ST.LEONARDS MOTORS 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

Consolidated group

Auditor

Cooper Parry Group Limited

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 group's and parent 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. ST.LEONARDS MOTORS LIMITED · parent
   1. Simpsons Uckfield Limited 100% · Dormant
   2. Quest Motor Group Limited 100% · Motor dealership
   3. Style Motors Limited 100% · Motor dealership

Significant events

• “After a period of significant expansion with the acquisition of both Style Motors Ltd (Trading as SMC) and Quest Motor Group Ltd in late 2023, 2024 was a year of consolidation, integrating the people, systems and processes.”
• “The group continued to invest in its dealerships, with a number of manufacturer projects carried out within the year and planned for early 2025 completion, including SLM Toyota in Norwich and Hastings, SMC Renault & Dacia in Aldershot, and Cupra & Seat business at Wych Hill Woking.”
• “As a result of continued and unsustainable losses at one of our locations in Tunbridge Wells, notice was issued to the relevant manufacturers of our intention to vacate the site in order to eliminate further losses. The lease assignment for the property was completed in October 2024.”
• “During 2024, we undertook a significant restructuring programme of our newly acquired Quest Motors Group business, designed to reduce costs and strengthen the long-term operational framework. This included material headcount reductions, the centralisation of key functions, and the implementation of our group dealer management system.”
• “In Q2 2024 we implemented our group Dealer Management System into Style Motors Ltd (trading as SMC), to introduce further efficiencies, visibility and control, enabling centralised accounting functions.”

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

  +39.6%

  £133,452,133 → £186,351,624

  highest in 3 filed years

• Cash

  -14.3%

  £1,811,259 → £1,552,618

• Net assets

  -59.6%

  £2,134,447 → £861,342

  lowest in 3 filed years

• Employees

  +0.5%

  401 → 403

• Operating profit

  -321%

  £168,216 → -£371,715

• Profit before tax

  -154.1%

  -£525,496 → -£1,335,232

• Wages

  +40.3%

  £9,516,756 → £13,352,498

  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