vertu motors plc Company Information
Company Number
05984855
Website
www.vertumotors.comRegistered Address
vertu house fifth avenue, team valley trading estate, gateshead, NE11 0XA
Industry
Sale of new cars and light motor vehicles
Activities of head offices
Telephone
03301781945
Next Accounts Due
August 2024
Group Structure
View All
Shareholders
undisclosed 100%
vertu motors plc Estimated Valuation
Pomanda estimates the enterprise value of VERTU MOTORS PLC at £10.1b based on a Turnover of £4b and 2.53x industry multiple (adjusted for size and gross margin).
vertu motors plc Estimated Valuation
Pomanda estimates the enterprise value of VERTU MOTORS PLC at £500.9m based on an EBITDA of £74.7m and a 6.7x industry multiple (adjusted for size and gross margin).
vertu motors plc Estimated Valuation
Pomanda estimates the enterprise value of VERTU MOTORS PLC at £1.2b based on Net Assets of £341.4m and 3.42x industry multiple (adjusted for liquidity).
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Vertu Motors Plc Overview
Vertu Motors Plc is a live company located in gateshead, NE11 0XA with a Companies House number of 05984855. It operates in the sale of new cars and light motor vehicles sector, SIC Code 45111. Founded in November 2006, it's largest shareholder is undisclosed with a 100% stake. Vertu Motors Plc is a established, mega sized company, Pomanda has estimated its turnover at £4b with healthy growth in recent years.
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Vertu Motors Plc Health Check
Pomanda's financial health check has awarded Vertu Motors Plc a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £4b, make it larger than the average company (£35.7m)
£4b - Vertu Motors Plc
£35.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (3.4%)
9% - Vertu Motors Plc
3.4% - Industry AVG
Production
with a gross margin of 11.2%, this company has a higher cost of product (21.8%)
11.2% - Vertu Motors Plc
21.8% - Industry AVG
Profitability
an operating margin of 1.1% make it less profitable than the average company (4.2%)
1.1% - Vertu Motors Plc
4.2% - Industry AVG
Employees
with 6719 employees, this is above the industry average (102)
6719 - Vertu Motors Plc
102 - Industry AVG
Pay Structure
on an average salary of £40k, the company has an equivalent pay structure (£41.3k)
£40k - Vertu Motors Plc
£41.3k - Industry AVG
Efficiency
resulting in sales per employee of £597.5k, this is more efficient (£394.8k)
£597.5k - Vertu Motors Plc
£394.8k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (26 days)
6 days - Vertu Motors Plc
26 days - Industry AVG
Creditor Days
its suppliers are paid after 64 days, this is slower than average (37 days)
64 days - Vertu Motors Plc
37 days - Industry AVG
Stock Days
it holds stock equivalent to 69 days, this is more than average (52 days)
69 days - Vertu Motors Plc
52 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (11 weeks)
5 weeks - Vertu Motors Plc
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.3%, this is a higher level of debt than the average (61.9%)
75.3% - Vertu Motors Plc
61.9% - Industry AVG
vertu motors plc Credit Report and Business Information
Vertu Motors Plc Competitor Analysis
Perform a competitor analysis for vertu motors plc by selecting its closest rivals and benchmarking them against 12 key performance metrics.
vertu motors plc Ownership
VERTU MOTORS PLC group structure
Vertu Motors Plc has 32 subsidiary companies.
