PREMIER MOTORS (SOLENT) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-23 (in 1mo)
Last made up 2025-06-09
Watchouts
None on the register
Cash
£589
+0.3% vs 2023
Net assets
£1M
+0.2% vs 2023
Employees
55
+1.9% vs 2023
Profit before tax
-£32K
-160.4% vs 2023
Name history
Renamed 1 time since incorporation
- PREMIER MOTORS (SOLENT) LIMITED 1979-12-31 → present
- FRANK CHEVERTON LIMITED 1933-04-01 → 1979-12-31
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 | £14,179,333 | £14,120,434 | |
| Operating profit | £54,326 | -£30,775 | |
| Profit before tax | £53,066 | -£32,053 | |
| Net profit | £41,273 | £3,432 | |
| Cash | £587 | £589 | |
| Total assets less current liabilities | £1,479,810 | £1,464,671 | |
| Net assets | £1,453,804 | £1,457,236 | |
| Equity | £1,453,804 | £1,457,236 | |
| Average employees | 54 | 55 | |
| Wages | £1,746,205 | £1,654,743 |
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 | 0.4% | -0.2% | |
| Net margin | 0.3% | 0.0% | |
| Return on capital employed | 3.7% | -2.1% | |
| Gearing (liabilities / total assets) | 66.4% | 67.9% | |
| Current ratio | 1.39x | 1.38x | |
| Interest cover | 43.12x | -24.08x |
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 102
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- WR Partners
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future.”
Significant events
- “Looking ahead to 2025 we are hopeful that we will be able to add further marques to the current brands we represent and expect a further growth in sales.”
- “The company is registered with HM Revenue and Customs as a member of a group for VAT purposes and as a result is jointly and severally liable on a continuing basis for amounts owing by other members of that group in respect of unpaid VAT.”
- “The Company has use of a Group overdraft facility of £8m with Barclays bank. The Company is part of a cross company guarantee for the Group Revolving Credit Facility. The facility is secured through fixed and floating charges held over properties held by the Group.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PEPPERRELL, Paul | Secretary | 2005-09-01 | — | British |
| MORRIS, David | Director | 2025-05-01 | May 1971 | British |
| PASSANT, Ashley James | Director | 2023-06-16 | May 1991 | British |
| PASSANT, Derek Robert | Director | 2019-11-01 | Jan 1960 | British |
| PAWSON, Michael Andrew | Director | 2019-11-01 | Apr 1961 | British |
| SWINNERTON, Kevin Anthony | Director | 2023-06-16 | Dec 1966 | British |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BLAND, Barry | Secretary | 2003-01-07 | 2005-09-01 |
| MASKELL, Robin William Linsley | Secretary | — | 1997-06-04 |
| PEPPERRELL, Paul | Secretary | 1997-06-04 | 2003-01-07 |
| ADAMS, Michael Charles | Director | 2002-12-10 | 2019-11-01 |
| BRADING, Mark Andrew | Director | 2002-12-10 | 2007-09-03 |
| FINNON, Kerry Paul | Director | 2019-11-01 | 2021-05-10 |
| HARRIS, Raymond Charles | Director | — | 2002-12-10 |
| JUMP, Peter John | Director | — | 1999-10-13 |
| MASKELL, Robin William Linsley | Director | — | 2002-12-10 |
| MULLARKEY, Terence Sydney | Director | — | 2002-12-10 |
| RYE, David John | Director | 2002-12-10 | 2025-03-31 |
| SAYFRITZ, Keith James | Director | 2019-11-01 | 2024-01-12 |
| TURNER, John Barrie | Director | — | 2002-12-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Greenhous Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-11-01 | Active |
| Mr David John Rye | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2019-11-01 |
| Adams Morey Holdings Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2019-11-01 |
Filing timeline
Last 20 of 172 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-11-02 RESOLUTIONS Resolution
- 2024-10-21 MA Memorandum articles
- 2021-06-20 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-06-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-19 | AA | accounts | Accounts with accounts type full | |
| 2025-05-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-02 | RESOLUTIONS | resolution | Resolution | |
| 2024-10-21 | MA | incorporation | Memorandum articles | |
| 2024-10-14 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-06-21 | CH01 | officers | Change person director company with change date | |
| 2024-06-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-29 | AA | accounts | Accounts with accounts type full | |
| 2024-01-14 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-08 | AA | accounts | Accounts with accounts type full | |
| 2023-06-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-16 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-16 | AP01 | officers | Appoint person director company with name date | |
| 2022-08-10 | AA | accounts | Accounts with accounts type full | |
| 2022-06-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-20 | AA | accounts | Accounts with accounts type full | |
| 2021-07-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-20 | MA | incorporation | Memorandum articles |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 0
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
-0.4%
£14,179,333 £14,120,434
-
Cash
+0.3%
£587 £589
-
Net assets
+0.2%
£1,453,804 £1,457,236
-
Employees
+1.9%
54 55
-
Operating profit
-156.6%
£54,326 -£30,775
-
Profit before tax
-160.4%
£53,066 -£32,053
-
Wages
-5.2%
£1,746,205 £1,654,743
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