MANTLES GROUP LIMITED

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Streets Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. MANTLES GROUP LIMITED · parent
   1. Royston Used Cars Limited 100% · UK

Significant events

• “Mantles welcomed BYD as a new car franchise on 1 November 2024 and we are excited to help grow the BYD brand.”
• “At the same time the Kia dealership was moved to Old North Road and a new Corporate Identity revamp was carried out which was supported by Kia.”
• “Mantles purchased Old North Road at the back end of 2023 and used this to sell multi franchised used cars which had an instant success in the increase of used units from 785 to 2170.”
• “In October 2024 this site was then refurbished into a Kia franchise and the current Kia building was vacated and allowed us to bring BYD on board from 1 November.”
• “We have been awarded the Kia dealership of the year in 2024 as well as the No.1 in the country for customer excellence and Kia sales. We've also won various awards including EV dealer of the year, franchised dealer of the year, used car performance of the year and retailer of the year.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +86.3%

  £30,903,899 → £57,584,798

• Cash

  -13.4%

  £702,599 → £608,458

  lowest in 4 filed years

• Net assets

  -0.7%

  £2,664,042 → £2,644,243

• Employees

  +13.5%

  74 → 84

  highest in 4 filed years

• Operating profit

  +18.3%

  £660,105 → £780,762

• Profit before tax

  -3.8%

  £589,198 → £566,651

• Wages

  +63.1%

  £1,960,991 → £3,198,568

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers