TUSTAIN MOTORS LIMITED
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Cash
£205K
+105.6% highest in 4 filed years
Net assets
£1.8M
-10.4% vs 2024
Employees
111
+15.6% highest in 4 filed years
Profit before tax
£909K
-18.5% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
4-year trend · vs Consumer Discretionary median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | — | £38,068,121 | £40,912,265 | £48,791,779 | +19.3% | |
| Operating profit | — | £477,082 | £1,136,306 | £938,001 | -17.5% | |
| Profit before tax | £949,439 | £451,473 | £1,114,595 | £908,819 | -18.5% | |
| Net profit | £771,943 | £332,341 | £829,155 | £698,614 | -15.7% | |
| Cash | £38,561 | £95,016 | £99,634 | £204,849 | +105.6% | |
| Total assets less current liabilities | £1,551,739 | £1,475,493 | £2,157,155 | £1,937,862 | -10.2% | |
| Net assets | £1,425,272 | £1,357,613 | £2,036,768 | £1,824,632 | -10.4% | |
| Equity | £1,425,272 | £1,357,613 | £2,036,768 | £1,824,632 | -10.4% | |
| Average employees | 95 | 92 | 96 | 111 | +15.6% | |
| Wages | £2,351,244 | £2,466,140 | £2,682,203 | £3,320,414 | +23.8% | |
| Directors' remuneration | — | — | £0 | £109,640 | — |
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 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | 1.3% | 2.8% | 1.9% | |
| Net margin | — | 0.9% | 2.0% | 1.4% | |
| Return on capital employed | — | 32.3% | 52.7% | 48.4% | |
| Current ratio | — | 1.14x | 1.20x | 1.14x | |
| Interest cover | — | 18.63x | 50.50x | 32.14x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis. The directors believe it remains appropriate to prepare the financial statements on a going concern basis, having considered forecasts and projections showing the company's ability to continue in operational existence.”
Group structure
- TUSTAIN MOTORS LIMITED · parent
- Outrams Garage Ltd 100%
- Dennis Common Ltd 100%
Significant events
- “There was a change in group structure during 2025 which saw a partial management buyout of the original shareholders. This allowed for continuity in key personnel and processes allowing the business to continue and flourish through the period with minimum disruption. The original directors will continue in the business as minority shareholders and mentors.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| STOREY, David | Secretary | 2009-07-30 | — | British |
| BAXTER, Brian William | Director | 2009-07-30 | Aug 1968 | British |
| GUY, Helen Joan | Director | 2025-07-24 | Feb 1977 | British |
| ROBSON, Kevin Robert | Director | 2025-07-24 | Jul 1979 | British |
| SHUTT, Christopher Paul | Director | 2025-07-24 | Sep 1977 | British |
| STOREY, David | Director | 2009-07-30 | Dec 1966 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KAHAN, Barbara | Director | 2009-07-30 | 2009-07-30 |
| TUSTAIN, John Bernard | Director | 2009-07-30 | 2021-12-09 |
| MOTORS DIRECTORS LIMITED | Corporate Director | 2010-03-12 | 2017-12-22 |
| MOTORS SECRETARIES LIMITED | Corporate Director | 2010-03-12 | 2017-12-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Minhoco 91 Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-04-01 | Ceased 2025-04-01 |
| Minhoco 92 Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-04-01 | Active |
| J B Tustain Motors Holdings Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2025-04-01 |
Filing timeline
Last 20 of 90 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-30 | AA | accounts | Accounts with accounts type full | |
| 2025-08-14 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-14 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-14 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-07-30 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-30 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-11 | AA | accounts | Accounts with accounts type full | |
| 2025-05-09 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-05-09 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-04-07 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-04-07 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-09-27 | AA | accounts | Accounts with accounts type full | |
| 2024-08-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-07-31 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-06-07 | AA | accounts | Accounts with accounts type full | |
| 2022-08-03 | AA | accounts | Accounts with accounts type full | |
| 2022-08-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-02-02 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 3
- 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.