Lloyd Motor Group hit £1.08bn turnover in 2025, yet pre‑tax profit fell 6.6%. Discover the factors behind the dip and the group’s outlook.

Turnover Breaks the £1bn Barrier

Lloyd Motor Group, the family‑run dealership conglomerate based in Cumbria, reported a turnover of £1.08 billion for the 12 months to the end of December 2025. This represents an increase of just over 15 % compared with the previous year’s £939.78 million.

Why Did Lloyd Motor Group’s Profits Slip Even Though Turnover Surpassed £1bn?

The bulk of the revenue came from vehicle stock sales, which rose to £981.95 million from £843.84 million in 2024. Parts and servicing contributed £95.26 million, up from £84.86 million, while other sales moved marginally higher, from £11.08 million to £11.25 million.

Acquisition‑Driven Growth

Throughout 2025 the group expanded its dealer network, a strategy that added £53.82 million to turnover. In August, Lloyd Motor Group paid £10.8 million for three Jaguar Land Rover sites in Newcastle, Houghton le Spring and Stockton, acquiring them from Stratstone.

Earlier in May, the business completed a £2.4 million purchase of the Skoda Carlisle franchise from Lookers. The expansion programme continued in March with the acquisition of a Volkswagen dealership in Carlisle for £3.5 million.

Profitability Takes a Slight Hit

Despite the turnover surge, pre‑tax profit fell by 6.6 % to £16.46 million, down from £17.62 million the year before. The group attributes the decline to the cash outlay required for its acquisitions.

However, earnings before interest, tax, depreciation and amortisation (EBITDA) improved, climbing 1.7 % to £26.41 million. This metric is the key measure used in the Car Dealer Top 100 ranking.

Stock Levels and Consignment

At year‑end, Lloyd Motor Group held motor vehicle stock valued at £181.22 million, a sizeable rise from £125.64 million in 2024. An additional £25.08 million of vehicle stock was held on a consignment basis and therefore excluded from the balance sheet.

Workforce and Costs

The average headcount grew from 1,230 full‑time employees in 2024 to 1,284 in 2025. Correspondingly, staff costs increased to £66.82 million from £55.29 million the previous year.

Directors’ remuneration fell slightly to £844,000, with the highest paid director receiving £841,000.

Dividends and Future Outlook

The family‑owned group kept its dividend unchanged at £330,000 for 2025. In the directors’ statement, Sam Lloyd highlighted a commitment to “delivering a memorable experience for all customers” and emphasised “treating customers fairly” when offering finance options.

Looking ahead to 2026, Lloyd Motor Group says it remains confident of achieving a “high level of profitability” as the expansion programme continues.

Why Did Lloyd Motor Group’s Profits Slip Even Though Turnover Surpassed £1bn?