Ultimate parent company
VERTU MOTORS PLC
05984855
32 subsidiaries
vertu motors plc directors
Vertu Motors Plc currently has 8 directors. The longest serving directors include Mr Robert Forrester (Nov 2006) and Mr Kenneth Lever (Jun 2015).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Robert Forrester | United Kingdom | 54 years | Nov 2006 | - | Director |
Mr Kenneth Lever | 70 years | Jun 2015 | - | Director | |
Mrs Pauline Best | United Kingdom | 60 years | May 2016 | - | Director |
Mr Andrew Goss | 66 years | Sep 2018 | - | Director | |
Mr David Crane | United Kingdom | 56 years | Dec 2018 | - | Director |
Ms Karen Anderson | United Kingdom | 52 years | Mar 2019 | - | Director |
Mr Jonathan Mewett | United Kingdom | 56 years | Oct 2023 | - | Director |
Mr David Gillard | United Kingdom | 61 years | Jan 2024 | - | Director |
VERTU MOTORS PLC financials
Vertu Motors Plc's latest turnover from February 2023 is £4 billion and the company has net assets of £341.4 million. According to their latest financial statements, Vertu Motors Plc has 6,719 employees and maintains cash reserves of £79 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 4,014,544,000 | 3,615,052,000 | 2,547,665,000 | 3,064,530,000 | 2,982,200,000 | 2,796,068,000 | 2,822,589,000 | 2,423,279,000 | 2,074,912,000 | 1,684,532,000 | 1,259,335,000 | 1,088,262,000 | 998,926,000 | 760,810,000 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 3,566,134,000 | 3,179,632,000 | 2,246,642,000 | 2,730,473,000 | 2,660,095,000 | 2,488,360,000 | 2,509,049,000 | 2,160,000,000 | 1,846,843,000 | 1,492,335,000 | 1,110,254,000 | 958,635,000 | 880,094,000 | 671,680,000 |
Gross Profit | 448,410,000 | 435,420,000 | 301,023,000 | 334,057,000 | 322,105,000 | 307,708,000 | 313,540,000 | 263,279,000 | 228,069,000 | 192,197,000 | 149,081,000 | 129,627,000 | 118,832,000 | 89,130,000 |
Admin Expenses | 406,418,000 | 349,687,000 | 269,393,000 | 317,584,000 | 293,092,000 | 275,363,000 | 281,466,000 | 236,100,000 | 206,384,000 | 175,961,000 | 143,938,000 | 122,942,000 | 112,545,000 | 87,020,000 |
Operating Profit | 41,992,000 | 85,733,000 | 31,630,000 | 16,473,000 | 29,013,000 | 32,345,000 | 32,074,000 | 27,179,000 | 21,685,000 | 16,236,000 | 5,143,000 | 6,685,000 | 6,287,000 | 2,110,000 |
Interest Payable | 10,842,000 | 7,126,000 | 9,405,000 | 9,561,000 | 3,957,000 | 1,964,000 | 3,981,000 | 1,390,000 | 2,365,000 | 725,000 | 1,189,000 | 2,567,000 | 2,462,000 | 3,830,000 |
Interest Receivable | 1,300,000 | 163,000 | 174,000 | 405,000 | 276,000 | 66,000 | 1,727,000 | 173,000 | 1,678,000 | 331,000 | 108,000 | 1,423,000 | 2,089,000 | 1,788,000 |
Pre-Tax Profit | 32,450,000 | 78,770,000 | 22,399,000 | 7,317,000 | 25,332,000 | 30,447,000 | 29,820,000 | 25,962,000 | 20,998,000 | 15,842,000 | 4,378,000 | 5,541,000 | 5,251,000 | 68,000 |
Tax | -6,917,000 | -18,770,000 | -6,084,000 | -4,330,000 | -4,796,000 | -5,766,000 | -5,800,000 | -5,282,000 | -4,459,000 | -3,414,000 | -989,000 | -508,000 | -1,227,000 | 789,000 |
Profit After Tax | 25,533,000 | 60,000,000 | 16,315,000 | 2,987,000 | 20,536,000 | 24,681,000 | 24,020,000 | 20,680,000 | 16,539,000 | 12,428,000 | 3,389,000 | 5,033,000 | 4,024,000 | 857,000 |
Dividends Paid | 6,003,000 | 2,327,000 | 0 | 6,122,000 | 5,657,000 | 5,678,000 | 5,353,000 | 0 | 2,895,000 | 2,526,000 | 1,296,000 | 996,000 | 0 | 0 |
Retained Profit | 19,530,000 | 57,673,000 | 16,315,000 | -3,135,000 | 14,879,000 | 19,003,000 | 18,667,000 | 20,680,000 | 13,644,000 | 9,902,000 | 2,093,000 | 4,037,000 | 4,024,000 | 857,000 |
