AWR Holdings turned in losses of -£13.3m in the year to December 2025 compared to a profit of £2.4m in the prior year.
Turnover in 2025 was £904.2m compared to £623m in 2024, boosted by the acquisition of Johnsons in August last year for £60.8m.
The group is currently rebranding Brayleys and Johnson Cars as Athenea Automotive Group.
In accounts filed at Companies House AWR said the acquisition of Johnsons at the end of August 2025 was a “significant milestone” for the group
During the reporting period, AWR sold 40,945 new and used cars, vans and motorbikes including 15,462 through the Johnsons operations post-acquisition.
The accounts include an exceptional item for consultancy and legal fees of £2.9m.
AWR said the UK automotive retail sector in 2025 demonstrated a continued recovery with sales increasing to over 2 million units while the combined new and used car market reached 9.8 million cars, the highest since 20119.
“However, this volume recovery in the market was accompanied by normalising margins as supply improved, alongside continued affordability pressures for consumers due to elevated interest rates and vehicle pricing.”
“Within retail operations, the used car segment remained the primary driver of dealer performance, accounting for most transactions and delivering stable volumes and pricing through the year,” it said.