PC MOTOR GROUP (HOLDINGS) LIMITED

• ⚠

  Material uncertainty over going concern

  We draw attention to Note 1.4 to the financial statements which explains that there is minimal headroom in the December 2025 covenant testing and any plausible reduction in forecast profitability, would result in a potential covenant breach which could trigger a demand for repayment from the bank. As stated in Note 1.4, this event or condition, along with other matters as set forth in Note 1.4, indicate a material uncertainty exists that may cast significant doubt on the group and parent company's ability to continue as a going concern.

1. PC MOTOR GROUP (HOLDINGS) LIMITED 2015-03-23 → present
2. PETER COOPER MG (HOLDINGS) LIMITED 2015-02-06 → 2015-03-23

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

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to Note 1.4 to the financial statements which explains that there is minimal headroom in the December 2025 covenant testing and any plausible reduction in forecast profitability, would result in a potential covenant breach which could trigger a demand for repayment from the bank. As stated in Note 1.4, this event or condition, along with other matters as set forth in Note 1.4, indicate a material uncertainty exists that may cast significant doubt on the group and parent company's ability to continue as a going concern.”

Group structure

1. PC MOTOR GROUP (HOLDINGS) LIMITED · parent
   1. Peter Cooper Motor Group Limited 100% · Motor dealership
   2. Peter Cooper (Fareham) Limited 100% · Dormant
   3. Viking Garages Limited 100% · Non-trading

Significant events

• “The group continues to look for growth opportunities and this was showcased by the purchase of Viking Garages Limited during 2023.”
• “This was further increased during 2024 with the introduction of both Omoda and Jaecoo franchises to the group.”

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

Filings

4

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

  +7.2%

  £147,666,485 → £158,312,772

• Cash

  -62.2%

  £29,939 → £11,302

• Net assets

  -26.8%

  £4,651,681 → £3,404,827

• Employees

  +5%

  279 → 293

• Operating profit

  -54.9%

  £1,493,052 → £672,703

• Profit before tax

  -333.3%

  £310,968 → -£725,461

• Wages

  +5.1%

  £10,126,219 → £10,641,338

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