Employee Costs | 268,489,000 | 235,214,000 | 176,571,000 | 200,900,000 | 192,928,000 | 180,302,000 | 180,304,000 | 149,931,000 | 130,246,000 | 110,665,000 | 89,789,000 | 78,019,000 | 71,416,000 | 47,095,000 |
Number Of Employees | 6,719 | 5,870 | 5,723 | 5,703 | 5,372 | 5,271 | 5,245 | 4,491 | 4,010 | 3,059 | 2,822 | 2,589 | 2,156 | |
EBITDA* | 74,736,000 | 117,294,000 | 61,494,000 | 45,255,000 | 40,278,000 | 42,673,000 | 41,353,000 | 34,540,000 | 28,005,000 | 22,199,000 | 9,293,000 | 10,838,000 | 9,950,000 | 4,454,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 408,366,000 | 350,521,000 | 334,062,000 | 333,895,000 | 231,292,000 | 204,555,000 | 199,429,000 | 156,458,000 | 138,156,000 | 119,449,000 | 107,110,000 | 89,064,000 | 76,439,000 | 49,943,000 |
Intangible Assets | 129,876,000 | 105,267,000 | 101,140,000 | 101,435,000 | 114,877,000 | 95,697,000 | 96,113,000 | 71,156,000 | 52,772,000 | 44,361,000 | 22,585,000 | 21,607,000 | 21,569,000 | 19,655,000 |
Investments & Other | 507,000 | 0 | 0 | 0 | 6,430,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 81,000 | 0 |
Debtors (Due After 1 year) | 3,188,000 | 9,055,000 | 6,246,000 | 8,867,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 535,054,000 | 446,733,000 | 435,202,000 | 426,463,000 | 346,169,000 | 300,252,000 | 295,542,000 | 227,614,000 | 190,928,000 | 163,810,000 | 129,695,000 | 110,671,000 | 98,008,000 | 69,598,000 |
Stock & work in progress | 674,380,000 | 475,027,000 | 597,391,000 | 639,177,000 | 618,675,000 | 558,386,000 | 506,470,000 | 530,371,000 | 394,287,000 | 334,452,000 | 250,443,000 | 208,436,000 | 191,656,000 | 155,698,000 |
Trade Debtors | 67,105,000 | 40,200,000 | 42,013,000 | 50,579,000 | 34,947,000 | 43,011,000 | 39,055,000 | 35,655,000 | 29,067,000 | 19,491,000 | 21,866,000 | 17,432,000 | 17,646,000 | 13,619,000 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 19,212,000 | 11,639,000 | 17,362,000 | 21,141,000 | 27,946,000 | 23,261,000 | 13,490,000 | 27,757,000 | 24,433,000 | 23,480,000 | 22,073,000 | 10,816,000 | 11,182,000 | 6,172,000 |
Cash | 78,984,000 | 83,793,000 | 67,828,000 | 40,839,000 | 66,519,000 | 41,709,000 | 39,845,000 | 43,915,000 | 19,254,000 | 36,948,000 | 7,240,000 | 12,859,000 | 23,442,000 | 12,907,000 |
misc current assets | 0 | 0 | 0 | 0 | 1,324,000 | 2,449,000 | 0 | 537,000 | 1,866,000 | 0 | 0 | 0 | 6,630,000 | 10,250,000 |
total current assets | 847,412,000 | 610,659,000 | 725,963,000 | 752,153,000 | 749,411,000 | 668,816,000 | 598,860,000 | 638,235,000 | 468,907,000 | 414,371,000 | 301,622,000 | 249,543,000 | 250,556,000 | 198,646,000 |
total assets | 1,382,466,000 | 1,057,392,000 | 1,161,165,000 | 1,178,616,000 | 1,095,580,000 | 969,068,000 | 894,402,000 | 865,849,000 | 659,835,000 | 578,181,000 | 431,317,000 | 360,214,000 | 348,564,000 | 268,244,000 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 500,000 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,423,000 | 0 | 2,000,000 | 2,000,000 | 0 | 2,000,000 |
Trade Creditors | 630,451,000 | 415,011,000 | 602,780,000 | 632,911,000 | 639,577,000 | 577,384,000 | 529,181,000 | 557,057,000 | 399,147,000 | 342,102,000 | 259,022,000 | 210,905,000 | 199,481,000 | 163,098,000 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 29,821,000 | 12,296,000 | 6,582,000 | 25,547,000 | 0 | 12,811,000 | 10,243,000 | 6,756,000 | 0 | 2,000,000 | 1,251,000 | 0 | 0 | 0 |
