VOLVO GROUP UK LIMITED
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Cash
—
Latest balance sheet
Net assets
£147m
-10% vs 2024
Employees
1,296
+1.4% highest in 3 filed years
Profit before tax
£86m
-8.4% vs 2024
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 | £1,456,956,000 | £1,531,938,000 | £1,447,705,000 | -5.5% | |
| Operating profit | £38,563,000 | £72,766,000 | £64,269,000 | -11.7% | |
| Profit before tax | £55,509,000 | £93,892,000 | £86,052,000 | -8.4% | |
| Net profit | £41,675,000 | £79,980,000 | £62,884,000 | -21.4% | |
| Cash | £204,000 | £2,000 | — | — | |
| Total assets less current liabilities | £574,709,000 | £658,421,000 | £724,226,000 | +10% | |
| Net assets | £107,258,000 | £163,013,000 | £146,679,000 | -10% | |
| Equity | £107,258,000 | £163,013,000 | £146,679,000 | -10% | |
| Average employees | 1,247 | 1,278 | 1,296 | +1.4% | |
| Wages | £46,857,000 | £50,697,000 | £51,062,000 | +0.7% | |
| Directors' remuneration | £1,274,000 | £1,346,000 | £1,521,000 | +13% | |
| Directors' pension contributions | £21,000 | £21,000 | £21,000 | 0% | |
| Highest paid director | £683,894 | £770,583 | £749,398 | -2.7% |
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 | 2.6% | 4.7% | 4.4% | |
| Net margin | 2.9% | 5.2% | 4.3% | |
| Return on capital employed | 6.7% | 11.1% | 8.9% | |
| Gearing (liabilities / total assets) | 89.1% | 84.3% | 87.1% | |
| Current ratio | 1.52x | 1.82x | 1.80x | |
| Interest cover | 83.83x | — | — |
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 5 times since incorporation
- VOLVO GROUP UK LIMITED 2007-06-29 → present
- VOLVO TRUCK AND BUS LIMITED 1994-04-06 → 2007-06-29
- VOLVO TRUCKS (GREAT BRITAIN) LIMITED 1992-01-31 → 1994-04-06
- VOLVO HOLDING GREAT BRITAIN LIMITED 1989-07-07 → 1992-01-31
- VOLVO BUS GROUP LIMITED 1988-04-25 → 1989-07-07
- TRUSHELFCO (NO. 1170) LIMITED 1987-11-10 → 1988-04-25
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis, under the historical cost convention and in accordance with the Companies Act 2006.”
Group structure
- VOLVO GROUP UK LIMITED · parent
- Renault Truck Commercials 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 55 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| VILLANUEVA, Simon | Secretary | 2011-07-21 | — | British |
| COOLSAET, Christian Joseph Robert Aristide | Director | 2020-07-10 | Jul 1964 | Belgian |
| LARCHER, Aymeric Charles Philippe | Director | 2026-05-04 | Jun 1980 | French |
| MCDOWELL, Naomi Davinia Joanne | Director | 2024-07-08 | Apr 1980 | British |
| SJÖSTEDT, Bo Jörgen | Director | 2020-07-10 | Feb 1970 | Swedish |
| VILLANUEVA, Simon Derek | Director | 2012-12-11 | Sep 1973 | British |
Show 55 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GORDON, William | Secretary | 1992-01-01 | 1995-12-01 |
| MCGINTY, Francis Patrick | Secretary | — | 1992-01-01 |
| MCGREAL, Anthony Gerard | Secretary | 1995-12-01 | 2011-06-06 |
| ALDENSTIG, Per | Director | 2005-03-30 | 2007-10-17 |
| ALINS, Rodolphe Jean-Pierre Maurice | Director | 2013-05-23 | 2013-12-06 |
| ALINS, Rodolphe Jean-Pierre Maurice | Director | 2013-05-23 | 2014-11-17 |
| ALLEN, Nicholas John | Director | 2014-11-17 | 2015-06-22 |
| ALM, Roger | Director | 2016-03-18 | 2019-12-18 |
| ARTHUR, Nils Victor Teodor | Director | 1997-11-28 | 1999-02-08 |
| BACKSTROM, Tore Gustav | Director | — | 1992-01-15 |
| BAKER, Bryan William | Director | 1992-01-01 | 1998-03-31 |
| BALL, Michael Peter | Director | 2000-11-27 | 2005-03-30 |
| BALL, Michael Peter | Director | 1998-03-31 | 1999-02-08 |
| BLIN, Bruno Roger Michel | Director | 2015-06-22 | 2016-03-18 |
| BRANDTZAEG, Bernt | Director | 1992-01-01 | 1998-03-31 |
| CALEN, Bengt | Director | 1992-01-01 | 1993-01-01 |
| CARLSSON, Per | Director | 2000-11-27 | 2002-08-28 |
