SHERWOODS MOTOR GROUP LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-03 (in 6mo)
Last made up 2025-10-20
Watchouts
None on the register
Cash
£2M
+40.4% highest in 3 filed years
Net assets
£7M
+5.3% highest in 3 filed years
Employees
158
+3.3% vs 2023
Profit before tax
£2M
+84.5% highest in 3 filed years
Name history
Renamed 2 times since incorporation
- SHERWOODS MOTOR GROUP LIMITED 2018-12-10 → present
- SHERWOODS (DARLINGTON) LIMITED 1994-02-01 → 2018-12-10
- EQUALMUSIC TRADING LIMITED 1993-11-29 → 1994-02-01
Net assets
4-year trend · vs Consumer Discretionary median
Accounts
4-year trend · latest reflected 2024-12-31
| Metric | Trend | 2022-12-30 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £96,400,704 | £106,701,872 | |
| Operating profit | — | — | £1,495,648 | £2,159,930 | |
| Profit before tax | £804,092 | — | £1,008,383 | £1,860,695 | |
| Net profit | £633,789 | — | £753,474 | £1,373,589 | |
| Cash | £1,347,577 | — | £1,521,278 | £2,135,155 | |
| Total assets less current liabilities | £6,364,364 | — | £7,407,900 | £7,677,491 | |
| Net assets | £6,279,715 | — | £7,033,189 | £7,406,778 | |
| Equity | £6,279,715 | — | £7,033,189 | £7,406,778 | |
| Average employees | 162 | — | 153 | 158 | |
| Wages | £4,856,492 | — | £4,966,770 | £5,580,669 |
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 | 2022-12-30 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | 1.6% | 2.0% | |
| Net margin | — | — | 0.8% | 1.3% | |
| Return on capital employed | — | — | 20.2% | 28.1% | |
| Gearing (liabilities / total assets) | — | — | 75.5% | 75.2% | |
| Current ratio | — | — | 1.28x | 1.29x | |
| Interest cover | — | — | 3.05x | 6.70x |
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 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
- “We were pleased to bring new brands to our existing sites in 2024 with the addition of -: Fiat and Abarth at Gateshead and Sunderland; Leap Motors at Sunderland”
- “We also will be looking for further opportunities to grow our business should the opportunity arise in 2025 and we would by this time next year like to be able to report a new site to the group.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ELVIDGE, Christopher David | Director | 2018-03-01 | Sep 1962 | British |
| MACCONACHIE, Simon Robert Allan | Director | 2017-03-22 | Feb 1978 | British |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ELGEY, Catherine Jean | Secretary | 1994-01-11 | 1994-01-11 |
| SMITH, Kevin John | Secretary | 2018-05-23 | 2020-07-31 |
| MOTORS SECRETARIES LIMITED | Corporate Secretary | 1994-01-12 | 2018-05-23 |
| MOTORS SECRETARIES LIMITED | Corporate Secretary | 1993-12-17 | 1994-01-11 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1993-11-29 | 1993-12-17 |
| LORD, Frank Douglas | Director | 2014-02-04 | 2017-02-21 |
| MACCONACHIE, Alasdair | Director | 1994-01-11 | 2024-12-25 |
| PRICE, Ron | Director | 2019-08-07 | 2021-11-30 |
| SMITH, Kevin John | Director | 2018-04-11 | 2020-07-31 |
| SOUTHERN, Philip | Director | 2017-03-22 | 2018-01-09 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 1993-11-29 | 1993-12-17 |
| MOTORS DIRECTORS LIMITED | Corporate Director | 1993-12-17 | 2018-05-23 |
| MOTORS DIRECTORS LIMITED | Corporate Director | 1993-12-17 | 1994-01-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Sherwoods Holdings Limited | Corporate entity | Shares 75–100% | 2019-02-11 | Active |
| Mr Alasdair Macconachie | Individual | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2019-02-11 |
| General Motors Uk Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2018-05-23 |
Filing timeline
Last 20 of 200 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-20 | AA | accounts | Accounts with accounts type full | |
| 2025-01-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-16 | AA | accounts | Accounts with accounts type full | |
| 2023-12-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-06 | AA | accounts | Accounts with accounts type full | |
| 2022-10-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-15 | AA | accounts | Accounts with accounts type full | |
| 2022-03-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-12-13 | TM01 | officers | Termination director company with name termination date | |
| 2021-11-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-24 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-06-24 | AA | accounts | Accounts with accounts type full | |
| 2021-06-22 | CH01 | officers | Change person director company with change date | |
| 2020-10-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-10-27 | AD02 | address | Change sail address company with old address new address | |
| 2020-10-08 | AA | accounts | Accounts with accounts type full | |
| 2020-09-11 | CH01 | officers | Change person director company with change date | |
| 2020-08-13 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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
+10.7%
£96,400,704 £106,701,872
-
Cash
+40.4%
£1,521,278 £2,135,155
highest in 3 filed years
-
Net assets
+5.3%
£7,033,189 £7,406,778
highest in 3 filed years
-
Employees
+3.3%
153 158
-
Operating profit
+44.4%
£1,495,648 £2,159,930
-
Profit before tax
+84.5%
£1,008,383 £1,860,695
highest in 3 filed years
-
Wages
+12.4%
£4,966,770 £5,580,669
highest in 3 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