I.M. NEV MOTOR DISTRIBUTORS (UK) LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“On this basis the directors are satisfied that the IML Group is able to operate and meet its liabilities as they fall due for payment throughout the period and therefore the directors consider that it is appropriate to prepare the financial statements on the going concern basis.”

Significant events

• “2025 sees the launch of new combustion engine product under the GWM branding. We also have good visibility of future products available in 2026.”
• “Legislative changes also came in to affect in 2024 with the introduction of the ZEV mandate which aims to support a net zero target in the UK by 2035.”
• “Discussed preparations, scenario planning and impact assessments for Brexit.”

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

Filings

9

last 12 months

Capital events

6

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +25.8%

  £24,152,980 → £30,394,946

• Cash

  +63.5%

  £1,059,994 → £1,732,989

• Net assets

  +2.7%

  £5,344,607 → £5,489,727

• Employees

  0%

  10 → 10

• Operating profit

  -20%

  -£10,063,183 → -£12,079,611

• Profit before tax

  -8%

  -£11,816,381 → -£12,762,128

• Wages

  +8%

  £495,914 → £535,628

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