UK Companies House feature
MOTORWAY ONLINE LTD
Cash
£29M
-49.4% vs 2023
Net assets
—
Equity attributable
Employees
—
Average over period
Profit before tax
—
Period ending 2024-12-31
Profile
- Company number
- 10285711
- Status
- Active
- Incorporation
- 2016-07-19
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 62090
Net assets
7-year trend · vs UK AI & Enterprise SaaS median
Accounts
7-year trend · latest 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | £19,874,000 | — | — | — | — | |
| Operating profit | — | — | -£12,547,000 | — | — | — | — | |
| Profit before tax | — | — | -£12,862,000 | — | — | — | — | |
| Net profit | — | — | -£12,293,000 | — | — | — | — | |
| Cash | £6,505,616 | £2,366,000 | £120,560,000 | — | — | £57,404,000 | £29,045,000 | |
| Total assets less current liabilities | — | — | — | — | — | — | — | |
| Net assets | £8,005,786 | — | — | — | — | — | — | |
| Equity | £8,005,786 | — | £123,849,000 | — | -£65,794,000 | £70,001,000 | £37,024,000 | |
| Average employees | 39 | — | 164 | — | — | — | — | |
| Wages | — | — | £8,855,000 | — | — | — | — |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- IFRS
- Reporting scope
- Consolidated (group)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have reviewed the Group's Board approved budget and forecasts for the 12 months from the date of this report. The Directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis in preparing the annual financial statements.”
Subsidiaries
- Get It Gone Limited · 100% held · UK · Dormant
- Total Car Check Ltd · 100% held · UK · Data processing
Significant events
- “Following the year end, the Company successfully secured a £25 million growth capital facility, providing additional flexibility as we continue our path toward profitability. Full details of this post balance sheet event, including the key terms and conditions of the term loan facility, are provided in the Notes to the Financial Statements (Note 21 - Events after the reporting date). On 23 December 2025, the Group successfully executed a new £25.0 million Term Loan Facility ("the Facility"). A principal amount of £15.0 million was drawn at close. The remaining £10.0 million is available for drawdown from 30 June 2026 until 31 December 2026. The loan is interest only for 24 months and then capital repayments are due over the next 30 months until a final repayment date of 23 June 2030. In connection with the Facility, the Group issued 288,115 warrants to the lender.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
5 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JENNINGS, Duncan | Director | 2018-03-09 | Jun 1982 | British |
| JONES, Harry Edward Russell | Director | 2016-07-19 | Apr 1983 | British |
| LEATHES, Tom Robert Benjamin | Director | 2016-07-19 | Jun 1978 | British |
| MARTIN, Alan Paul | Director | 2023-05-18 | Apr 1970 | British |
| RIMER, Danny | Director | 2021-06-10 | Sep 1970 | Swiss,Canadian |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BURGE, Hugo Aylesford | Director | 2018-03-09 | 2023-05-18 |
| BUTTLE, Alexander James | Director | 2016-07-19 | 2024-08-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Tom Robert Benjamin Leathes | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-07-19 | Ceased 2018-03-09 |
| Mr Alexander James Buttle | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-07-19 | Ceased 2018-03-09 |
| Mr Harry Edward Russell Jones | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-07-19 | Ceased 2018-03-09 |
Filing timeline
Last 20 of 142 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-17 | SH08 | capital | capital name of class of shares |
| 2026-02-15 | MA | incorporation | memorandum articles |
| 2026-02-15 | SH08 | capital | capital name of class of shares |
| 2026-02-15 | SH10 | capital | capital variation of rights attached to shares |
| 2026-02-15 | RESOLUTIONS | resolution | resolution |
| 2026-02-07 | SH01 | capital | capital allotment shares |
| 2025-12-31 | AA | accounts | accounts with accounts type group |
| 2025-12-23 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-12-11 | SH01 | capital | capital allotment shares |
| 2025-11-14 | SH01 | capital | capital allotment shares |
| 2025-10-17 | SH01 | capital | capital allotment shares |
| 2025-10-08 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-07-15 | SH01 | capital | capital allotment shares |
| 2025-06-18 | SH01 | capital | capital allotment shares |
| 2025-06-16 | SH01 | capital | capital allotment shares |
| 2025-06-04 | RP04SH01 | capital | second filing capital allotment shares |
| 2025-06-04 | RP04SH01 | capital | second filing capital allotment shares |
| 2025-06-04 | RP04SH01 | capital | second filing capital allotment shares |
| 2025-06-04 | RP04SH01 | capital | second filing capital allotment shares |
| 2025-06-04 | RP04SH01 | capital | second filing capital allotment shares |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory