VOLVO CAR UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-01-19 (in 8mo)
Last made up 2026-01-05
Watchouts
None on the register
Cash
£3M
+399.7% vs 2023
Net assets
£34M
+74.2% vs 2023
Employees
421
+16.6% vs 2023
Profit before tax
£22M
+221.6% vs 2023
Name history
Renamed 2 times since incorporation
- VOLVO CAR UK LIMITED 1992-05-07 → present
- SWECAR ENGINEERING LIMITED 1988-09-22 → 1992-05-07
- SWEDEN FIFTY THREE LIMITED 1988-07-27 → 1988-09-22
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £1,723,668,000 | £2,346,790,000 | |
| Operating profit | £16,078,000 | £34,063,000 | |
| Profit before tax | £6,776,000 | £21,794,000 | |
| Net profit | £4,975,000 | £14,029,000 | |
| Cash | £577,000 | £2,883,000 | |
| Total assets less current liabilities | £175,567,000 | £121,478,000 | |
| Net assets | £19,707,000 | £34,333,000 | |
| Equity | £19,707,000 | £34,333,000 | |
| Average employees | 361 | 421 | |
| Wages | £15,718,000 | £16,816,000 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 0.9% | 1.5% | |
| Net margin | 0.3% | 0.6% | |
| Return on capital employed | 9.2% | 28.0% | |
| Gearing (liabilities / total assets) | 98.0% | 96.3% | |
| Current ratio | 1.04x | 1.03x | |
| Interest cover | 1.24x | 2.39x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Volvo Car UK participates in Volvo's centralised management of cash and financing for global operations. The directors have conducted thorough analyses of various financial indicators and market conditions, reinforcing their confidence in the company's sustained profitability and cash generation. The directors believe that the company has adequate resources to continue operating for at least 12 months after the signing of the financial statements and have prepared the financial statements on a going concern basis.”
Group structure
- VOLVO CAR UK LIMITED · parent
- Care By Volvo Car UK Limited 100%
Significant events
- “The company has ended its partnership with UK Automotive Solutions (UKAS) for operational lease products (Contract Hire), closing current offers but maintaining the existing customer portfolio. A new lease offering has been launched in partnership with Volvo Car Financial Services UK Ltd (VCFS UK), and on 25 April 2025, the company acquired UKAS and its active customer portfolio, with plans to transfer these assets to a third party.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 52 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| EVANS, Michael David | Secretary | 2018-06-21 | — | — |
| EVANS, Michael David | Director | 2025-07-01 | May 1983 | British |
| MELILLO SHAW, Nicole Louise | Director | 2023-11-01 | Nov 1978 | British |
| OLSSON, Johan Edvin | Director | 2020-10-01 | Feb 1983 | Swedish |
Show 52 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAGNER, Hans | Secretary | — | 1992-04-26 |
| CLARKE, Adam Robert | Secretary | 2005-09-15 | 2015-02-17 |
| COLLIANDER, Rickard | Secretary | 2015-02-17 | 2018-06-21 |
| CONNOR, Nicholas Caton | Secretary | 1995-12-11 | 2005-09-15 |
| EDWARDS, Michael Charles Stewart | Secretary | 2003-07-28 | 2008-06-02 |
| HUNTER-PEASE, Charles Edward | Secretary | 1995-09-01 | 1995-09-29 |
| MALMROS, Claes John Ryott | Secretary | 1992-08-12 | 1995-09-01 |
| MARECKI, Michael Francis | Secretary | 2003-07-28 | 2005-06-30 |
| OSBALDISTON, John Anthony | Secretary | 1992-04-26 | 1992-08-12 |
| OSGOOD, Jonathan Edward | Secretary | 2005-07-13 | 2008-06-02 |
| PEARSON, Susan Lesley | Secretary | 2003-07-28 | 2008-06-02 |
| REYNOLDS, John Douglas | Secretary | 1995-09-29 | 1995-12-11 |
| VACY ASH, Charles Gilbert | Secretary | 2003-07-28 | 2006-02-08 |
| ANSGAR, Per Anders | Director | 2013-08-14 | 2019-06-01 |
| BENGTSSON, Bjorn Ake | Director | 1996-03-26 | 1998-11-13 |
| BRIHEIM, Jan | Director | 2002-06-01 | 2009-10-22 |
| CARLSON, Per Henrik Staffan, Senior Vice President | Director | 1995-05-11 | 1996-05-22 |
