KWIK-FIT (GB) LIMITED

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. KWIK-FIT (GB) LIMITED 1990-05-02 → present
2. KWIK-FIT-EURO LIMITED 1981-12-31 → 1990-05-02
3. EURO EXHAUST CENTRE HOLDINGS LIMITED 1971-04-27 → 1981-12-31

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

IFRS

Reporting scope

Consolidated group

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have adopted the Going Concern basis in preparing these financial statements. 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 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. KWIK-FIT (GB) LIMITED · parent
   1. TPAS (UK) Limited 100% · UK · Operation of automotive repair centres
   2. Central Tyre (Commercial) Limited 100% · UK · Operation of automotive repair centres
   3. Anglo-Dutch Property (UK) Holding Limited 100% · UK · Holding and managing properties
   4. Kwik-Fit Properties Limited 100% · UK · Holding and managing properties
   5. Fettle Bike Repair Limited 100% · UK · Operation of bicycle repair centres
   6. Hawkeye Properties 501 Limited 100% · UK · Holding and managing properties

Significant events

• “On 25 June 2025, Kwik-Fit Holdings Limited sold its entire shareholding in Kwik-Fit (GB) Limited to its immediate parent company, European Tyre Enterprise Limited, at net book value. This event formed part of a wider group restructuring initiative aimed at streamlining the Group’s corporate structure and aligning operational entities under a common parent. It has been treated as non-adjusting post-balance sheet event for the year ended 31 March 2025.”
• “During the year ended 31 March 2025, Kwik-Fit (GB) Limited and its subsidiaries disclosed a VAT error to HMRC. An error arose from not recognising input VAT on purchases made by virtual credit cards. Management engaged with HMRC via an Error Correction Notice (ECN) to rectify this. Following HMRC's review, Kwik-Fit (GB) Limited and its subsidiaries will receive £0.7m in VAT. This was treated as an adjusting post-balance sheet event, increasing the Group's total net assets by £0.7m.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +3.6%

  £725,820,000 → £751,736,000

• Cash

  -31.4%

  £11,601,000 → £7,962,000

• Net assets

  +34.5%

  £110,454,000 → £148,614,000

• Employees

  +2.5%

  5,284 → 5,416

• Operating profit

  +29.3%

  £42,314,000 → £54,703,000

• Profit before tax

  +36.1%

  £35,208,000 → £47,929,000

• Wages

  +11.5%

  £165,127,000 → £184,068,000

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