Toyota and Lexus specialist Steven Eagell delivered a “strong and resilient performance” in 2025.
Profits took a hit down 27% to £10.9m on turnover which down 4.8% to £1.04bn.
In the Strategic Report CEO Steven Eagell wrote: “Against a backdrop of normalising market conditions, revenue decreased by 4.8% year-on-year, reflecting lower vehicle volumes following exceptionally strong prior-year demand.
“Gross profit and operating profit moderated from peak levels, primarily due to softer used vehicle margins, which remained above historic norms.
Eagell commented on the pressures impacting the business, including the hike in National Insurance.
“The business also successfully navigated several external cost pressures, including a significant increase in National Insurance costs and ongoing challenges in sourcing and retaining skilled personnel in a competitive labour market.
“Despite these headwinds, the group maintained strong cost control and operational efficiency. EBITDA of £21m reflects the underlying strength of the business, with robust profitability and cash generation sustained throughout the year.”
Headcount at the group fell to 1,515 employees compared to 1,621 in the prior year.
