Trust Group Uk

Trust Group UK is managed by its founders Andrew Hockedy, Managing Director and Nigel White, Finance Director. Selling Volkswagen's and Skoda's. Along with a wide selection of used cars. We service, repair and MOT cars and provide genuine manufacturers parts.

Their shared philosophy is one of delivering excellent customer care through close management of the daily activity at all individual locations.

A wealth of previous motor trade experience has helped format processes and controls within each business centered on customers – Trust Group UK call this a ‘customer centric’ approach which places customers at the core of everything they do.

The individual dealerships are managed through experienced Volkswagen and Skoda Approved Brand Managers who have successfully completed the Volkswagen Academy Brand Manager assessment and as such are accredited to represent the brand.

Redditch, GB
Trust Group Uk is headquartered in Redditch, GB

Trust Group Uk Office Locations

Trust Group Uk has an office in Redditch
Redditch, GB (HQ)
Washford Dr

Trust Group Uk Data and Metrics

Trust Group Uk Financial Metrics

Trust Group Uk's revenue was reported to be £73.2 m in FY, 2016 which is a 4% decrease from the previous period.

Revenue (FY, 2016)

73.2 m

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


Gross profit (FY, 2016)

4.2 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

644.4 k

Cash (31-Dec-2016)

909.2 k
GBPFY, 2013FY, 2014FY, 2015FY, 2016


61.1 m71.3 m76.2 m73.2 m

Revenue growth, %


Cost of goods sold

54.6 m64.2 m69.8 m69 m

Gross profit

6.5 m7.1 m6.4 m4.2 m

Gross profit Margin, %


Pre tax profit

961.8 k1.3 m816.5 k840.5 k

Net Income

971 k775 k592 k644.4 k
GBPFY, 2013FY, 2014FY, 2015FY, 2016


4.2 k18 k585.1 k909.2 k

Accounts Receivable

907.3 k1.1 m1.6 m1.3 m

Current Assets

9 m10.8 m10.9 m10.4 m


1.2 m1.3 m1.9 m2.3 m


280.7 k101.3 k74.3 k47.3 k

Total Assets

10.5 m12.2 m12.9 m12.7 m

Accounts Payable

3.1 m3.9 m4 m5.4 m

Current Liabilities

8.3 m10.1 m10.8 m10.6 m

Total Liabilities

8.4 m10.1 m11 m10.7 m

Retained Earnings

422.7 k54.8 k(213.9 k)131.9 k

Total Equity

2.1 m2.1 m1.9 m2 m

Financial Leverage

5.1 x5.8 x6.8 x6.2 x
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Cash From Operating Activities

1 m1.9 m2.3 m917.2 k

Cash From Financing Activities

(476.2 k)(1.2 m)(1.2 m)

Income Taxes Paid

9.2 k(555.6 k)(224.5 k)(196.1 k)
Y, 2016

Financial Leverage

6.2 x

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