Toomey Motor Group Limited

Toomey Motor Group Ltd from Basildon UK: large company, holding company, active status, founded 87 years ago, 351 employees, £36,029,099 assets, yearly revenue: £289,609,658, virtual address, 8 directors, 1 owner, e-commerce site, google rating 4.0 based on 516 reviews. Irregular exporter of vehicles, parts, and accessories (not for trains or trams) (1 months exported). Toomey Motor Group is a sizable, holding company with a long history, having been established eighty-seven years ago. It employs 351 people and boasts substantial assets of £36 million, generating a yearly revenue of nearly £290 million. The company operates from a virtual address, which is a bit unusual, and is overseen by eight directors and a single owner. It has a strong online presence with an e-commerce site and a respectable 4.0 Google rating from over 500 reviews. The company also exports vehicles, parts, and accessories, though it’s an irregular exporter, with only one month of exports recorded in the last year.

Toomey Motor Group operates a network of dealerships across Essex, selling new and used cars from brands like Hyundai, Vauxhall, Citroen, Dacia, MG, Nissan, Peugeot, Renault, and Abarth. Their website highlights a wide range of services, including vehicle valuation, finance options, and even electric vehicle benefits. The company also has a strong focus on customer service, with numerous positive reviews praising their helpful staff and informative advice. They even have a dedicated section for Motability customers, demonstrating a commitment to accessible vehicle ownership. The website also includes a timeline of the company’s history, starting with a humble motorcycle business in 1929 and evolving into the multi-brand operation it is today.

Financially, Toomey Motor Group shows a mixed picture. While cash reserves increased by a substantial 44%, indicating improved liquidity, bank borrowings also rose, suggesting increased reliance on debt financing. Creditors decreased, which is a positive sign, but administrative expenses increased by nearly 7%, potentially reflecting rising operational costs. The company’s net assets grew by 21%, however, and profits increased by a healthy 68%, which is a strong indicator of overall performance. Despite the lack of an auditor mentioned, the company’s substantial revenue and asset base suggest a relatively stable financial position. The company's workforce also increased by 7.4%, which could be a result of the growing demand for their services.

Registered in England/Wales under the registration number 00335325, with a registered address at SS15 6RW, Basildon, Essex, Service House, West Mayne.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.