Day’s Motor Group and Waddell company results
17 June 2024
Swansea’s Day’s Motor Group, which has 19 sites across Wales (and claims the second-largest market share for Ford in the UK), has reported profit before tax of £30.3m in the year ended December 2023, down slightly from 2022’s £32.7m profit. Turnover increased from £257m to £284m.
Delayed 2022 results for Peter Waddell Holdco, which trades as Big Motoring World, posted profit before tax of £1.9m, up from a loss before tax of £985k in 2021. Turnover grew significantly, from £374m to £533m. Freshstream LLP also became a 35% shareholder during the year.
In March 2023, Freshstream removed Waddell from the business. He is now suing in the High Court.
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