WESSEX GARAGES HOLDINGS LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

Standalone (parent only)

Auditor

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “Investment was made during the period in significant corporate identity upgrades at the Newport and Penarth Road operations.”
• “A major land purchase was made in the Cribbs Causeway area of Bristol to develop a new flagship Kia Dealership replacing the existing site in Feeder Road.”
• “At the end of the year, substantial new leased premises were also acquired in Cardiff to re-house the existing Hyundai operation.”
• “The Cardiff Kia showroom refurbishment was completed in FQ2 2024/25.”
• “A new leasehold motor dealership property was acquired in Cardiff and refurbished to secure the Hyundai brand representation.”
• “Our commitment to relocating the Bristol Kia Dealership to Cribbs Causeway is ongoing and following the purchase of land, building will commence to complete in Q3 2026 in line with our existing lease expiry dates. This move will consolidate 3 expensive leases into a freehold asset in a more viable location.”

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

3

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  +4.2%

  £259,950,467 → £270,890,114

  highest in 5 filed years

• Cash

  -97.9%

  £1,376,726 → £28,345

• Net assets

  -8.4%

  £18,902,444 → £17,309,074

• Employees

  +1.6%

  318 → 323

  highest in 5 filed years

• Operating profit

  +16.5%

  -£838,322 → -£700,257

• Profit before tax

  +0.6%

  -£1,470,819 → -£1,462,703

• Wages

  +3%

  £11,267,086 → £11,608,674

  highest in 5 filed years

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