FAI AUTOMOTIVE LIMITED
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Next accounts due
2027-03-31 (in 10mo)
Last filed for 2025-06-30
Confirmation statement due
2026-06-20 (in 1mo)
Last made up 2025-06-06
Watchouts
Cash
£0
-100% vs 2024
Net assets
£7K
-100% vs 2024
Employees
2
-98% vs 2024
Profit before tax
£43K
-99.2% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The financial statements have been prepared on a non going concern basis due to the cessation of trade as at 31 May 2024. Upon this date all assets, liabilities and trade within the Company were transferred into Automotive Distribution Centre Limited, a fellow group company. No material adjustments arose as a result of ceasing to apply the going concern basis.
Name history
Renamed 2 times since incorporation — the current trading name was adopted 2025-03-17
- FAI AUTOMOTIVE LIMITED 2025-03-17 → present
- FAI AUTOMOTIVE PLC 1988-04-27 → 2025-03-17
- IAN WALKER (SERVICE)LIMITED 1969-05-08 → 1988-04-27
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-06-30
| Metric | Trend | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Turnover | £34,076,409 | £0 | |
| Operating profit | £5,101,147 | £35,304 | |
| Profit before tax | £5,233,588 | £42,553 | |
| Net profit | £3,978,873 | £36,153 | |
| Cash | £91,300 | £0 | |
| Total assets less current liabilities | £20,899,377 | £7,369 | |
| Net assets | £20,899,377 | £7,369 | |
| Equity | £20,899,377 | £7,369 | |
| Average employees | 99 | 2 | |
| Wages | £3,862,599 | — |
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 | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Operating margin | 15.0% | — | |
| Net margin | 11.7% | — | |
| Return on capital employed | 24.4% | 479.1% | |
| Gearing (liabilities / total assets) | 3.5% | 87.8% | |
| Current ratio | 28.52x | 1.14x | |
| Interest cover | 497.58x | 64.78x |
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
- MHA
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The financial statements have been prepared on a non going concern basis due to the cessation of trade as at 31 May 2024. Upon this date all assets, liabilities and trade within the Company were transferred into Automotive Distribution Centre Limited, a fellow group company. No material adjustments arose as a result of ceasing to apply the going concern basis.”
Significant events
- “The Company ceased to trade at close of business on 31 May 2024 having transferred its assets and trade to Automotive Distribution Centre Limited, a fellow group company.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GUINN, Peter Charles | Director | 2017-09-07 | Dec 1968 | British |
| WELCH, Andrew Barrie | Director | 2021-09-30 | Jun 1965 | British |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GREENE, John Edward | Secretary | — | 2017-09-07 |
| GUINN, Peter Charles | Secretary | 2017-09-07 | 2025-02-20 |
| ALEXANDER, Jonathan Paul | Director | 2010-01-04 | 2023-10-31 |
| COOPER, Ted | Director | 1998-04-06 | 2020-08-31 |
| GREENE, John Edward | Director | — | 2017-09-07 |
| JANSE VANRENSBERG, Ockert | Director | 2021-09-30 | 2024-01-26 |
| NEAVERSON, Kevin Gerald | Director | 2023-12-14 | 2024-10-11 |
| PAYNE, Tracy | Director | 2020-01-01 | 2024-07-31 |
| PERRIE, Malcolm James | Director | 2021-09-30 | 2024-07-31 |
| ROSHER, Malcolm | Director | 1998-04-06 | 2008-02-22 |
| TRUSCOTT, Robert Gordon | Director | 2021-09-30 | 2025-01-17 |
| WALKER, Ian Fettes | Director | — | 2008-07-07 |
| WALKER, Karen Jane | Director | 2020-07-02 | 2021-09-30 |
| WALKER, Mavis Sybil | Director | — | 2011-12-21 |
| WALKER, Sean Scott | Director | — | 2021-09-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Motus Holdings (Uk) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-09-30 | Active |
| Mr Kevin Grant Walker | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2021-09-30 |
| Mr Sean Scott Walker | Individual | Shares 25–50%, Voting 50–75% | 2016-04-06 | Ceased 2020-09-30 |
Filing timeline
Last 20 of 250 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-04-01 RESOLUTIONS Resolution
- 2025-03-17 CC04 Statement of companys objects
- 2025-03-17 CERT10 Certificate re registration public limited company to private
- 2025-03-17 RESOLUTIONS Resolution
- 2025-03-17 RR02 Reregistration public to private company
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-04 | AA | accounts | Accounts with accounts type full | |
| 2025-06-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-08 | SH20 | capital | Legacy | |
| 2025-04-08 | CAP-SS | insolvency | Legacy | |
| 2025-04-01 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-04-01 | CAP-SS | insolvency | Legacy | |
| 2025-04-01 | RESOLUTIONS | resolution | Resolution | |
| 2025-03-31 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-03-17 | CC04 | change-of-constitution | Statement of companys objects | |
| 2025-03-17 | CERT10 | change-of-name | Certificate re registration public limited company to private | |
| 2025-03-17 | MAR | incorporation | Re registration memorandum articles | |
| 2025-03-17 | RESOLUTIONS | resolution | Resolution | |
| 2025-03-17 | RR02 | change-of-name | Reregistration public to private company | |
| 2025-01-17 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-31 | AA | accounts | Accounts with accounts type full | |
| 2024-10-16 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-19 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-26 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 0
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 2025-06-30 vs 2024-06-30
-
Turnover
-100%
£34,076,409 £0
-
Cash
-100%
£91,300 £0
-
Net assets
-100%
£20,899,377 £7,369
-
Employees
-98%
99 2
-
Operating profit
-99.3%
£5,101,147 £35,304
-
Profit before tax
-99.2%
£5,233,588 £42,553
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