THE FLEET AUCTION GROUP LIMITED

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

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors consider that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly the Directors have continued to prepare the financial statements on the going concern basis.”

Group structure

1. THE FLEET AUCTION GROUP LIMITED · parent
   1. Pro Truck Auctions Limited 100% · Sale of used cars and other motor vehicles
   2. The Fleet Car Auction Limited 100% · Dormant
   3. The Fleet Truck Auction Limited 100% · Dormant

Significant events

• “In March 2024 we entered into a new headlease for Wymeswold airfield, where we already occupy circa 40 acres of de-fleet and storage facility. We are now able to present a broader service offering and this will enable us to deliver further growth across all sectors of the business moving forward.”
• “Following the year end, the Company acquired a 10% equity interest in IT Fleet Automotive Limited. The directors consider this investment to be strategically important for the Company's future growth and diversification.”
• “Following the year end, the Company acquired additional land and property adjacent to one of its existing locations, which will be used to support the Company's planned operational expansion and is expected to enhance long-term operational capacity.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +1.2%

  £17,506,682 → £17,708,858

• Cash

  -59.5%

  £3,479,367 → £1,408,777

• Net assets

  +2.6%

  £15,713,890 → £16,126,631

• Employees

  +15.6%

  64 → 74

• Operating profit

  +19.2%

  £3,334,241 → £3,975,224

• Profit before tax

  -52.4%

  £8,362,279 → £3,983,035

• Wages

  -4.9%

  £3,228,542 → £3,069,274

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