FISH BROTHERS (HOLDINGS) LIMITED

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. FISH BROTHERS (HOLDINGS) LIMITED 1994-04-01 → present
2. FARINGDON GARAGES LIMITED 1982-03-19 → 1994-04-01

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

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have a reasonable expectation that the company has adequate resources, liquidity and bank facilities to continue in operational existence for the foreseeable future. Current activity continues to be strong with the 2025 budget and 2026 forecast demonstrating continued growth. Performance is continually reviewed and monitored by the directors to ensure that any fluctuations in sales or costs can be accommodated within the existing structure. They are thus continuing to prepare these financial statements on the basis of the company being a going concern.”

Group structure

1. FISH BROTHERS (HOLDINGS) LIMITED · parent
   1. Fish Brothers (Swindon) Limited 100% · England and Wales

Significant events

• “Any general economic downturn and changing interest rates may have a marked impact on the automotive industry from consumer demand and production perspectives.”
• “The Financial Conduct Authority (the "FCA") is currently investigating the historic use of discretionary commission arrangements ("DCAs") amid concerns this practice may have been unfair to customers, these commission arrangements ceased across the industry in January 2021. Subsequent to this, the Court of Appeal has ruled on a broader issue concerning the disclosure of finance commissions, this ruling is currently being appealed at the Supreme Court, with a decision due in July 2025. With the FCA due to respond within 6 weeks of this. The Company considers this to be a contingent liability, however due to uncertainties surrounding the outcome of the review and if applicable, the nature, scope and timing of any potential compensation, it is currently not feasible to estimate the potential financial impact on the Company.”
• “In March 2025 the company opened a new franchise Omoda/Jaecoo, initial trading has been very promising.”
• “In November 2023, the FCA highlighted concerns regarding the proportion of premiums paid by customers being disbursed in claims in respect of guaranteed asset protection (GAP) insurance. The Group ceased the sale of GAP insurance to customers on 31 January 2024.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  -2.2%

  £248,492,000 → £243,102,000

• Cash

  -36.2%

  £6,335,000 → £4,040,000

• Net assets

  -17.1%

  £31,634,000 → £26,236,000

• Employees

  -0.3%

  311 → 310

• Operating profit

  +7%

  £3,662,000 → £3,920,000

• Profit before tax

  +5.5%

  £3,355,000 → £3,538,000

• Wages

  +3.8%

  £9,791,000 → £10,166,000

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