8:46 am, August 18, 2026
Directors at dealer group Holdcroft say that they are ‘extremely proud’ of the business’s performance last year, which saw a near-£81m jump in turnover.
Latest accounts filed under T.G. Holdcroft (Holdings) Limited show turnover of £826.01m for the year ending December 31, 2025, up 10.8% from £745.64m in the previous year.
Pre-tax profit rose 20.0% from £7.69m to £9.23m, while profit after tax increased 22.9% to £7.07m, compared with £5.75m in 2024.
Operating profit also improved, rising from £11.07m to £11.87m, an increase of 7.2%, while gross profit was £64.38m, up from £59.08m.
The Stoke-on-Trent-based dealer group has 31 dealerships, and represents a wide range of brands from Renault, Dacia and Alpine, to Volvo and Genesis. It also has franchises with Omoda, Jaecoo, GWM Ora, Chery and Geely.
In its strategic report, the company said the year had delivered a strong result despite continued pressure on margins.
Director Christopher Greenhall said: ‘When reflecting on the financial performance of 2025 we are extremely proud of the outcome.’
The group’s new car operations enjoyed particularly strong volume growth during the year.
New retail registrations totalled 6,052, compared with 5,354 in 2024, while Motability volumes fell 23%, from 3,924 units in 2024 to 3,006 in 2025.
Corporate new car sales rose particularly sharply, reaching 15,402 units, against 12,616 a year earlier.
The used car market proved more challenging. Holdcroft reported 8,895 used retail transactions, compared with 9,314 in 2024, a decline of 5%.
The directors said the reduction reflected a shrinking used retail market and difficulties sourcing good-quality used stock.
Despite the lower volumes, Holdcroft said used car profitability remained strong, with improved buying processes and increased use of internal auctions helping protect margins.
There were notable performances among individual franchises.
Renault retail volumes rose to 811 from 713, while Dacia increased to 737 from 557. Alpine volumes nearly trebled, reaching 76 cars compared with 27 in the previous year.
MG new retail registrations increased by 14% to 1,223 units, from 1,072, while Hyundai retail volumes grew 2.5% to 1,741.
Parts turnover increased to £55.81m from £51.60m, while service turnover grew to £17.79m from £15.89m.
Holdcroft’s balance sheet also strengthened during the year.
Cash at bank and in hand more than doubled from £2.62m to £6.18m, while group net assets rose from £49.00m to £55.41m.
Stock increased substantially, however, rising 19.3% from £94.33m to £112.57m at the year end.
Operating cash generation moved in the opposite direction to profit, with net cash generated from operating activities falling from £14.40m to £8.99m.
The accounts also reveal a significant rise in directors’ remuneration.
Total directors’ remuneration increased from £492,703 to £1.59m, while remuneration for the highest-paid director rose from £317,710 to £1.05m.
Average employee numbers increased from 688 to 713.
Despite the rise in profits, dividends paid during the year fell from £815,000 to £535,000.
The company reported a gross margin of 7.8%, compared with 7.9% a year earlier, while return on sales improved to 1.1% and return on capital employed rose from 15.7% to 16.7%.