Westgate Motor Group

Westgate Motor Group has been trading since January 1988 and is a Private Limited Company, with Robert Addison the owner and Managing Director. The business has expanded from a single Honda dealership to three franchised dealerships, including SEAT which began trading in 2002, and more recently ŠKODA. Westgate Motor Group have been acknowledged by Honda UK for achieving the ‘Dealer of the Year’ Award in 1992 and 2000. The business also been recognised with several other Motor Industry Awards including being one of only three Honda Dealers in the country to achieve over 80% in Customer Service in both Sales and Aftersales. In 2011 Westgate Motor Group were the winner of the ‘Aftersales Customer Service Excellence’ Award, presented by Honda UK, the business achieved the Seat ‘Dealer of the Year’ Award and has been continuously in the top ten SEAT dealerships in the UK for Sales and Aftersales. More recently the business achieved the 2014 ŠKODA ‘Retailer of the Year’ Award. Westgate Motor Group has continued to grow and now employs in excess of 40 staff members and sells over 1,000 new and used cars a year. The success of the business is driven by the staff and as a business we actively encourage manufacturers training.
Type
Private
HQ
Grimsby, GB
Founded
1988
Size (employees)
40 (est)
Westgate Motor Group was founded in 1988 and is headquartered in Grimsby, GB

Westgate Motor Group Office Locations

Westgate Motor Group has an office in Grimsby
Grimsby, GB (HQ)
Moody Ln

Westgate Motor Group Data and Metrics

Summary Metrics

Founding Date

1988

Westgate Motor Group Financial Metrics

Westgate Motor Group's revenue was reported to be £26.7 m in FY, 2015 which is a 2% increase from the previous period.
£, GBP

Revenue (FY, 2015)

26.7 m

Revenue growth (FY, 2014 - FY, 2015), %

2%

Net income (FY, 2015)

410 k

Cash (31-Dec-2015)

504.4 k
£, GBPFY, 2013FY, 2014FY, 2015

Revenue

20.8 m26.3 m26.7 m

Revenue growth, %

26%2%

Cost of goods sold

19.8 m

Gross profit

1.1 m

Gross profit Margin, %

5%

Operating expense total

628.5 k

Pre tax profit

454.3 k526.7 k519.5 k

Net Income

353.1 k411.8 k410 k
£, GBPFY, 2013FY, 2014FY, 2015

Cash

2.5 k2.1 k504.4 k

Accounts Receivable

302.8 k669.8 k268.5 k

Current Assets

3.8 m3.8 m3.9 m

PP&E

1.2 m1.2 m1.4 m

Total Assets

5 m4.9 m5.3 m

Accounts Payable

2.1 m1.8 m1.8 m

Current Liabilities

3.2 m2.9 m2.9 m

Retained Earnings

253.1 k311.8 k330 k

Total Equity

1.7 m2 m2.3 m

Financial Leverage

2.9 x2.5 x2.3 x
£, GBPFY, 2013FY, 2014FY, 2015

Cash From Operating Activities

(147.6 k)238.4 k1.5 m

Cash From Financing Activities

306.8 k(16.2 k)(126.8 k)

Income Taxes Paid

(101.2 k)(114.9 k)(109.4 k)
Y, 2015

Financial Leverage

2.3 x

Westgate Motor Group Online and Social Media Presence

Westgate Motor Group Company Life and Culture

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