KGM UK MOTORS LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-07 (in 1y)
Last made up 2026-04-23
Watchouts
None on the register
Cash
£13M
+87.4% vs 2023
Net assets
£27M
+29.4% vs 2023
Employees
35
+6.1% vs 2023
Profit before tax
£6M
-22.4% vs 2023
Name history
Renamed 2 times since incorporation
- KGM UK MOTORS LTD 2023-12-08 → present
- SSANGYONG MOTOR UK LIMITED 2011-07-13 → 2023-12-08
- KOELLIKER UK LIMITED 2007-09-18 → 2011-07-13
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 | £105,738,000 | £124,522,000 | |
| Operating profit | £8,828,000 | £6,896,000 | |
| Profit before tax | £8,101,000 | £6,285,000 | |
| Net profit | £8,858,000 | £6,090,000 | |
| Cash | £6,677,000 | £12,512,000 | |
| Total assets less current liabilities | £20,701,000 | £28,771,000 | |
| Net assets | £20,701,000 | £26,791,000 | |
| Equity | £20,701,000 | £26,791,000 | |
| Average employees | 33 | 35 | |
| Wages | £2,261,000 | £2,237,000 |
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 | 8.3% | 5.5% | |
| Net margin | 8.4% | 4.9% | |
| Return on capital employed | 42.6% | 24.0% | |
| Current ratio | 2.93x | 2.42x | |
| Interest cover | 12.14x | 7.81x |
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
- MHA
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors believe that the Company is well placed to manage its financial risks successfully and that the Company has adequate resources to continue in operational existence for the foreseeable future.”
Significant events
- “The business was rebranded and relaunched as KGM at the beginning of 2024. January saw the launch of a new KGM website, followed by a program to rebrand all dealer sites to KGM, completed in May 2024. A press launch of the all new Actyon mid-sized SUV in January 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BASSADONE, George Alfred Charles | Director | 2011-07-13 | Oct 1953 | British |
| GRIFFIN, Kevin | Director | 2021-09-10 | Apr 1959 | British |
| SAILLARD, Philippe | Director | 2024-05-28 | Jan 1966 | French |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| WILLIAMS, Sylvia Alexandra | Secretary | 2007-09-18 | 2011-07-13 |
| COLOMBO, Galdino | Director | 2007-09-18 | 2011-07-13 |
| JONES, Kevin | Director | 2011-07-13 | 2026-01-14 |
| LAIRD, Nicholas Grant | Director | 2018-03-27 | 2022-04-30 |
| LEEMANS, Michel | Director | 2007-09-18 | 2011-07-13 |
| WILLIAMS, Paul Thomas | Director | 2007-09-18 | 2017-09-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr George Alfred Charles Bassadone | Individual | Shares 75–100% | 2018-02-06 | Active |
| Bassadone Automotive (Uk) Ltd | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2018-02-02 |
Filing timeline
Last 20 of 97 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-06-02 RESOLUTIONS Resolution
- 2023-12-08 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-28 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-06-27 | AA | accounts | Accounts with accounts type full | |
| 2025-06-02 | RESOLUTIONS | resolution | Resolution | |
| 2025-02-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-10-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-10 | AA | accounts | Accounts with accounts type full | |
| 2024-06-03 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-08 | CERTNM | change-of-name | Certificate change of name company | |
| 2023-11-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-23 | AA | accounts | Accounts with accounts type full | |
| 2023-04-06 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-03-17 | CH01 | officers | Change person director company with change date | |
| 2023-03-17 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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
+17.8%
£105,738,000 £124,522,000
-
Cash
+87.4%
£6,677,000 £12,512,000
-
Net assets
+29.4%
£20,701,000 £26,791,000
-
Employees
+6.1%
33 35
-
Operating profit
-21.9%
£8,828,000 £6,896,000
-
Profit before tax
-22.4%
£8,101,000 £6,285,000
-
Wages
-1.1%
£2,261,000 £2,237,000
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