Lotus Cars

OverviewSuggest Edit

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.
TypePrivate
Founded1948
HQHethel, GB
Websitelotuscars.com
Employee Ratings3.2

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Employees (est.) (Jan 2020)749(-12%)
Revenue (FY, 2016)£73.6 M(-11%)
Cybersecurity ratingDMore

Key People/Management at Lotus Cars

Phil Popham

Phil Popham

CEO
Feng QingFeng

Feng QingFeng

CEO, Group Lotus
Geoff Dowding

Geoff Dowding

Executive Director, Sales and Aftersales
Simon Clare

Simon Clare

Executive Director, Global Marketing
Russell Carr

Russell Carr

Design Director
Matt Windle

Matt Windle

Executive Director, Engineering
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Lotus Cars Office Locations

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

Summary Metrics

Founding Date

1948

Lotus Cars total Funding

$15.2 m

Lotus Cars latest funding size

$15.20 m

Time since last funding

7 years ago
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
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Lotus Cars Revenue

Lotus Cars's revenue was reported to be £73.58 m in FY, 2016 which is a 11.8% decrease from the previous period.
GBP

Net income (FY, 2018)

620.0k
GBPFY, 1995FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

65.4m360.0k137.0m143.9m164.9m153.3m144.3m161.8m627.0k685.0k724.0k1.9m73.9m83.4m73.6m

Revenue growth, %

13%(12%)

Cost of goods sold

42.1m102.5m134.6m136.3m118.1m108.3m128.7m

Gross profit

23.3m34.5m9.3m28.6m35.2m36.0m33.1m
GBPFY, 1995FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

491.0k1.9m6.0m5.3m18.5m6.4m5.8m

Accounts Receivable

8.0m727.0k10.9m24.8m26.7m19.5m26.2m25.8m15.4m41.0k12.0k88.0k559.0k25.0k61.0k18.0k153.0k861.0k245.0k456.0k88.0k132.0k

Inventories

8.0m31.0k5.0k13.6m16.2m16.4m13.7m14.3m21.2m1.3m153.0k

Current Assets

32.4m11.7m9.8m11.0m77.3m81.7m65.7m112.5m80.7m69.3m38.6m6.3m7.2m5.4m5.5m13.4m4.7m206.9m207.4m206.8m207.0m206.6m206.6m
GBPFY, 1995FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

8.2m(222.0k)(134.0k)459.0k1.4m(43.3m)(18.2m)(2.3m)231.0k(7.4m)(5.0m)22.1m1.6m388.0k729.0k445.0k(7.1m)(287.1m)(2.1m)(902.0k)(18.3m)1.1m620.0k

Cash From Operating Activities

4.7m22.3m4.6m19.1m617.0k4.0m

Cash From Financing Activities

12.3m46.4m785.0k5.0m(3.2m)

Net Change in Cash

4.4m2.3m11.7m18.4m10.2m3.0m
GBPFY, 1995

Financial Leverage

1.7 x
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Lotus Cars Operating Metrics

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

Monthly New Car Registrations (UK)

16 39 32 24 20 9 1
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Lotus Cars Cybersecurity Score

Cybersecurity ratingPremium dataset

D

66/100

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Lotus Cars Online and Social Media Presence

Embed Graph

Lotus Cars Blogs

London Concours & Concours of Elegance

Evija will be making an appearance at both events. The post London Concours & Concours of Elegance appeared first on Lotus Cars.

Lotus launches new Certificate of Provenance programme

(Hethel, UK – 10 August 2020) – Lotus is launching a new Certificate of Provenance programme, revealing the first recipient as a stunning and celebrated Turbo Esprit that was the final ‘company car’ of Lotus founder Colin Chapman. The 1981 model, which was also driven by UK Prime Minister Margaret T…

The new Lotus Olympic track bike

This is the week it would have made its debut in Tokyo. The post The new Lotus Olympic track bike appeared first on Lotus Cars.

Lotus appoints new retailer in Scotland

New Lotus retailer in the west of Scotland for the first time in 15 years. The post Lotus appoints new retailer in Scotland appeared first on Lotus Cars.

Lotus Cars to establish a new advanced technology centre.

Lotus Cars will establish a new advanced technology centre in Wellesbourne, UK. The post Lotus Cars to establish a new advanced technology centre. appeared first on Lotus Cars.

Exige: the Genesis of a Lotus

Read about how it all started... The post Exige: the Genesis of a Lotus appeared first on Lotus Cars.
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Lotus Cars Frequently Asked Questions

  • When was Lotus Cars founded?

    Lotus Cars was founded in 1948.

  • Who are Lotus Cars key executives?

    Lotus Cars's key executives are Phil Popham, Feng QingFeng and Geoff Dowding.

  • How many employees does Lotus Cars have?

    Lotus Cars has 749 employees.

  • Who are Lotus Cars competitors?

    Competitors of Lotus Cars include Automotive Group, Lynch South West and Birchwood Garages.

  • Where is Lotus Cars headquarters?

    Lotus Cars headquarters is located at Potash Ln, Hethel.

  • Where are Lotus Cars offices?

    Lotus Cars has an office in Hethel.

  • How many offices does Lotus Cars have?

    Lotus Cars has 1 office.