BRITISH CAR AUCTIONS LIMITED

1. BRITISH CAR AUCTIONS LIMITED 1997-01-01 → present
2. ADT AUCTIONS LIMITED 1989-03-06 → 1997-01-01
3. BRITISH CAR AUCTIONS LIMITED 1947-07-14 → 1989-03-06

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 101 (Reduced Disclosure Framework)

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company meets its day to day working capital requirements through its cash reserves, overdraft facility and Group cash pooling arrangements. The Company's forecasts and projections, taking account of reasonably possible changes in trading performance, show that the Company should be able to operate within the level of its current cash reserves and Group cash pooling arrangements. After making enquiries, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The Company therefore continues to adopt the going concern basis in preparing its financial statements.”

Significant events

• “On 3 April 2025 the Group completed the refinancing of its existing loan facilities. As a result security given by the company was released and it is no longer a party to the contingent liabilities disclosed in this note but entered into an agreement under the new finance facilities and has granted as security a fixed and floating charge over all its present and future assets. Following the refinancing the loans over which security has been granted totalled £1,542m, including a £238m Revolving Credit Facility.”

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

Filings

4

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

  +14%

  £456,997,000 → £521,202,000

• Cash

  -37%

  £21,178,000 → £13,334,000

• Net assets

  -47.3%

  £140,822,000 → £74,254,000

• Employees

  +5.2%

  2,269 → 2,386

• Operating profit

  +22.4%

  £71,586,000 → £87,588,000

• Profit before tax

  +28.2%

  £70,634,000 → £90,570,000

• Wages

  +14.7%

  £81,864,000 → £93,931,000

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