8:13 am, June 22, 2026
Bosses at CarSupermarket.com have hailed the firm’s ‘significant progress’ after the used dealer posted improved profits for 2025.
New accounts posted for parent company Motor Depot Limited show that the business made a pre-tax profit of £1.9m in the year ending September 30, 2025.
That figure represents a hefty 72.7% improvement on 2024’s £1.1m, with directors putting the success down to a ‘more resilient operating model’.
It was a year of change for the 10-site supermarket group, with founder Philip Wilkinson replaced as UK director by CEO Guillaume Paoli, last June.
Between them, the two men oversaw a number of operational improvements, including reducing stock by £10m, in order to deliver ‘improved inventory management and tighter working capital control’.
This helped revenues to rise by 7.1% to £415.21m, with retail sales growing 6.8% to 24,847. Elsewhere, gross profit margin held firm at 6.1% and the firm’s net assets grew 5.8% to £25.5m.
Reflecting on the period, bosses said the group had ‘delivered growth across its key metrics’ and backed the firm to continue its strong performance into 2026.
Writing in the accounts, director Matthew Barrick said: ‘The company delivered growth across its key metrics, including retail units and revenue while transitioning its focus toward strengthening margins.
‘As market conditions normalised, the business enhanced unit margins and improved the efficiency of customer acquisition, contributing to a more resilient operating model. Throughout the year, significant progress was made in strengthening core processes across safety, people, quality, delivery lead time, and cost control.
‘Clearer standards were introduced, cross-functional communication improved, and consistent problem-solving practices were embedded across the organisation.
‘By the end of the year, the company had also reduced stock levels by £10m, reflecting improved inventory management and tighter working capital control.
‘The company also deepened its understanding of customer-experience drivers through enhanced analysis of complaints, buybacks, and cancellations, leading to better alignment between customer service, buying and preparation functions.
‘These improvements have established strong foundations for continued enhancements in safety, quality, margin protection, and operational efficiency in the year ahead.
‘During the year, there was a change in the company’s leadership. The founder/UK director left the company in June, and the role of UK director was assumed by the Chief Executive Officer, ensuring continuity of strategic oversight and leadership.’
He added: ‘The directors note that the year’s results reflect a resilient and disciplined performance, achieving growth in revenue, retail sales, and profitability, while maintaining gross margins.
‘The UK used-car market remained stable and robust, and leadership changes were carried out smoothly, providing a solid platform for continued performance in the year ahead.’
Elsewhere, the results – filed via Companies House over the weekend – showed a small reduction in the used car supermarket’s workforce, from an average of 544 employees to 537.
Despite this, staffing costs rose from £22.16m to £22.47m, with directors’ remuneration also going up from £528,000 to £775,000.
Meanwhile, no dividends were paid to directors, either throughout the year or at the end of the accounting period.
