8:52 am, June 9, 2026
The Trade Centre Group bounced back in 2025, returning to profit and posting record turnover.
New accounts filed with Companies House show the Neath-based business turned a pre-tax profit of £6.2m in the year to November 30, 2025, compared with a loss of £5.4m a year earlier.
Turnover increased to a record £283.4m, up from £275.3m in 2024, while adjusted EBITDA climbed from £4.3m to £9.2m as the business benefited from improving margins and operational efficiencies.
The company, which operates sites under The Trade Centre UK brand in Wales, Coventry, Rochdale and Rotherham, said the performance showed a more ‘stable’ used car market in 2025.
In its strategic report, director Gavin Morgans said: ‘The directors are pleased with the company’s performance during the year, which reflected a significant improvement in profitability and margins.
‘Whilst economic conditions continue to be characterised by uncertainty and pressure on consumer disposable income, market conditions were more stable than in 2024.’
The report also noted that the company’s transformation plan introduced in previous years had a major impact on the improved results.
Gross profit rose to £29.9m from £25.7m, while gross margin improved from 9.3% to 10.6%.
Vehicle volume also rose during the year, climbing to 34,225 from the 33,538 achieved the year before.
Revenue generated from vehicle sales reached £256.7m, up from £247.1m the previous year.
The improved profitability comes after Trade Centre Group booked exceptional costs of £6.2m in its 2024 accounts relating largely to the closure of its small-format Birmingham South store and associated restructuring activities. No exceptional costs were reported in the latest financial year.
Despite the stronger performance, average employee numbers fell from 675 to 638 during the year.
During 2025, Trade Centre Group declared an interim dividend of £53.43 a share, up from the £40.00 of 2024, amounting to a total dividend of £2.7m (2024: £2.0m).
Looking ahead, Morgans said the business remained focused on ‘operational efficiency, pricing discipline and effective inventory management’.
