10:05 am, January 28, 2026
Legendary supercar dealer Tom Hartley has announced a small dip in profits after spending a year fighting a ‘slow moving market’.
Accounts recently filed via Companies House show that Tom Hartley Cars Limited made a profit-before-tax of £2.12m in the 12 months to the end of October 2024.
That figure represents an 8.2% drop off on the previous year, when the Derbyshire-based outfit pocketed £2.3m.
Turnover also fell by 31.5% to £32.71m, although the firm’s current assets – which include cash reserves of £11.02m – did rise to a total of £18.55m overall.
While the number of cars sold over the period has not been revealed, the accounts do show that gross margin rose to 8.7% from 6.6% in the previous year.
The period does not cover the company’s history-making stint selling cars from the windows of Harrods, which didn’t kick off until January 2025.
Reflecting on the year as a whole, founder and boss Tom Hartley told Car Dealer that the accounts did not reflect a number of sales completed through ‘subsidiaries of Tom Hartley’, which he claims would have taken the profits to ‘more like £10m’.
He added that the company had no silent partners or finance agreements and remained a family-run firm, which has enjoyed a ‘record January’ this month.
Writing in the accounts, he added: ‘The company’s turnover consists of the sale of high class vehicles and therefore the principal risks and uncertainties facing the company are connected with the downturn in the economy.
‘These risks are very much mitigated by the company being in a unique position of having no debt but substantial funds in the bank and a low overhead base.
‘This allows the company to operate for substantial period with reduced income if ever required.
‘Turnover decreased compared to the previous period. The market is slow moving as it’s based on antique cars or new high spec models.
‘The new technology in the modern cars does not pose a technology risk to the company.’
Tom Hartley Cars is based on its founder’s private Derbyshire estate, which has become arguably the most recognisable site in all of the motor trade.
The accounts confirm that the business does not pay Hartley any rent for use of the iconic plot and no formal lease agreement is in place.
Elsewhere, the firm’s workforce shrank from an average of 12 to 11 over the course of the year, with staffing costs dropping slightly to £342,834 as a result.
At the end of the year, Hartley and his son Carl – the company’s only directors – did not recommend the payment of any dividends, having spent £600,000 in the previous year.
Car Dealer previously visited the Tom Hartley Estate as part of our Selling Supercars series. You can read all it here.
