Lotus Cars

Group Lotus plc, wholly-owned subsidiary of DRB-HICOM, is based in Norfolk, UK. Lotus Cars builds world class, high performance sports cars including the award-winning Evora, the iconic Elise and the stunning Exige. Lotus Engineering provides comprehensive and versatile consultancy services to many of the world's OEMs and Tier 1 suppliers and is an internationally recognised automotive engineering consultancy. Global facilities include those in the US, China and offices in Germany and Japan. Lotus is a global high-tech company, committed to driving forward technology for both Lotus Cars and its Engineering clients, spearheading research into such areas as hybrids, electric vehicles and renewable fuels.
Company Growth (employees)
Type
Private
HQ
Hethel, GB
Founded
1948
Size (employees)
562 (est)
Lotus Cars was founded in 1948 and is headquartered in Hethel, GB

Lotus Cars Office Locations

Lotus Cars has an office in Hethel
Hethel, GB (HQ)
Potash Ln

Lotus Cars Data and Metrics

Summary Metrics

Founding Date

1948

Total Funding

$15.2 m

Latest funding size

$15.2 m

Time since last funding

over 3 years
Lotus Cars's latest funding round in November 2013 was reported to be $15.2 m. In total, Lotus Cars has raised $15.2 m

Lotus Cars Financial Metrics

Lotus Cars's revenue was reported to be £73.6 m in FY, 2016 which is a 12% decrease from the previous period.
GBP

Revenue (FY, 2016)

73.6 m

Revenue growth (FY, 2015 - FY, 2016), %

(12%)

Gross profit (FY, 2016)

9.7 m

Gross profit margin (FY, 2016), %

13%

Net income (FY, 2016)

(18.3 m)
GBPFY, 2014FY, 2015FY, 2016

Revenue

73.9 m83.4 m73.6 m

Revenue growth, %

13%(12%)

Cost of goods sold

74.8 m73.6 m63.9 m

Gross profit

(938 k)9.8 m9.7 m

Gross profit Margin, %

(1%)12%13%

Operating expense total

61 m

Pre tax profit

(2.1 m)(902 k)(18.3 m)

Net Income

(2.1 m)(902 k)(18.3 m)
GBPFY, 2014FY, 2015FY, 2016

Accounts Receivable

861 k245 k456 k

Current Assets

207.4 m206.8 m207 m

PP&E

83.6 m76.8 m

Goodwill

16.8 m13.9 m

Total Assets

224.1 m304.2 m283.7 m

Current Liabilities

215.1 m212.5 m210.3 m

Total Liabilities

215.1 m212.5 m210.3 m

Retained Earnings

(2.1 m)(902 k)(18.3 m)

Total Equity

9.1 m91.8 m73.4 m

Financial Leverage

24.7 x3.3 x3.9 x
GBPFY, 2016

Income Taxes Paid

(5 k)
Y, 2016

Financial Leverage

3.9 x

Lotus Cars Operating Metrics

Jan, 2016Feb, 2016Mar, 2016Apr, 2016May, 2016Jun, 2016Jul, 2016

Monthly New Car Registrations (UK)

163932242091

Traffic Overview of Lotus Cars

Lotus Cars Online and Social Media Presence

Lotus Cars News and Updates

Use Brexit to turbocharge the UK economy in this 4th Industrial Revolution

Thirty years ago, Big Bang launched a wave of technological change, transforming the City’s fortunes and securing its future. Facing down vested interests and naysayers, the Thatcher government understood that championing innovation would turbo-charge Britain’s economy – and seized the day. June’…

Lotus Cars Company Life and Culture

You may also be interested in