BMW FINANCIAL SERVICES (GB) LIMITED

1. BMW FINANCIAL SERVICES (GB) LIMITED 1997-04-30 → present
2. BMW FINANCE (GB) LIMITED 1987-06-17 → 1997-04-30
3. BOWMAKER SERVICES LIMITED 1976-11-30 → 1987-06-17

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

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After completing this assessment, the directors have a reasonable expectation that the Company has access to adequate financial and other resources to continue in operational existence for the foreseeable future and at least 12 months from the date of approval of the financial statements. The directors therefore continue to adopt the going concern basis in preparing its financial statements.”

Group structure

1. BMW FINANCIAL SERVICES (GB) LIMITED · parent
   1. Bavarian Sky UK 4 PLC · UK · Securitisation
   2. Bavarian Sky UK 5 PLC · UK · Securitisation
   3. Bavarian Sky UK 6 PLC · UK · Securitisation
   4. Bavarian Sky UK-A Limited · UK · Securitisation
   5. Bavarian Sky UK-B Limited · UK · Securitisation
   6. Bavarian Sky UK-C Limited · UK · Securitisation
   7. Bavarian Sky UK-D Limited · UK · Securitisation

Significant events

• “On 11 January 2024 the FCA announced a review of historic commission claims, using its powers under s166 of the Financial Services and Markets Act 2000 to review historical motor finance commission arrangements and sales across several firms. The FCA also published a policy statement which brought in a pause on relevant discretionary commission complaints, and this pause was subsequently extended until 4 December 2025.”
• “The October 2024 Court of Appeal judgment on motor finance commission disclosures found that dealers owed a disinterested duty and fiduciary duty to customers. In December 2024 the Supreme Court announced that it would hear appeals on all grounds. At present the Company does not consider that an outflow of economic benefit is probable and hence no provision has been recorded on this matter.”
• “The Company (and other Group entities) is facing group proceedings in the English High Court and Scottish Court of Session relating to NOx emissions of certain diesel BMW and MINI vehicles. The proceedings in both jurisdictions remain at an early stage and it remains the case that it is not possible to estimate the probability, timing, or amount of any liability.”

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

Filings

8

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

  +28%

  £873,597,000 → £1,117,892,000

• Cash

  -82%

  £2,087,000 → £375,000

• Net assets

  +3.2%

  £910,241,000 → £939,271,000

• Employees

  +2.2%

  963 → 984

• Operating profit

  -81.4%

  £155,928,000 → £28,978,000

• Profit before tax

  -82.9%

  £229,381,000 → £39,139,000

• Wages

  -10.6%

  £40,937,000 → £36,584,000

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