SWANSWAY GARAGES LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-05 (in 11mo)
Last made up 2026-03-22
Watchouts
None on the register
Cash
£54M
+14.8% vs 2023
Net assets
£64M
+3.2% vs 2023
Employees
1,078
+2.6% vs 2023
Profit before tax
£7M
-45.1% vs 2023
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 | £939,156,000 | £984,090,000 | |
| Operating profit | £17,400,000 | £12,161,000 | |
| Profit before tax | £12,455,000 | £6,833,000 | |
| Net profit | £9,653,000 | £5,234,000 | |
| Cash | £46,859,000 | £53,777,000 | |
| Total assets less current liabilities | £70,682,000 | £71,969,000 | |
| Net assets | £62,385,000 | £64,369,000 | |
| Equity | £62,385,000 | £64,369,000 | |
| Average employees | 1,051 | 1,078 | |
| Wages | £46,997,000 | £48,252,000 |
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 | 1.9% | 1.2% | |
| Net margin | 1.0% | 0.5% | |
| Return on capital employed | 24.6% | 16.9% | |
| Current ratio | 1.07x | 1.09x | |
| Interest cover | 3.42x | 2.13x |
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 balance sheet date, the Company had net assets of £64.4m (2023: £62.4m). The Directors believe that the Company has adequate resources, including cash balances of £53.8m (2023: £46.9m) and both confirmed banking facilities and a strong trading performance to ensure that the Company will continue to operate for the foreseeable future.”
Group structure
- SWANSWAY GARAGES LIMITED · parent
- Parts Depots Crewe LLP 0.85%
- Stable Vehicle Contracts LLP 0.81%
- Thompson Motor Company (Preston) Limited 1%
Significant events
- “New Franchises were added to the Company during the year. In May, BYD Dealerships were opened in both Crewe and Chester giving both Retail and Fleet opportunities during the period. This partnership continued to develop immediately post year end with the Company opening BYD at Stoke on Trent on a newly acquired site.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MARSLAND, Richard | Secretary | 2017-09-30 | — | — |
| MARSLAND, Richard Allan | Director | 2017-09-30 | Jan 1962 | British |
| SMYTH, David | Director | 2003-09-12 | Jun 1962 | British |
| SMYTH, John | Director | 2003-05-15 | Jan 1967 | British |
| SMYTH, Michael | Director | 2002-08-08 | Jan 1939 | British |
| SMYTH, Peter | Director | 2003-05-15 | Nov 1964 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HOLGATE, John | Secretary | 2005-12-31 | 2017-09-30 |
| PAWSON, Michael Andrew | Secretary | 2003-05-15 | 2005-12-31 |
| SMYTH, Michael | Secretary | 2002-08-08 | 2003-05-15 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 2002-08-08 | 2002-08-08 |
| HOLGATE, John | Director | 2005-12-31 | 2017-09-30 |
| MARSLAND, Richard | Director | 2017-09-30 | 2017-09-30 |
| PAWSON, Michael Andrew | Director | 2003-05-15 | 2005-12-31 |
| SMYTH, Margaret | Director | 2002-08-08 | 2004-03-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Swansway Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-07-01 | Active |
Filing timeline
Last 20 of 147 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-15 | CH01 | officers | Change person director company with change date | |
| 2025-05-30 | AA | accounts | Accounts with accounts type full | |
| 2025-03-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-05-19 | AA | accounts | Accounts with accounts type full | |
| 2024-03-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-23 | AA | accounts | Accounts with accounts type full | |
| 2023-03-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-09 | CH01 | officers | Change person director company with change date | |
| 2022-09-20 | CH01 | officers | Change person director company with change date | |
| 2022-05-27 | AA | accounts | Accounts with accounts type full | |
| 2022-05-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-19 | CH01 | officers | Change person director company with change date | |
| 2022-01-05 | CH01 | officers | Change person director company with change date | |
| 2022-01-05 | CH01 | officers | Change person director company with change date | |
| 2021-12-30 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-11-17 | CH01 | officers | Change person director company with change date | |
| 2021-07-04 | AA | accounts | Accounts with accounts type full | |
| 2021-05-13 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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
+4.8%
£939,156,000 £984,090,000
-
Cash
+14.8%
£46,859,000 £53,777,000
-
Net assets
+3.2%
£62,385,000 £64,369,000
-
Employees
+2.6%
1,051 1,078
-
Operating profit
-30.1%
£17,400,000 £12,161,000
-
Profit before tax
-45.1%
£12,455,000 £6,833,000
-
Wages
+2.7%
£46,997,000 £48,252,000
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