SYTNER GROUP LIMITED

1. SYTNER GROUP LIMITED 2003-01-29 → present
2. SYTNER GROUP PLC 1993-12-24 → 2003-01-29

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

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Despite the Group having net current liabilities at the balance sheet date of £264m (2023: £125m) the Directors have a reasonable expectation that the Company will be continue to operate in the foreseeable future, being a period of at least 12 months from the date of the signing and approving of these financial statements. The Company utilises short term bank borrowings to fund fixed asset acquisitions and the Directors are satisfied that this is the most appropriate way to fund long term assets. Given that there are no material uncertainties the Directors continue to adopt the going concern assumption in the preparation of the financial statements.”

Group structure

1. SYTNER GROUP LIMITED · parent
   1. Agnew Autoexchange Limited 100% · Northern Ireland · Dormant
   2. Agnew Commercials Limited 100% · Northern Ireland · Mercedes-Benz dealerships
   3. Agnew Leasing Limited 100% · Northern Ireland · Corporate vehicle sales
   4. Sytner Cars Limited 100% · England · Porsche dealerships
   5. Rybrook Investments Ltd 100% · England · Intermediate Holding Company

Significant events

• “In January 2024 the Company made one of its largest acquisitions with the purchase of Rybrook Investments Limited, which consisted of 16 franchise dealerships including 4 BMW, 4 MINI, 4 Volvo, 2 Land Rover, 1 Jaguar and 1 Porsche.”
• “The Group made the difficult decision to close four of its retail locations at the end of the year which resulted in non-recurring closure costs of £17m, including £8m impairment of assets.”
• “In April 2025 the Group disposed of one used car supermarket Sytner Select location in Manchester, the Company made no gain or loss on the disposal of the assets.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  -1.9%

  £7,435,958,000 → £7,295,409,000

• Cash

  -30.5%

  £255,800,000 → £177,717,000

• Net assets

  -6%

  £554,549,000 → £521,316,000

• Employees

  +2.5%

  10,633 → 10,902

• Operating profit

  -34.4%

  £173,818,000 → £113,978,000

• Profit before tax

  -54.5%

  £125,990,000 → £57,331,000

• Wages

  +5%

  £444,043,000 → £466,430,000

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