DICK LOVETT COMPANIES LIMITED
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Cash
£20M
-40.1% vs 2024
Net assets
£186M
+3.8% highest in 5 filed years
Employees
998
-8.4% vs 2024
Profit before tax
£11M
-0.1% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | £822,064,000 | £810,496,000 | £801,221,000 | -1.1% | |
| Operating profit | — | — | £25,470,000 | £12,846,000 | £12,669,000 | -1.4% | |
| Profit before tax | — | — | £24,353,000 | £10,614,000 | £10,599,000 | -0.1% | |
| Net profit | £7,961,000 | £22,982,000 | £18,269,000 | £7,850,000 | £7,348,000 | -6.4% | |
| Cash | £2,305,000 | £25,154,000 | £39,888,000 | £33,609,000 | £20,134,000 | -40.1% | |
| Total assets less current liabilities | £78,372,000 | — | £180,312,000 | £190,096,000 | £198,254,000 | +4.3% | |
| Net assets | £74,862,000 | £95,846,000 | £170,934,000 | £178,784,000 | £185,632,000 | +3.8% | |
| Equity | £74,862,000 | — | £170,934,000 | £178,784,000 | £185,632,000 | +3.8% | |
| Average employees | 5 | 5 | 964 | 1,090 | 998 | -8.4% | |
| Wages | £601,000 | £867,000 | £33,700,000 | £37,348,000 | £39,699,000 | +6.3% | |
| Directors' remuneration | — | — | £1,184,000 | £696,000 | £2,330,000 | +234.8% |
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 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | 3.1% | 1.6% | 1.6% | |
| Net margin | — | — | 2.2% | 1.0% | 0.9% | |
| Return on capital employed | — | — | 14.1% | 6.8% | 6.4% | |
| Current ratio | — | — | 1.63x | 1.59x | 1.45x | |
| Interest cover | — | — | 8.70x | 3.47x | 4.16x |
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 1 time since incorporation
- DICK LOVETT COMPANIES LIMITED 1991-01-17 → present
- DICK LOVETT (SPECIALISTS CARS) LIMITED 1973-03-14 → 1991-01-17
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- DICK LOVETT COMPANIES LIMITED · parent
- Dick Lovett (Avon) Limited 100%
- Dick Lovett (Bath) Limited 100%
- Dick Lovett (Bristol) Limited 100%
- Dick Lovett (Hungerford) Limited 100%
- Dick Lovett (Specialist Cars) Limited 100%
- Dick Lovett (SV) Limited 100%
- Dick Lovett (Swindon) Limited 100%
- Dick Lovett Limited 100%
- Dick Lovett Sporting Limited 100%
- Dick Lovett Sports Cars Limited 100%
- PLR Limited 100%
- Spray:master Limited 100%
- Dick Lovett Automobile Limited 100%
- 100 PL Limited 100%
Significant events
- “2025 saw turnover reduce from the prior year... decline in the sale of Porsche cars... increased turnover from BMW sales made up for the MINI reduction... strong performance in Ferrari, with Aston Martin also returning to profitability... a loss in Jaguar Land Rover.”
- “In 2025 the business has continued to make significant investments, with the most significant in the year being the rebuild of Porsche Bristol, which was opened for business in January 2026.”
- “Investment was also made in the purchase and refurbishment of a new building in Tewkesbury to increase workshop capacity at Porsche Tewkesbury.”
- “New ramps and equipment were also installed in an existing Dick Lovett facility in Swindon to enhance the workshop capacity in Porsche Swindon.”
- “Building work also continued on the new MINI Hungerford site that will be completed in 2026.”
- “The company also purchased the land and buildings of BMW Bristol from the pension fund in the year to now own the entire Bristol campus.”
- “The New Porsche Bristol building was completed at the end of 2025 and opened its doors to customers in January 2026.”
- “The redevelopment of MINI Hungerford is progressing well and anticipated to be completed summer 2026.”
- “Bodyshop Melksham has now completed a full year, and we will be adding a further spray booth to cope with increased volume.”
- “We will continue to add further EV Chargers across the group particularly within the Ferrari dealership in 2026.”
- “In 2025, 7 of our sites were generating Solar Power for the full 12 months, and with the addition of the BMW Swindon site in April 2025, and the Porsche Bristol at the end of December 2025, the Solar PV Generation increased from 638,974 kWh in 2024, to 986,817 kWh in 2025, an increase of 54%.”
- “At the end of 2025 we had an increase our number of Electric Vehicle charging points, the Group had 188 live charging sockets of which, 152 are AC chargers and 36 are DC chargers around the dealerships.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WINTERBURN, Julian | Secretary | 2018-04-01 | — | — |
| LOVETT, Peter Charles | Director | — | Mar 1950 | British |
| MALONEY, Rebecca Jane | Director | 2021-04-26 | Sep 1979 | British |
| TROTMAN, Russell John | Director | 2025-04-03 | Dec 1965 | British |
| WINTERBURN, Julian | Director | 2018-04-01 | Aug 1969 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MAURICE, Derek John | Secretary | — | 2000-06-30 |
| MOULTON, John Christopher | Secretary | 2000-06-19 | 2018-03-31 |
| CAMPBELL, Lynn Ross | Director | 2014-01-01 | 2025-03-31 |
| FIRMAN, Ronald William | Director | — | 1992-12-31 |
| FRUEN, Paul Francis | Director | — | 1994-03-01 |
| LOVETT, Edward Charles | Director | 2015-07-01 | 2016-10-31 |
| LOVETT, Edward Charles | Director | 2010-05-11 | 2011-06-30 |
| LOVETT, Richard Augustus | Director | — | 1995-01-01 |
| MAURICE, Derek John | Director | — | 2000-06-30 |
| MOULTON, John Christopher | Director | 2000-06-19 | 2018-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Rebecca Jane Maloney | Individual | Shares 75–100%, Voting 75–100% | 2025-11-18 | Active |
| Mr Peter Charles Lovett | Individual | Shares 75–100% | 2016-04-06 | Ceased 2025-11-18 |
Filing timeline
Last 20 of 201 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-22 | AA | accounts | Accounts with accounts type group | |
| 2026-03-16 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-11-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-11-21 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-11-21 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-07-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-22 | AA | accounts | Accounts with accounts type group | |
| 2025-04-07 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-07 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-21 | AA | accounts | Accounts with accounts type group | |
| 2023-07-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-19 | AA | accounts | Accounts with accounts type group | |
| 2022-07-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-24 | AA | accounts | Accounts with accounts type group | |
| 2021-07-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-05-20 | AA | accounts | Accounts with accounts type group | |
| 2021-04-26 | AP01 | officers | Appoint person director company with name date | |
| 2020-07-29 | AA | accounts | Accounts with accounts type group | |
| 2020-07-09 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- 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.