MANHEIM LIMITED

1. MANHEIM LIMITED 2016-09-26 → present
2. MANHEIM AUCTIONS LIMITED 2001-07-31 → 2016-09-26
3. CENTRAL MOTOR AUCTIONS PLC 1988-04-06 → 2001-07-31
4. CENTRAL AUCTION MART LIMITED 1987-01-02 → 1988-04-06
5. CENTRAL MOTOR AUCTIONS LIMITED 1986-12-05 → 1987-01-02
6. CENTRAL AUCTION MART LIMITED 1948-01-29 → 1986-12-05

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

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company is a subsidiary in the Manheim Global Management UK Limited Group ('MGMUK'). The Company is in a net current liabilities position of £74.8m and not forecast to generate sufficient cash to cover its liabilities. It obtained a letter of support from MGMUK confirming necessary funds for at least 12 months from the signing date (31 July 2025).”

Significant events

• “During the year, intercompany loan debtors from fellow subsidiaries Money4YourMotors Limited and WeWantAnyCar Limited, were fully impaired resulting in a £13.0m charge, based on assessment of recoverability of the intercompany loans at the year end.”
• “During the year, costs of £4.3m (2023: £3.0m) related to software developments were capitalised as intangible assets, representing further investment into the business.”

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

Filings

2

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

  -10%

  £137,227,000 → £123,504,000

• Cash

  -89%

  £8,893,000 → £982,000

• Net assets

  -83.2%

  £26,443,000 → £4,454,000

  lowest in 3 filed years

• Employees

  +6.8%

  865 → 924

• Operating profit

  +11.3%

  -£25,805,000 → -£22,879,000

• Profit before tax

  +10.7%

  -£24,243,000 → -£21,659,000

  highest in 3 filed years

• Wages

  +6.2%

  £43,834,000 → £46,542,000

  highest in 3 filed years

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