Registered number
09631875
Vehicle Movement Exchange UK Ltd
Report and Financial Statements
31 December 2025
Vehicle Movement Exchange UK Ltd
Report and accounts
Contents
Page
Company information 1
Directors' report 2
Strategic report 4
Independent auditors' report 5
Income statement 8
Statement of financial position 9
Statement of changes in equity 10
Statement of cash flows 11
Notes to the financial statements 12
Vehicle Movement Exchange UK Ltd
Company Information
Directors
C J Clibbery
M B Jannaway
S Coates
M Dunphy
Auditors
CK Audit
No4 Castle Court 2
Castlegate Way
Dudley
West Midlands
DY1 4RH
Registered office
10th Floor City Centre House
7 Hill Street
Birmingham
B5 4UA
Registered number
09631875
Vehicle Movement Exchange UK Ltd
Registered number: 09631875
Directors' Report
The directors present their report and financial statements for the year ended 31 December 2025.
Principal activities
The Company’s principal activity is the provision of technology-enabled vehicle movement, logistics and associated services through its proprietary online platform and nationwide supplier network.
Business review and future developments
The Company continues to develop its vehicle movement service offering and supporting technology.
Research and development
The Company continued to invest in research and development during the year, focused on its technology and operational systems.
Financial instrument risk
The company does not use financial instruments as part of its risk management
Events since the balance sheet date
Since the year end the Company has continued to trade and has strengthened its leadership team through the appointment of a new Chief Executive Officer.
Directors
The following persons served as directors during the year:
C J Clibbery
M B Jannaway
S Coates
M Dunphy
Directors' responsibilities
The directors are responsible for preparing the report and financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Financial Reporting Standard 102 and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:
● select suitable accounting policies and then apply them consistently;
● make judgements and estimates that are reasonable and prudent;
● state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
● prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Auditor
In accordance with the company's articles a resolution proposing that CK Audit be reappointed as auditor of the company will be put at a General Meeting.
Disclosure of information to auditors
Each person who was a director at the time this report was approved confirms that:
● so far as he is aware, there is no relevant audit information of which the company's auditor is unaware; and
● he has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditor is aware of that information.
This report has been prepared in accordance with the provisions applicable to companies entitled to the medium-sized companies exemption.
This report was approved by the board on 23 September 2026 and signed on its behalf.
C J Clibbery
Director
Vehicle Movement Exchange UK Ltd
Strategic Report
The directors present their strategic report for the year ending 31 December 2025.
Review of the business
The Company operates a technology-enabled vehicle movement platform supported by a nationwide supplier network and internally developed systems.
The wider automotive market faced challenges during 2025. Lower levels of vehicle replacement activity in certain sectors affected movement volumes, which remained below original expectations during parts of the year.
The business delivered year-on-year growth in vehicle movements during 2025 and continued to manage its pricing, operational performance and customer base across automotive sectors.
Turnover increased to £19.9 million during the year (2024: £18.5 million), resulting in a profit after tax of £650,684 (2024: £515,021).
Principal risks and uncertainties
The principal risks and uncertainties facing the business include fluctuations in customer movement volumes and wider automotive market activity, competitive pricing pressure, maintaining sufficient supplier network quality and capacity, operational execution and service delivery risk, technology scalability and cybersecurity risk, recruitment and retention of skilled personnel, customer concentration risk and inflationary pressure impacting labour and operating costs
The Board continues to monitor these risks through regular operational, financial and strategic review processes.
Technology and product development
During the year the Company continued to invest in the development and maintenance of its technology and operational systems which remain central to the Company's long-term strategy.
Liquidity Risk
The directors believe the Company maintains sufficient working capital and liquidity to support ongoing operations and future growth plans.
Key performance indicators
The directors monitor a range of operational and financial key performance indicators to assess business performance and support decision-making. These include movement volumes, revenue and profitability, service performance, supplier utilisation, automation and efficiency, customer service metrics and working capital performance.
Outlook
The Board remains confident in the long-term opportunity for the business and its strategic direction. 2025 demonstrated continued progress. The Company will continue to monitor market conditions and manage its customer relationships, supplier network, technology and operational infrastructure
This report was approved by the board on 23 September 2026 and signed on its behalf.