hp & lease commitments | 14,498,000 | 14,132,000 | 14,126,000 | 14,071,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 141,620,000 | 129,561,000 | 100,136,000 | 97,268,000 | 115,674,000 | 89,324,000 | 84,976,000 | 77,979,000 | 67,674,000 | 56,131,000 | 38,707,000 | 31,293,000 | 33,612,000 | 24,328,000 |
total current liabilities | 816,390,000 | 571,000,000 | 723,624,000 | 769,797,000 | 755,251,000 | 679,519,000 | 624,400,000 | 641,792,000 | 470,244,000 | 400,233,000 | 300,980,000 | 244,198,000 | 233,593,000 | 189,426,000 |
loans | 386,956,000 | 260,082,000 | 286,498,000 | 253,453,000 | 87,200,000 | 19,462,000 | 20,568,000 | 29,681,000 | 613,000 | 7,098,000 | 25,684,000 | 14,907,000 | 18,606,000 | 28,672,000 |
hp & lease commitments | 68,959,000 | 74,698,000 | 76,975,000 | 82,823,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 19,117,000 | 13,023,000 | 9,180,000 | 0 | 0 | 0 | 7,616,000 | 6,078,000 | 5,806,000 | 6,934,000 | 5,452,000 | 0 | 0 | 0 |
other liabilities | 12,104,000 | 11,447,000 | 9,172,000 | 10,294,000 | 12,492,000 | 15,354,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,850,000 |
provisions | 0 | 0 | 0 | 16,358,000 | 15,188,000 | 0 | 11,110,000 | 8,900,000 | 7,398,000 | 8,098,000 | 8,028,000 | 15,964,000 | 16,332,000 | 2,866,000 |
total long term liabilities | 224,699,000 | 154,511,000 | 161,601,000 | 145,446,000 | 63,686,000 | 25,131,000 | 23,573,000 | 26,198,000 | 9,957,000 | 14,569,000 | 23,696,000 | 15,540,000 | 17,469,000 | 21,619,000 |
total liabilities | 1,041,089,000 | 725,511,000 | 885,225,000 | 915,243,000 | 818,937,000 | 704,650,000 | 647,973,000 | 667,990,000 | 480,201,000 | 414,802,000 | 324,676,000 | 259,738,000 | 251,062,000 | 211,045,000 |
net assets | 341,377,000 | 331,881,000 | 275,940,000 | 263,373,000 | 276,643,000 | 264,418,000 | 246,429,000 | 197,859,000 | 179,634,000 | 163,379,000 | 106,641,000 | 100,476,000 | 97,502,000 | 57,199,000 |
total shareholders funds | 341,377,000 | 331,881,000 | 275,940,000 | 263,373,000 | 276,643,000 | 264,418,000 | 246,429,000 | 197,859,000 | 179,634,000 | 163,379,000 | 106,641,000 | 100,476,000 | 97,502,000 | 57,199,000 |
Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | 41,992,000 | 85,733,000 | 31,630,000 | 16,473,000 | 29,013,000 | 32,345,000 | 32,074,000 | 27,179,000 | 21,685,000 | 16,236,000 | 5,143,000 | 6,685,000 | 6,287,000 | 2,110,000 |
Depreciation | 30,735,000 | 31,023,000 | 27,976,000 | 13,433,000 | 10,722,000 | 9,714,000 | 8,665,000 | 6,803,000 | 5,915,000 | 5,670,000 | 4,150,000 | 3,860,000 | 3,389,000 | 2,344,000 |
Amortisation | 2,009,000 | 538,000 | 1,888,000 | 15,349,000 | 543,000 | 614,000 | 614,000 | 558,000 | 405,000 | 293,000 | 0 | 293,000 | 274,000 | 0 |
Tax | -6,917,000 | -18,770,000 | -6,084,000 | -4,330,000 | -4,796,000 | -5,766,000 | -5,800,000 | -5,282,000 | -4,459,000 | -3,414,000 | -989,000 | -508,000 | -1,227,000 | 789,000 |
Stock | 199,353,000 | -122,364,000 | -41,786,000 | 20,502,000 | 60,289,000 | 51,916,000 | -23,901,000 | 136,084,000 | 59,835,000 | 84,009,000 | 42,007,000 | 16,780,000 | 35,958,000 | 155,698,000 |
Debtors | 28,611,000 | -4,727,000 | -14,966,000 | 17,694,000 | -3,379,000 | 13,727,000 | -10,867,000 | 9,912,000 | 10,529,000 | -968,000 | 15,691,000 | -580,000 | 9,037,000 | 19,791,000 |
Creditors | 215,440,000 | -187,769,000 | -30,131,000 | -6,666,000 | 62,193,000 | 48,203,000 | -27,876,000 | 157,910,000 | 57,045,000 | 83,080,000 | 48,117,000 | 11,424,000 | 36,383,000 | 163,098,000 |
Accruals and Deferred Income | 18,153,000 | 33,268,000 | 12,048,000 | -18,406,000 | 26,350,000 | -3,268,000 | 8,535,000 | 10,577,000 | 10,415,000 | 18,906,000 | 12,866,000 | -2,319,000 | 9,284,000 | 24,328,000 |
Deferred Taxes & Provisions | 0 | 0 | -16,358,000 | 1,170,000 | 15,188,000 | -11,110,000 | 2,210,000 | 1,502,000 | -700,000 | 70,000 | -7,936,000 | -368,000 | 13,466,000 | 2,866,000 |
Cash flow from operations | 73,448,000 | 71,114,000 | 77,721,000 | -21,173,000 | 82,303,000 | 5,089,000 | 53,190,000 | 53,251,000 | 19,942,000 | 37,800,000 | 3,653,000 | 2,867,000 | 22,861,000 | 20,046,000 |
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 507,000 | 0 | 0 | -6,430,000 | 6,430,000 | 0 | 0 | 0 | 0 | 0 | 0 | -81,000 | 81,000 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,423,000 | 3,423,000 | -2,000,000 | 0 | 2,000,000 | -2,000,000 | 2,000,000 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 17,525,000 | 5,714,000 | -18,965,000 | 25,547,000 | -12,811,000 | 2,568,000 | 3,487,000 | 6,756,000 | -2,000,000 | 749,000 | 1,251,000 | 0 | 0 | 0 |
Long term loans | 126,874,000 | -26,416,000 | 33,045,000 | 166,253,000 | 67,738,000 | -1,106,000 | -9,113,000 | 29,068,000 | -6,485,000 | -18,586,000 | 10,777,000 | -3,699,000 | -10,066,000 | 28,672,000 |
Hire Purchase and Lease Commitments | -5,373,000 | -2,271,000 | -5,793,000 | 96,894,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 657,000 | 2,275,000 | -1,122,000 | -2,198,000 | -2,862,000 | 15,354,000 | 0 | 0 | 0 | 0 | 0 | 0 | -5,850,000 | 5,850,000 |
share issue | ||||||||||||||
interest | -9,542,000 | -6,963,000 | -9,231,000 | -9,156,000 | -3,681,000 | -1,898,000 | -2,254,000 | -1,217,000 | -687,000 | -394,000 | -1,081,000 | -1,144,000 | -373,000 | -2,042,000 |
cash flow from financing | 120,107,000 | -29,393,000 | -5,814,000 | 267,205,000 | 45,730,000 | 13,904,000 | 22,023,000 | 28,729,000 | -3,138,000 | 26,605,000 | 15,019,000 | -3,906,000 | 17,990,000 | 90,822,000 |
cash and cash equivalents | ||||||||||||||
cash | -4,809,000 | 15,965,000 | 26,989,000 | -25,680,000 | 24,810,000 | 1,864,000 | -4,070,000 | 24,661,000 | -17,694,000 | 29,708,000 | -5,619,000 | -10,583,000 | 10,535,000 | 12,907,000 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -500,000 | 500,000 | 0 |
change in cash | -4,809,000 | 15,965,000 | 26,989,000 | -25,680,000 | 24,810,000 | 1,864,000 | -4,070,000 | 24,661,000 | -17,694,000 | 29,708,000 | -5,619,000 | -10,083,000 | 10,035,000 | 12,907,000 |
P&L
February 2023turnover
4b
+11%
operating profit
42m
-51%
gross margin
11.2%
-7.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
341.4m
+0.03%
total assets
1.4b
+0.31%
cash
79m
-0.06%
net assets
Total assets minus all liabilities
vertu motors plc company details
company number
05984855
Type
Public limited with Share Capital
industry
45111 - Sale of new cars and light motor vehicles
70100 - Activities of head offices
incorporation date
November 2006
age
18
accounts
Group
ultimate parent company
previous names
norham house 1101 plc (November 2006)
incorporated
UK
address
vertu house fifth avenue, team valley trading estate, gateshead, NE11 0XA
last accounts submitted
February 2023
vertu motors plc Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 6 charges/mortgages relating to vertu motors plc. Currently there are 4 open charges and 2 have been satisfied in the past.
vertu motors plc Companies House Filings - See Documents
date | description | view/download |
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