NORTON WAY MOTORS LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-10-24 (in 5mo)
Last made up 2025-10-10
Watchouts
Cash
—
Latest balance sheet
Net assets
£4M
-49.9% vs 2024
Employees
428
-9.7% vs 2024
Profit before tax
-£6M
-170.2% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £409,579,000 | £353,284,000 | |
| Operating profit | -£114,000 | -£3,955,000 | |
| Profit before tax | -£2,093,000 | -£5,655,000 | |
| Net profit | -£1,639,000 | -£4,264,000 | |
| Cash | £1,000 | — | |
| Total assets less current liabilities | £9,274,000 | £4,924,000 | |
| Net assets | £8,549,000 | £4,285,000 | |
| Equity | £8,549,000 | £4,285,000 | |
| Average employees | 474 | 428 | |
| Wages | £17,401,000 | £15,881,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | -0.0% | -1.1% | |
| Net margin | -0.4% | -1.2% | |
| Return on capital employed | -1.2% | -80.3% | |
| Current ratio | 1.06x | 1.02x | |
| Interest cover | -0.06x | -2.59x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company's business activities, financial position and exposures to risks are described in the Strategic Report. Directors received a commitment from Ultimate Parent undertaking, Marubeni Corporation, to provide financial support via 'Group Cash Pooling Facility' up to 31 March 2027. Statements prepared on going concern basis.”
Significant events
- “MG Chiswick Franchise closed June 2025. Post year-end, company disposed of three dealership businesses (Letchworth Honda, Mazda, Nissan) on 1 January 2026, retaining liabilities. Estimated loss on disposal £4,136,000. Following disposals, Company operates three remaining dealerships. Events are non-adjusting.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 40 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BANGHAM, Arran | Secretary | 2008-04-04 | — | British |
| BANGHAM, Arran | Director | 2025-05-02 | Mar 1968 | British |
| KAKIMI, Takeshi | Director | 2023-04-01 | May 1980 | Japanese |
| NAGAMI, Yukinobu | Director | 2026-04-01 | Jul 1973 | Japanese |
| SUETSUGU, Tetsuya | Director | 2026-04-01 | Feb 1987 | Japanese |
Show 40 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| NEGUS, Michele | Secretary | 2004-01-01 | 2008-04-04 |
| WOODLEY, Michael | Secretary | — | 2003-12-31 |
| AKANO, Tsugutoshi | Director | 2017-04-01 | 2021-04-01 |
| AKANO, Tsugutoshi | Director | 2013-10-01 | 2015-03-31 |
| ANDO, Fumihito | Director | 2021-04-01 | 2026-04-01 |
| BANGHAM, Arran | Director | 2008-04-04 | 2020-04-01 |
| CRANSWICK, Jason David | Director | 2022-10-17 | 2025-05-02 |
| FUKAMACHI, Hideyuki | Director | 2014-04-01 | 2016-11-03 |
| GRAINGER, David | Director | 1989-08-09 | 2023-02-01 |
| HAYASHI, Takayuki | Director | 2008-05-14 | 2011-07-31 |
| HIRANO, Tomohiko | Director | 2021-04-01 | 2023-04-01 |
| HOSHIKA, Kenichiro | Director | 2025-04-01 | 2026-04-01 |
| HOSHIKA, Kenichiro | Director | 2021-04-01 | 2024-04-01 |
| ISHII, Naonori | Director | 2016-04-01 | 2019-04-01 |
| ITO, Osamu | Director | 2009-04-09 | 2013-04-01 |
| KAMIZONO, Shuichi | Director | 2018-11-01 | 2020-04-01 |
| KAWASHIMA, Takaki | Director | 2024-04-01 | 2025-04-01 |
| KINOSHITA, Keishi | Director | 2019-04-01 | 2021-04-01 |
| KISO, Takashi | Director | 2010-04-01 | 2012-03-31 |
| KISO, Takashi | Director | 2008-04-04 | 2009-04-09 |
| KONDO, Kazuhiro | Director | 2018-04-01 | 2021-04-01 |
| LITTNER, Claude Manuel | Director | 2001-09-03 | 2008-03-26 |
| MASUYAMA, Toru | Director | 2019-04-01 | 2024-04-01 |
| MUTO, Shigeru | Director | 2008-05-14 | 2009-04-09 |
| NEGUS, Michele | Director | 2008-04-04 | 2018-01-30 |
| ONISHI, Kazunori | Director | 2013-04-01 | 2014-03-31 |
| SATO, Shigeru | Director | 2013-04-01 | 2014-12-31 |
| SEKINE, Yutaka | Director | 2008-05-14 | 2010-04-01 |
| SHIMADA, Hitoshi | Director | 2013-04-01 | 2015-03-31 |
| SINEY, Richard | Director | 2008-04-04 | 2019-03-20 |
| TAKABAYASHI, Takahiko | Director | 2014-04-01 | 2016-04-01 |
| TAKECHI, Satoshi | Director | 2015-05-07 | 2016-04-01 |
| TANAKA, Takanori | Director | 2017-04-01 | 2018-11-01 |
| WAKABAYASHI, Kenichi | Director | 2024-04-01 | 2025-04-01 |
| WOODLEY, Michael | Director | — | 2003-12-31 |
| YABE, Nobuhiro | Director | 2020-04-01 | 2021-04-01 |
| YAMAMOTO, Noboru | Director | 2016-04-01 | 2017-04-01 |
| YAMASAKI, Kentaro | Director | 2015-05-07 | 2017-04-01 |
| YOSHIMOTO, Yuki | Director | 2015-01-01 | 2018-04-01 |
| YOSHIMOTO, Yuki | Director | 2008-05-14 | 2009-04-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Marubeni Auto Investment (Uk) Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 257 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-13 | AA | accounts | Accounts with accounts type full | |
| 2026-04-10 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-08 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-08 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-08 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-10-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-08 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-11 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-11 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-11 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-18 | AA | accounts | Accounts with accounts type full | |
| 2024-07-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-05 | CH01 | officers | Change person director company with change date | |
| 2024-04-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-03 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 3
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-13.7%
£409,579,000 £353,284,000
-
Cash
—
Not reported
-
Net assets
-49.9%
£8,549,000 £4,285,000
-
Employees
-9.7%
474 428
-
Operating profit
-3,369.3%
-£114,000 -£3,955,000
-
Profit before tax
-170.2%
-£2,093,000 -£5,655,000
-
Wages
-8.7%
£17,401,000 £15,881,000
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