CARWOW LTD

1. CARWOW LTD 2015-12-04 → present
2. DIGITAL BLURB LIMITED 2009-12-12 → 2015-12-04

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

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have reviewed the group's budget and forecasts for the 12 months from the date of this report and are confident in its liquid resources and medium term plans in the context of the continued challenging economic environment.”

Group structure

1. CARWOW LTD · parent
   1. Carwow GmbH 100% · Munich
   2. Carwow France SAS 100% · Paris
   3. Carwow Spanish S.L. 100% · Madrid
   4. AutoD2 Limited 100% · England
   5. Carwow Portugal Lda 100% · Braga, Portugal
   6. Carwow Studio Limited 100% · England
   7. Carwow Leasey Limited 100% · England

Significant events

• “On 13 February 2024 we acquired Autovia Ltd, a media business whose brands include Auto Express and Evo for £14.3m.”
• “On 13 February 2024 we signed an extension facility with our existing venture debt provider to extend our venture debt loan repayment date to 1 December 2027.”
• “On 22 July 2024 we successfully completed our Series E fundraise which will support our continued growth and strategic initiatives.”
• “On 1 October 2024 we acquired Gridserve Car Leasing Limited, a leasing brokerage company.”
• “2024 was the year when the highly anticipated Zero Emission Vehicle (ZEV) mandate came into law on January 3.”

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

Filings

13

last 12 months

Capital events

12

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

  +55.4%

  £54,788,310 → £85,116,796

• Cash

  +140.9%

  £14,103,167 → £33,976,937

• Net assets

  +798.1%

  -£4,424,021 → £30,883,369

• Employees

  +50.6%

  338 → 509

• Operating profit

  -27.2%

  -£12,969,328 → -£16,502,696

• Profit before tax

  -21.1%

  -£16,571,532 → -£20,075,115

• Wages

  +52.2%

  £21,693,987 → £33,011,076

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