290224 MT Chapelhouse Southport PR8 3NG
PHIL CLAY
Chapel House Holdings turned in a strong performance in the year to June 2025 with pre-tax profits up 27.8% to £2.3m on turnover down 7.2% to £109.5m.
It said the reduction in turnover was expected with the restructure of brands. Gross margin increased from 11.4% to 12.65%, due to a strong focus on the new brands.
Gross profit increased from £13.5m to £13.9m with operating profit increasing from £1.9m to £2.3m.
“Expenses were a major focus for the business and were reduced below our previous years level,” it said in results filed at Companies House.
“The group continues to enjoy long term business relationships with both NatWest, Suzuki GB and MG.
“We have recently added the Chery Organisation brands of Omoda and Jaecoo and look forward to working with them to establish a successful partnership.”
In early 2024 Chapel House managing director Phil Clay told Motor Trader: Chapel House managing director Phil Clay told Motor Trader: “I talked to quite a few of the new Chinese brands that were coming over and for me it was important to get a brand that was aligned with our business.
“The brand that stood out for me was Chery. Most of the Chinese brands coming over are full EV and at this moment in time I don’t think the infrastructure is quite where it needs to be. Chery is bringing over ICE vehicles initially and hybrid vehicles, and they’re bringing over a full battery EV.
“So yes, I’ve agreed to do two locations. They are well priced, good quality products that I think will do well in the UK,” said Clay.
