JCT600 VEHICLE LEASING SOLUTIONS LIMITED
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Cash
£7.7M
+207.6% vs 2024
Net assets
£67M
+3.7% highest in 3 filed years
Employees
49
-5.8% vs 2024
Profit before tax
£3.2M
-43.9% lowest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £44,126,000 | £48,530,000 | £45,134,000 | -7% | |
| Operating profit | £9,310,000 | £7,617,000 | £5,297,000 | -30.5% | |
| Profit before tax | £8,064,000 | £5,657,000 | £3,174,000 | -43.9% | |
| Net profit | £6,091,000 | £4,240,000 | £2,379,000 | -43.9% | |
| Cash | — | £2,513,000 | £7,729,000 | +207.6% | |
| Total assets less current liabilities | £124,515,000 | £98,540,000 | £89,546,000 | -9.1% | |
| Net assets | £60,453,000 | £64,693,000 | £67,072,000 | +3.7% | |
| Equity | £60,453,000 | £64,693,000 | £67,072,000 | +3.7% | |
| Average employees | 45 | 52 | 49 | -5.8% | |
| Wages | £1,929,000 | £2,009,000 | £1,946,000 | -3.1% | |
| Directors' remuneration | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 21.1% | 15.7% | 11.7% | |
| Net margin | 13.8% | 8.7% | 5.3% | |
| Return on capital employed | 7.5% | 7.7% | 5.9% | |
| Gearing (liabilities / total assets) | — | 45.1% | 45.1% | |
| Current ratio | 3.03x | 3.34x | 2.30x | |
| Interest cover | 7.47x | 3.89x | 2.50x |
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.
Name history
Renamed 4 times since incorporation
- JCT600 VEHICLE LEASING SOLUTIONS LIMITED 2014-10-08 → present
- JCT600 CONTRACTS LIMITED 2002-11-28 → 2014-10-08
- J.C.T. 600 CONTRACTS LIMITED 1988-12-01 → 2002-11-28
- JACK TORDOFF GARAGES LIMITED 1976-12-31 → 1988-12-01
- TORDOFF MOTORS (YEADON) LIMITED 1968-07-18 → 1976-12-31
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have concluded that, given the current strength of the group's balance sheet and the finance available, the group continues to adopt the going concern basis in preparing its consolidated financial statements and in these company financial statements”
Significant events
- “During the year to 31 December 2025, the Company made profit on ordinary activities before taxation of £3 2m (2024 £5 7m) Total turnover was £45 1m (2024 £48 5m)”
- “In addition to these market conditions, profitability in the year has been impacted by dynamics within the vehicle disposal cycle The Company has continued to work closely with customers to optimise whole life vehicle costs, including the structured extension of vehicle replacement cycles where appropriate”
- “The Company has continued to secure new business during the year, reflecting the strength and competitiveness of its proposition within its target market Contracts awarded in the period are expected to deliver approximately 125% growth over the respective contract terms”
- “Where existing customer contracts were up for renewal in the year, the Company successfully retained all of those contracts, with the majority secured on long term sole supply terms In addition, the Company has continued to convert a number of multi-supplier customer arrangements to sole supply, further strengthening the depth of customer relationships and increasing the proportion of revenue delivered on an outsourced basis”
- “Progress with "ourJCT600" initiative continues This aims to embed within the business a culture that will ensure that the business satisfies the section 172 requirements, "ourMission", "ourAmbitions" and "ourValues" all provide the framework which brings this to life The Company's focus in 2026 is maintaining a culture which supports this initiative”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SHAW, Nigel Martin | Secretary | 2007-01-25 | — | British |
| SHAW, Nigel Martin | Director | 2007-01-25 | Nov 1962 | British |
| TORDOFF, Edward Ian | Director | — | Aug 1957 | British |
| TORDOFF, John Cornel | Director | 2002-11-25 | Oct 1963 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CROWTHER, Brian Michael | Secretary | — | 2007-01-25 |
| CROWTHER, Brian Michael | Director | — | 2008-12-31 |
| MANN, Andrew John Wadham | Director | 1996-03-11 | 2016-12-23 |
| STEAD, Nigel Cleator | Director | — | 1996-03-11 |
| TORDOFF, Jack Crossley | Director | — | 2021-10-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Jack Crossley Tordoff | Individual | Significant influence | 2016-04-06 | Ceased 2021-10-18 |
| Jct600 Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 227 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-06 | AA | accounts | Accounts with accounts type full | |
| 2026-03-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-31 | ANNOTATION | miscellaneous | Legacy | |
| 2025-10-31 | ANNOTATION | miscellaneous | Legacy | |
| 2025-10-31 | ANNOTATION | miscellaneous | Legacy | |
| 2025-10-31 | ANNOTATION | miscellaneous | Legacy | |
| 2025-10-31 | ANNOTATION | miscellaneous | Legacy | |
| 2025-09-18 | CH01 | officers | Change person director company with change date | |
| 2025-09-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-09-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-09-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-14 | CH01 | officers | Change person director company with change date | |
| 2025-08-14 | CH01 | officers | Change person director company with change date | |
| 2025-08-13 | CH01 | officers | Change person director company with change date | |
| 2025-07-03 | AA | accounts | Accounts with accounts type full | |
| 2025-03-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-11 | AA | accounts | Accounts with accounts type full | |
| 2024-04-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-03 | CH01 | officers | Change person director company with change date | |
| 2023-07-26 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 15
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.