| CONNOR, Nicholas Caton | Director | 2011-06-29 | 2016-06-30 |
| EDLUND, Alf Soren | Director | 2015-06-04 | 2020-10-01 |
| EINARSSON, Lena | Director | — | 1994-03-22 |
| EKLUND, Seth-Erik Sven | Director | 2008-03-14 | 2008-11-27 |
| ELVEFORS, Nils Kristian | Director | 2019-06-01 | 2023-11-01 |
| ERIKSSON, Erik Sven-Ake | Director | — | 1992-03-16 |
| GERMUNDSSON, Curt | Director | 1994-04-27 | 2005-06-30 |
| GUSTAVSSON, Bo Vilhelm | Director | 1998-11-13 | 2000-04-30 |
| HAMPSON, Beverley Ann | Director | 2008-11-27 | 2011-04-21 |
| HAMPSON, Beverley | Director | 2005-11-22 | 2007-12-31 |
| HUBER, Wolff | Director | 1998-11-13 | 2002-06-01 |
| HUNTER-PEASE, Charles Edward | Director | 1992-03-26 | 1997-07-01 |
| JOHANSSON, Ralph Sture Lennart | Director | 1992-03-26 | 1993-06-01 |
| JONSSON, Stig | Director | — | 1992-03-26 |
| KEANEY, Gerard Christopher | Director | 2004-06-17 | 2011-05-03 |
| KEANEY, Gerard Christopher | Director | 1997-06-05 | 2002-08-31 |
| KERR, Stuart Donald | Director | 2006-10-01 | 2011-09-26 |
| LAXY, Rudolf Dieter | Director | 2002-06-01 | 2004-06-17 |
| MACKENZIE, Ian David | Director | 2009-10-01 | 2010-09-29 |
| MAES, Wim Germana Karel | Director | 2012-03-07 | 2013-06-06 |
| MALMROS, Claes John Ryott | Director | 1992-03-26 | 1992-08-12 |
| MOHLIN, Per-Erik | Director | 1993-06-01 | 1995-10-01 |
| MUNN, Claudia Jane | Director | 2011-11-28 | 2015-06-04 |
| OLSSON, Hans Olov | Director | 1996-04-19 | 1998-11-13 |
| OSCARSSON, Hans Erik | Director | 2013-06-11 | 2019-06-01 |
| PAYZE, Philip Charles | Director | 1992-03-26 | 1994-04-27 |
| PERSSON, Jan-Christer Bernhard | Director | — | 1994-03-22 |
| RASK, Peter Flemming | Director | 2009-01-05 | 2011-06-28 |
| REBELING, Orjan | Director | 1992-03-26 | 1994-09-30 |
| REID, Hugh Lynch | Director | 2002-09-01 | 2006-09-30 |
| SPECK, Douglas Carl | Director | 2011-06-28 | 2013-06-06 |
| SVENSK, Thomas Bengt | Director | 1995-05-11 | 1995-11-01 |
| SVENSSON, Mats Rune | Director | 2019-06-01 | 2025-10-31 |
| VAN FRAEYENHOVEN, Luc Maria Gilbert Louis | Director | 2011-09-26 | 2012-01-10 |
| WAKEFIELD, Jonathan Michael | Director | 2016-06-30 | 2019-06-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr. Li Shufu | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 226 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-23 | CH01 | officers | Change person director company with change date | |
| 2025-07-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-09 | AA | accounts | Accounts with accounts type full | |
| 2025-01-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-29 | AA | accounts | Accounts with accounts type full | |
| 2024-01-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-08 | CH01 | officers | Change person director company with change date | |
| 2023-11-08 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-08 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-02 | AA | accounts | Accounts with accounts type full | |
| 2023-01-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-21 | AA | accounts | Accounts with accounts type full | |
| 2022-01-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-04 | AA | accounts | Accounts with accounts type full | |
| 2021-01-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-10-13 | AA | accounts | Accounts with accounts type full | |
| 2020-10-01 | TM01 | officers | Termination director company with name termination date | |
| 2020-10-01 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+36.2%
£1,723,668,000 £2,346,790,000
-
Cash
+399.7%
£577,000 £2,883,000
-
Net assets
+74.2%
£19,707,000 £34,333,000
-
Employees
+16.6%
361 421
-
Operating profit
+111.9%
£16,078,000 £34,063,000
-
Profit before tax
+221.6%
£6,776,000 £21,794,000
-
Wages
+7%
£15,718,000 £16,816,000
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