MCLAREN AUTOMOTIVE HOLDINGS LIMITED

• ⚠

  Material uncertainty over going concern

  The Directors have therefore considered the circumstances described above and consider that the unguaranteed funding together with the proposed change of ownership of the Company, constitute a material uncertainty which may cast significant doubt over the Group's and the Company's ability to continue as a going concern. These financial statements do not include any adjustments that would arise if the Group and the Company were unable to continue as a going concern.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. MCLAREN AUTOMOTIVE HOLDINGS LIMITED 2025-04-07 → present
2. MCLAREN HOLDINGS LIMITED 2017-07-20 → 2025-04-07
3. NMG BIDCO LIMITED 2017-06-20 → 2017-07-20
4. NMG BIDCO PLC 2017-05-05 → 2017-06-20

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Directors have therefore considered the circumstances described above and consider that the unguaranteed funding together with the proposed change of ownership of the Company, constitute a material uncertainty which may cast significant doubt over the Group's and the Company's ability to continue as a going concern. These financial statements do not include any adjustments that would arise if the Group and the Company were unable to continue as a going concern.”

Group structure

1. MCLAREN AUTOMOTIVE HOLDINGS LIMITED · parent
   1. McLaren Automotive Limited 100% · UK · Development, manufacture and sale of high performance sports cars
   2. McLaren Automotive Events Limited 100% · UK · Events company
   3. McLaren Finance plc 100% · UK · Financing company
   4. McLaren Services Limited 100% · UK · Managed services
   5. McLaren Support Services Limited 100% · UK · Managed services
   6. Hypercar Solutions Group Limited 0% · UK · Holding company
   7. KW Special Projects Limited 0% · UK · Manufacture of high performance sports cars
   8. McLaren Automotive Inc 100% · United States of America · Sports car retailer
   9. McLaren Automotive Asia Pte Limited 100% · Singapore · Sports car retailer
   10. McLaren Automotive Distribution (Shanghai) Company Limited 100% · China · Sports car retailer
   11. McLaren Automotive Europe S.LU 100% · Spain · Maintenance and repair of motor vehicles

Significant events

• “On 22 March 2024 it was announced that the parent of the Company, McLaren Group Limited, had completed its capital reorganisation process, resulting in long term strategic investor Bahrain Mumtalakat Holding Company B.S.C.(c) ("Mumtalakat"), the sovereign wealth fund of the Kingdom of Bahrain, taking full ownership of its share capital.”
• “On 9 December 2024 Mumtalakat announced that CYVN Holdings LLC, an investment vehicle based in Abu Dhabi which invests in smart and advanced mobility solutions, would acquire 100% of the equity of the Company as well as a non-controlling stake in McLaren Group Ltd, the parent entity of the Company. The transaction is expected to complete in 2025 subject to customary closing conditions and regulatory approvals, and will allow the Group to access CYVN's engineering and design capabilities, leading-edge technology, and experienced leadership.”
• “On 6 October 2024 the Group revealed the McLaren W1, the ground-breaking successor to two of the greatest supercars of all time - the McLaren F1 and McLaren P1™, opening a new chapter in McLaren's famous '1' car lineage. The W1 has an all new V8 hybrid powertrain, delivering the highest power output and power-to-weight ratio of any McLaren road car, and is the fastest-accelerating and fastest-lapping road-legal McLaren ever. Just 399 customer cars will be produced, with all already customer allocated. Deliveries are forecast to commence in 2026.”

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

1

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

  +75%

  £465,900,000 → £815,500,000

• Cash

  -13.2%

  £39,300,000 → £34,100,000

• Net assets

  -1,352.4%

  £6,300,000 → -£78,900,000

• Employees

  +4.4%

  2,508 → 2,618

• Operating profit

  +86.6%

  -£765,800,000 → -£102,400,000

• Profit before tax

  +79.6%

  -£785,000,000 → -£160,000,000

• Wages

  +11.9%

  £156,000,000 → £174,600,000

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