VERTU MOTORS PLC
Listed on the Alternative Investment Market, Vertu Motors plc is a UK automotive retailer operating a nationwide network of franchised dealerships under the Vertu brand, providing new and used vehicle sales, parts, and servicing.
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Cash
£73m
+0.6% highest in 3 filed years
Net assets
£287m
+0.2% vs 2025
Employees
7,293
-5.6% lowest in 3 filed years
Profit before tax
£20m
-18.2% 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 2026-02-28
| Metric | Trend | 2024-02-29 | 2025-02-28 | 2026-02-28 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £4,686,280,000 | £4,763,926,000 | £4,833,796,000 | +1.5% | |
| Operating profit | £56,041,000 | £47,837,000 | £42,258,000 | -11.7% | |
| Profit before tax | £34,727,000 | £24,750,000 | £20,242,000 | -18.2% | |
| Net profit | £25,713,000 | £18,103,000 | £14,623,000 | -19.2% | |
| Cash | £70,599,000 | £72,647,000 | £73,076,000 | +0.6% | |
| Total assets less current liabilities | £570,869,000 | £350,009,000 | £351,154,000 | +0.3% | |
| Net assets | £353,373,000 | £286,194,000 | £286,774,000 | +0.2% | |
| Equity | £353,373,000 | £357,551,000 | £357,533,000 | 0% | |
| Average employees | 7,441 | 7,725 | 7,293 | -5.6% | |
| Wages | £253,864,000 | £286,494,000 | £310,140,000 | +8.3% | |
| Directors' remuneration | £2,096,000 | £2,244,000 | £2,069,000 | -7.8% |
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 | 2024-02-29 | 2025-02-28 | 2026-02-28 |
|---|---|---|---|---|
| Operating margin | 1.2% | 1.0% | 0.9% | |
| Net margin | 0.5% | 0.4% | 0.3% | |
| Return on capital employed | 9.8% | 13.7% | 12.0% | |
| Gearing (liabilities / total assets) | 76.1% | 81.9% | 81.6% | |
| Current ratio | 1.03x | 1.02x | 1.02x | |
| Interest cover | 2.47x | 1.98x | 1.81x |
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
- VERTU MOTORS PLC 2006-11-02 → present
- NORHAM HOUSE 1101 PLC 2006-11-01 → 2006-11-02
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“By their very nature, forecasts and projections are inherently uncertain. Based on what is known at this time and based upon the forecast information available, the Directors believe it appropriate to prepare accounts under the going concern basis. Therefore, the financial statements do not include the adjustments that would result if the Group and Company were unable to continue as going concerns.”
Group structure
- VERTU MOTORS PLC · parent
- Vertu Motors (Continental) Limited
- Vertu Accident Repair Limited
- The Union Motor Company Limited
- Aceparts Limited
- Tynes Deal Finance Limited
Significant events
- “In January 2026, the Group ceased Honda operations from Bradford, with the dealership becoming Volvo Kia and with an agreement to bring the Kia commercial vehicles (PBV) franchise to the Group for the first time.”
- “On 20 February 2026, the Group completed the sale of the Group’s Honda dealership in Huddersfield to Riverside Motors, generating cash proceeds of £1.0m.”
- “Finally, in February 2026, the Group closed its Volvo and Peugeot sales outlets in Barnstaple, trading as Barnstaple Peugeot.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LOOSE, Nicola Jane Carrington | Secretary | 2019-03-01 | — | — |
| ANDERSON, Karen | Director | 2019-03-01 | Nov 1971 | British |
| COX, Amanda Jane | Director | 2025-01-01 | Sep 1969 | British |
| CRANE, David Paul | Director | 2018-07-26 | Oct 1967 | British |
| FORRESTER, Robert Thomas | Director | 2006-11-06 | Sep 1969 | British |
| GILLARD, David James | Director | 2024-01-02 | Oct 1962 | British |
| GOSS, Andrew Paul | Director | 2018-09-03 | Jan 1958 | British |
| MEWETT, Jonathan Mark | Director | 2023-06-05 | Feb 1968 | British |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ANDERSON, Karen | Secretary | 2010-02-25 | 2019-03-01 |
| DAVISON, Andrew John | Secretary | 2006-11-01 | 2010-02-25 |
| LONDON LAW SECRETARIAL LIMITED | Corporate Nominee Secretary | 2006-11-01 | 2006-11-01 |
| ANDERSON, Karen | Director | 2007-01-09 | 2010-02-25 |
| BEST, Pauline Ann | Director | 2016-05-31 | 2025-05-31 |
| DAVISON, Andrew John | Director | 2006-11-01 | 2006-11-06 |
| FORBES, David Malcom | Director | 2009-08-11 | 2015-07-23 |
| JONES, Peter | Director | 2015-01-01 | 2019-07-24 |
| LEVER, Kenneth | Director | 2015-06-02 | 2024-06-25 |
| SHERWIN, Michael | Director | 2010-02-25 | 2019-03-01 |
| STEAD, Nigel Cleator | Director | 2011-12-08 | 2018-12-31 |
| TEASDALE, William Moore | Director | 2006-11-01 | 2017-07-26 |
| WILLIAMS, Paul Raymond | Director | 2007-03-27 | 2015-01-01 |
| LONDON LAW SECRETARIAL LIMITED | Corporate Nominee Director | 2006-11-01 | 2006-11-01 |
| LONDON LAW SERVICES LIMITED | Corporate Nominee Director | 2006-11-01 | 2006-11-01 |
| NORHAM HOUSE DIRECTOR LIMITED | Corporate Director | 2006-11-01 | 2006-11-06 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 999 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-07-07 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-23 | SH06 | capital | Capital cancellation shares | |
| 2026-07-23 | SH06 | capital | Capital cancellation shares | |
| 2026-07-23 | SH06 | capital | Capital cancellation shares | |
| 2026-07-23 | SH06 | capital | Capital cancellation shares | |
| 2026-07-23 | SH06 | capital | Capital cancellation shares | |
| 2026-07-23 | SH06 | capital | Capital cancellation shares | |
| 2026-07-23 | SH06 | capital | Capital cancellation shares | |
| 2026-07-23 | SH06 | capital | Capital cancellation shares | |
| 2026-07-23 | SH06 | capital | Capital cancellation shares | |
| 2026-07-23 | SH06 | capital | Capital cancellation shares | |
| 2026-07-23 | SH06 | capital | Capital cancellation shares | |
| 2026-07-23 | SH06 | capital | Capital cancellation shares | |
| 2026-07-23 | SH06 | capital | Capital cancellation shares | |
| 2026-07-23 | SH03 | capital | Capital return purchase own shares | |
| 2026-07-23 | SH03 | capital | Capital return purchase own shares | |
| 2026-07-08 | AA | accounts | Accounts with accounts type group | |
| 2026-07-07 | RESOLUTIONS | resolution | Resolution | |
| 2026-06-10 | SH06 | capital | Capital cancellation shares | |
| 2026-06-10 | SH06 | capital | Capital cancellation shares | |
| 2026-06-10 | SH06 | capital | Capital cancellation shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 18
- 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.