FORAY MOTOR GROUP LIMITED

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. FORAY MOTOR GROUP LIMITED 2000-05-15 → present
2. EDWARDS BROTHERS (SALISBURY) LIMITED 1958-12-31 → 2000-05-15

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

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors consider that the company will have adequate resources to continue in operational existence for the foreseeable future and, accordingly, have adopted the going concern basis in preparing the accounts.”

Significant events

• “The reduced new passenger car range, without Fiesta and the migration to BEV's, limited the new passenger car volume.”
• “The fleet volume of new commercial vehicles reduced, as fleets incorporated commercial BEV's into their inventory.”
• “The used vehicle market was more challenging in 2024.”
• “Stopped retailing used vehicles from Bridgwater location to focus on core used vehicle retail locations, with Bridgwater consolidating as a service location.”
• “Katie Massarella was appointed as Finance Director and Anthony Smith as ARC Director.”
• “The group accelerated the payment of their NatWest mortgage during the year and successfully settled it in November 2024, thus paying off the £4.5m mortgage drawn down for the purchase of the freehold of English Ford, 1 Yarrow Road, in less than 2 years.”
• “The freehold property was revalued at the end of the year, resulting in an increase on £0.5m added to the balance sheet.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

2

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

  -8.5%

  £174,252,219 → £159,457,412

• Cash

  -100%

  £1,954,201 → £128

• Net assets

  +11.1%

  £9,706,341 → £10,781,391

• Employees

  -1.2%

  404 → 399

• Operating profit

  -13.1%

  £2,121,042 → £1,842,885

• Profit before tax

  -23.1%

  £1,304,034 → £1,002,647

• Wages

  +0.5%

  £12,599,588 → £12,659,546

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