | 1996-03-01 | 1996-05-31 |
| RAGGETT, David | Secretary | 2000-02-28 | 2007-03-01 |
| RAGGETT, David | Secretary | 1996-06-01 | 1996-08-19 |
| SOUTHERN, Julie Helen | Secretary | 1996-08-19 | 2000-02-28 |
| ANDREWS, Rhona Ellen | Director | 2022-11-02 | 2023-08-03 |
| ANGELKOETTER, Frank | Director | 2017-07-10 | 2023-08-03 |
| BISHOP, Mark Machen | Director | — | 1998-10-31 |
| BUECHELER, Peter | Director | 2001-10-05 | 2008-08-27 |
| CRAFT, Christopher Noel | Director | 2012-03-31 | 2018-01-01 |
| ECKERMANN, Marcus Peter | Director | 2018-11-05 | 2021-09-01 |
| FLINT, Adam John | Director | 2020-02-10 | 2026-05-06 |
| FLYNN, Kevin John | Director | 1999-03-08 | 2001-04-11 |
| GASKELL, Kevin Derek | Director | — | 1996-10-31 |
| GERRMANN, Holger | Director | 2008-08-27 | 2017-07-10 |
| GOSS, Andrew Paul | Director | 1999-09-13 | 2011-03-30 |
| HALLMARK, Adrian Michael | Director | 1996-10-31 | 1999-04-21 |
| LAXY, Dieter | Director | — | 1993-08-31 |
| MANNELL, Jonathan Charles | Director | 2022-11-02 | 2023-08-03 |
| MILES, Simon David | Director | — | 1996-02-09 |
| PIOVESAN, Bradley Marc | Director | 2023-02-21 | 2026-01-30 |
| POLLICH, Alexander Hans-Josef | Director | 2018-01-01 | 2018-07-14 |
| RIEDEL, Hans | Director | 1994-02-10 | 2001-10-05 |
| SIMPSON, Sarah Louise | Director | 2021-09-01 | 2022-10-15 |
| SMITH, Adrian | Director | 2018-10-03 | 2020-02-10 |
| SOHNS, Karsten | Director | 2000-03-01 | 2008-08-27 |
| SOUTHERN, Julie Helen | Director | 1996-08-19 | 2000-02-28 |
| TURRAL, Geoffrey Redmayne | Director | 2011-05-13 | 2012-03-31 |
| WIEDEKING, Wendelin, Doctor | Director | 1993-11-01 | 1994-02-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Porsche Cars Great Britain Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 197 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-12 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-27 | AA | accounts | Accounts with accounts type full | |
| 2025-11-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-17 | AD02 | address | Change sail address company with old address new address | |
| 2024-12-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-05 | AA | accounts | Accounts with accounts type full | |
| 2023-12-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-14 | AA | accounts | Accounts with accounts type full | |
| 2023-11-21 | AD02 | address | Change sail address company with old address new address | |
| 2023-08-03 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-03 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-03 | TM01 | officers | Termination director company with name termination date | |
| 2023-02-23 | AP01 | officers | Appoint person director company with name date | |
| 2023-02-23 | AP01 | officers | Appoint person director company with name date | |
| 2022-12-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-03 | AP01 | officers | Appoint person director company with name date | |
| 2022-11-03 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-27 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-07 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-14.3%
£518,424,000 £444,343,000
-
Cash
-68.6%
£102,000 £32,000
-
Net assets
+4.7%
£88,265,000 £92,434,000
-
Employees
+4.1%
338 352
-
Operating profit
-77.1%
£20,594,000 £4,716,000
-
Profit before tax
-73.4%
£22,034,000 £5,870,000
-
Wages
+1.4%
£13,663,000 £13,857,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers