Read Motor Group Limited
Read Motor Group Limited is an active company incorporated on 21 December 2009 with the registered office located in Grimsby, Lincolnshire. Read Motor Group Limited was registered 16 years ago.
Status
Active
Active since incorporation
Company No
07110298
Private limited company
Age
16 years
Incorporated 21 December 2009
Size
Large
Turnover is over £54M
Confirmation
Submitted
Dated 22 December 2025 (1 month ago)
Next confirmation dated 22 December 2026
Due by 5 January 2027 (11 months remaining)
Last change occurred 2 years 1 month ago
Accounts
Submitted
For period 1 Jan ⟶ 31 Dec 2024 (1 year)
Accounts type is Group
Next accounts for period 30 December 2025
Due by 30 September 2026 (7 months remaining)
Shareholders, PSCs & Group Structure
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Mutual Companies
Michael David Read and Nicola Jane Read are mutual people.
Active
Michael David Read and Nicola Jane Read are mutual people.
Active
Michael David Read and Nicola Jane Read are mutual people.
Active
Michael David Read and Nicola Jane Read are mutual people.
Active
Nicola Jane Read is a mutual person.
Active
Brands
Read Motor Group is a family-run dealership established in 2010, offering new and used cars, as well as aftersales services.
Financials
Net Assets, Total Assets & Total Liabilities (2015–2024)
Period Ended
31 Dec 2024
For period 31 Dec ⟶ 31 Dec 2024
Traded for 12 months
Cash in Bank
£121K
Decreased by £606K (-83%)
Turnover
£141.39M
Increased by £1.18M (+1%)
Employees
243
Increased by 41 (+20%)
Total Assets
£42.98M
Increased by £10.77M (+33%)
Total Liabilities
-£36.53M
Increased by £11.44M (+46%)
Net Assets
£6.44M
Decreased by £678K (-10%)
Debt Ratio (%)
85%
Increased by 7.12% (+9%)
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Repayment History
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