Rac Motoring Services

Rac Motoring Services

Trading as: RAC Cars
#01424399 Active
B2cServices

RAC Cars is a trusted platform for buying and selling used cars, offering a user-friendly search tool, vehicle checks, and a network of RAC Approved Dealers to ensure a reliable experience.

Founded: 31/05/1979
Industries: Other service activities n.e.c.

Products

  • Car Parts
  • Electric Cars
  • Hybrid Cars
  • Used Cars

Services

  • Breakdown Cover
  • Car Financing
  • Car Inspections
  • Vehicle History Checks

Financial Snapshot

Last accounts made up to 31 December 2023
Cash in Bank £6m
↓ -14%
Turnover £517m
↑ 9%
EBITDA £91m
↓ -11%
Total Liabilities £269m
↓ -23%
Employees 3,618
↑ 2%

Directors

Role:
Chartered Accountant
Appointed:
13/04/2023
Nationality:
British
Age:
39 years
Role:
Independent Non-executive Director
Appointed:
01/09/2022
Nationality:
British
Age:
58 years
Role:
Chief Financial Officer
Appointed:
02/07/2018
Nationality:
British
Age:
51 years
Role:
Ceo
Appointed:
02/03/2017
Nationality:
British
Age:
56 years
Role:
Director
Appointed:
01/06/2015
Nationality:
British
Age:
65 years
Role:
Chairman
Appointed:
29/11/2011
Nationality:
British
Age:
67 years
Role:
Chartered Accountant
Appointed:
29/11/2011
Nationality:
British
Age:
71 years

People with Significant Control

Nature of Control:
Ownership Of Shares 75 To 100 Percent, Voting Rights 75 To 100 Percent, Right To Appoint And Remove Directors
Notified On:
06/04/2016
Nationality:
United Kingdom
Dec 2023Dec 2022Dec 2021
Income Statement
Turnover
Export Revenue
Sales
Other Operating Income
Other Operating Items
Cost of Sales
Raw Materials & Consumables
Gross Profit
Admin Expenses
Other Operating Charges
Depreciation
R&D Expenses
Operating Profit
EBITDA
Financial Revenue
Financial Expenses
Financial Profit/Loss
Interest Paid
Extraordinary Revenue
Extraordinary Expenses
Net Extraordinary Items
Pre-Tax Profit
Tax
Profit After Tax
Retained Profit
Balance Sheet
Non-Current Assets
Intangible Assets
Tangible Fixed Assets
Other Non-Current Assets
Current Assets
Stock
Debtors
Cash in Hand
Other Current Assets
Called Up Share Capital
P&L Account Reserve
Shareholder Funds
Other Shareholder Funds
Provisions
Long Term Debt
Creditors (> 1 year)
Other Non-Current Liabilities
Short Term Debt
Creditors
Creditors (< 1 year)
Other Current Liabilities
Key Metrics
Net Assets
Net Current Assets
Total Assets Less Current Liabilities
Working Capital
Enterprise Value
Added Value
Cashflow Before D&A
Other Information
Staff Costs
Number of Employees
1 shareholder available
Shareholder 1
Shares:
Percentage:
Filing Date:
Shareholder 2
Shares:
Percentage:
Filing Date:
Shareholder 3
Shares:
Percentage:
Filing Date:

Charges

13 charges registered
Deutsche Trustee Company Limited Outstanding
Created 06/05/2016

The leasehold property with title number MM7340 and the leasehold property with title number GR36560...

#014243990013 Negative Pledge
Bnp Paribas as Collateral Agent Satisfied
Created 17/12/2014
#014243990011

Properties

7 properties
Regions
4
Freehold
0
Leasehold
7
SOUTH WEST

RAC Control Centre, Great Park Road, Bradley Stoke, Bristol (BS32 4QN)

Leasehold BS32 4QN
Added 26/07/2012 SOUTH GLOUCESTERSHIRE
NORTH WEST

R A C Motoring, Thomas Street, Stretford, Manchester (M32 0HX)

Leasehold M32 0HX
Added 07/10/2013 TRAFFORD
NORTH WEST

Second Floor East and West Wing, The Victoria 150-182, The Quays, Salford (M50 3SP)

Leasehold M50 3SP
Added 20/07/2023 SALFORD
0 issuances recorded

Total Amount Raised (Valid Issuances)

Shares Issued (Valid Issuances)

Date CLASS
Shares Issued:
Price Per Share:
Amount Raised:
Filing:
Date CLASS
Shares Issued:
Price Per Share:
Amount Raised:
Filing:

Grants

No grant information available

Group Structure

Government Council Contracts Beta

Total Council Spend
£92,376.63
Across 140 transactions
Contract Period
May 2013 - Dec 2024
10 councils
Average Per Council
£9,237.66
14 avg. transactions

Council Partners

Angus Council
Blackburn With Darwen Borough Council
Cornwall Council

Company Filings

19/09/2024 Accounts

Accounts With Accounts Type Full

25/07/2024 Officers

Appoint Person Secretary Company With Name Date

28/05/2024 Confirmation Statement

Confirmation Statement With No Updates

30/04/2024 Officers

Termination Secretary Company With Name Termination Date

22/09/2023 Accounts

Accounts With Accounts Type Full

30/05/2023 Confirmation Statement

Confirmation Statement With No Updates

24/04/2023 Officers

Termination Director Company With Name Termination Date