Marriott Holdings upped its performance in 2025 with pre-tax profits up 112% to £609,042 on turnover down almost 1% to £194.8m.
In accounts filed at Companies House the family owned group, which has dealerships in Bury St Edmunds, Ipswich and Kings Lynn, commented on the growth of the new car market in 2025 to reach 2.021 million units, its highest level since 2019.
“Although business buyers continue to dominate new car sales, private demand has recovered as buyers take advantage of competitive pricing and discounts.
“A wider choice of brands, including an influx of new Chinese entrants, has stimulated market activity,” it said.
Among the brands it represents, it said Volkswagen strengthened its position as the UK’s most popular brand, with an 8.84% market share while Skoda’s continued to grow, reaching 4.12%. It added that Audi’s share fell sharply to 5.50%,
It said its new vehicle turnover decreased by 5.8%, largely due to lower new car sales volumes, with “substantial reductions” in both fleet and Motability sales.
“Despite challenging market conditions, our new retail sales volumes increased by 8.6%, helping to offset these declines.
“Management focus and support for the new retail business enabled us to increase gross profit per unit significantly. However, lower gross profit from other new vehicle sales channels offset these gains, leaving the group’s gross profit largely unchanged from the previous year.”
During the year, it relocated its TPS Ipswich parts operation to a new facility and agreed to open a new spoke operation in Colchester.
