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Vertu Motors

Vertu Motors

Revenue

£3.6 B

FY, 2022

Market Capitalization

£205.9 M

2023-01-20

Vertu Motors Summary

Company summary

Overview
Vertu Motors plc was formed in late 2006 to acquire and consolidate UK motor retail businesses. It was founded as a new entrant into the UK motor retail sector and is listed on the AIM market (UK:VTU). The Vertu Motors group operates a nationwide chain of franchised motor dealerships offering sale, servicing, parts and bodyshop facilities for new and used car and commercial vehicles. The group operates many of its dealerships as Bristol Street Motors. Bristol Street Motors originated nearly 100 years ago as a single Ford dealership located on Bristol Street in central Birmingham. Since those early days the business has grown to become one of the largest automotive retail brands in the UK. The Group also operates a number of Premium franchise dealerships such as Volvo, Volkswagen and Land Rover and Jaguar and is the largest operator of Honda dealerships in the UK. In 2010 Vertu Motors expanded into Scotland, trading under the Macklin Motors brand. Vertu Motors plc is now the 6th largest motor retailer in the United Kingdom and was awarded the Motor Trader Dealer Group of the Year award in 2008 and was Best Dealer Group in the 2012 Motability Supplier Awards.
Type
Public
Status
Active
Founded
2007
HQ
Gateshead, GB | view all locations
Website
http://www.vertumotors.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key people

  • Karen Anderson

    Karen Anderson, CFO & Director

    • Andrew Goss

      Andrew Goss, Non-Executive Chairman

      • Robert Forrester

        Robert Forrester, CEO & Director

        • David Crane

          David Crane, COO & Director

          LocationsView all

          2 locations detected

          • Gateshead, England HQ

            United Kingdom

            Vertu House

          • Durham, England

            United Kingdom

            1 Abbey Rd, Pity Me

          Vertu Motors Financials

          Summary financials

          Revenue (H1, 2023)
          £2.0B
          Gross profit (H1, 2023)
          £238.6M
          Net income (H1, 2023)
          £21.5M
          Cash (H1, 2023)
          £85.9M
          EBIT (H1, 2023)
          £30.0M
          Enterprise value
          $273.2M

          News

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