| CARLSSON, Stefan Bo | Director | 2005-03-30 | 2013-01-01 |
| COSTA, Gino | Director | 2014-11-17 | 2015-06-22 |
| EKELUND, Lisa Hanna Caroline | Director | 2019-12-18 | 2021-06-24 |
| ENGSTROM, Gustaf Magnus | Director | 2005-03-30 | 2013-01-01 |
| ERICSSON, Rolf Erik | Director | 2013-07-16 | 2015-06-22 |
| FROMMELT, Otto Christian | Director | 2002-09-11 | 2005-03-30 |
| GROZDANOVSKI, Robert | Director | 2019-12-18 | 2020-07-10 |
| HENDRIKSE, Albert Johannes | Director | 2000-11-27 | 2004-04-30 |
| HULTKVIST, Tina | Director | 2007-10-17 | 2013-01-01 |
| HUNTER, David | Director | 2012-12-11 | 2013-07-16 |
| ISAKSEN, Roar | Director | 2005-03-30 | 2007-10-01 |
| JANNESSON, Susanne | Director | 2012-12-11 | 2016-03-18 |
| JARLEN, Johan | Director | 2005-03-30 | 2007-10-12 |
| JOHNSON, Stephen Andrew | Director | 1993-01-01 | 1997-12-31 |
| KNABEN, Arne | Director | 2013-11-07 | 2019-12-18 |
| KULLBERG, Jorn Staffan | Director | 2007-10-12 | 2012-03-07 |
| LANGENIUS, Sten Olov Gunnar | Director | 1992-01-01 | 1993-01-01 |
| LARSSON, Bjorn | Director | 1992-01-01 | 1999-02-08 |
| LEDDEN, Val Patrick | Director | 2012-03-07 | 2014-11-17 |
| MAGNUSSON, Ulf | Director | 2012-12-11 | 2013-11-07 |
| MCGREAL, Anthony Gerard | Director | 1999-02-08 | 2000-11-27 |
| MCKENNA, Donal Philip | Director | 2009-06-15 | 2010-10-01 |
| MELLQUIST, Ingrid Heléne | Director | 2019-12-18 | 2020-07-10 |
| NILSSON, Claes Arne Karl | Director | 2007-10-01 | 2013-01-01 |
| NILSSON, Ulf Erik Jonas | Director | 1999-02-08 | 2002-09-11 |
| NILSSON, Ulf Roland | Director | 1999-02-08 | 2000-11-27 |
| NYBERG, Hans Eric Goran | Director | 2008-08-18 | 2013-01-01 |
| OLIVEIRA RODRIGUES, Carlos | Director | 2016-03-18 | 2026-05-04 |
| OLKINUORA, Markku Heikki | Director | 2004-05-01 | 2008-08-18 |
| PETTERSSON, Lars Ake | Director | — | 1992-01-15 |
| REES, Christopher John | Director | 2010-10-01 | 2012-03-07 |
| REID, Gordon Phillips | Director | 2002-09-11 | 2005-03-30 |
| RENGMAN, Erik Tommy Mauritz | Director | 1992-01-01 | 1997-10-17 |
| RYDIN, Jan Staffan | Director | 1993-06-01 | 2000-11-27 |
| SMITH, Robert Courtney, Sir | Director | 1992-01-01 | 1998-03-31 |
| SVENSSON, Tommy Ebenhard | Director | 1998-03-31 | 1999-02-08 |
| WALCH, Fabien Maxime Marie Jean | Director | 2021-06-24 | 2024-01-15 |
| WERGELAND, Jens | Director | 2012-12-11 | 2015-06-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ab Volvo | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 277 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-10-07 | AA | accounts | Accounts with accounts type full | |
| 2026-06-08 | CH01 | officers | Change person director company with change date | |
| 2026-05-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-05-05 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-05 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-28 | CH01 | officers | Change person director company with change date | |
| 2026-04-28 | CH01 | officers | Change person director company with change date | |
| 2026-04-28 | CH01 | officers | Change person director company with change date | |
| 2025-07-25 | AA | accounts | Accounts with accounts type full | |
| 2025-05-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-13 | AA | accounts | Accounts with accounts type full | |
| 2024-07-23 | AA | accounts | Accounts with accounts type full | |
| 2024-07-12 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-27 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-10 | AA | accounts | Accounts with accounts type full | |
| 2022-05-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-18 | AA | accounts | Accounts with accounts type full | |
| 2021-09-24 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.