C J Clibbery
Director
Vehicle Movement Exchange UK Ltd
Independent auditors' report
to the members of Vehicle Movement Exchange UK Ltd
Opinion
We have audited the financial statements of Vehicle Movement Exchange UK Ltd (the 'company) for the year ended 31 December 2025 which comprise the Income Statement, the Statement of Comprehensive Income, the Statement of Financial Position, the Statement of Changes in Equity, the Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
In our opinion the accounts:
● give a true and fair view of the state of the company's affairs as at 31 December 2025 and of its profit for the year then ended;
● have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
● have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
Other information
The other information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and , except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this or other information, we are required to report that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of our audit:
● the information given in the strategic report and the directors’ report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
● the strategic report and the directors’ report have been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the directors’ report.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
● adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
● the financial statements are not in agreement with the accounting records and returns; or
● certain disclosures of directors’ remuneration specified by law are not made; or
● we have not received all the information and explanations we require for our audit.
Responsibilities of directors
As explained more fully in the directors’ responsibilities statement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the directors are responsible for assessing the company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.
Auditor’s responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Extent to which the audit was considered capable of detecting irregularities, including fraud
The extent to which our procedures are capable of detecting Irregularities, including fraud, is detailed below.
We identified and assessed the risks of material misstatement of the financial statements, in respect of irregularities whether due to fraud or error, or non compliance with laws and regulations and then designed and performed audit procedures responsive to those risks, including obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion.
In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following:
We obtained an understanding of the legal and regulatory frameworks that are applicable to the Company by discussion and enquiry with the directors and management team and our general knowledge and experience of the vehicle movement industry.
We focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006, taxation legislation, data protection, employment, and health and safety legislation;
We assessed the extent of compliance with the laws and regulations identified above through making enquiries of management, reviewing correspondence with relevant regulators and reviewing board minutes.
Audit responses to risks identified
We assessed the susceptibility of the Company’s financial statements to material misstatement, including how fraud might occur. Audit procedures performed included but were not limited to:
- Discussions with directors and management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud;
- Confirming our understanding of controls by performing a walk through test or observation and enquiry;
- Performing analytical procedures to identify any unusual or unexpected relationships;
- Challenging assumptions and judgements made by management in accounting for collections in progress at the year end, including estimation of success rate;
- Identifying and testing journal entries;
- Reviewing unusual or unexpected transactions; and
- Agreeing the financial statement disclosures to underlying supporting documentation.
Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.
Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.
A further description of our responsibilities is available on the Financial Reporting Council's website at https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.
Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.
Frances Clapham
(Senior Statutory Auditor) No4 Castle Court 2
for and on behalf of Castlegate Way
CK Audit Dudley
Accountants and Statutory Auditors West Midlands
23 September 2026 DY1 4RH
Vehicle Movement Exchange UK Ltd
Income Statement
for the year ended 31 December 2025
Notes 2025 2024
£ £
Turnover 2 19,889,392 18,467,543
Cost of sales (14,186,348) (13,282,504)
Gross profit 5,703,044 5,185,039
Administrative expenses (4,906,888) (4,525,236)
Operating profit 3 796,156 659,803
Interest payable 6 (12,062) (67,669)
Profit on ordinary activities before taxation 784,094 592,134
Tax on profit on ordinary activities 7 (133,410) (77,113)
Total comprehensive income for the financial year 650,684 515,021
The income statement has been prepared on the basis of all operations continuing.
The company has no recognised gains or losses other than above.
The notes form part of these financial statements
Vehicle Movement Exchange UK Ltd
Registered number: 09631875
Statement of Financial Position
as at 31 December 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 8 20,423 17,834
Current assets
Debtors 9 3,322,028 3,303,639
Debtors:amounts due after one year 10 - 294,170
Cash at bank and in hand 1,211,045 134,970
4,533,073 3,732,779
Creditors: amounts falling due within one year 11 (1,307,078) (1,150,712)
Net current assets 3,225,995 2,582,067
Total assets less current liabilities 3,246,418 2,599,901
Creditors: amounts falling due after more than one year 12 - (4,167)
Net assets 3,246,418 2,595,734
Capital and reserves
Called up share capital 15 31,274 31,274
Share premium 16 5,866,428 5,866,428
Profit and loss account 17 (2,651,284) (3,301,968)
Total equity 3,246,418 2,595,734
The financial statements have been prepared and delivered in accordance with the special provisions applicable to companies subject to the medium companies regime.
C J Clibbery
Director
Approved by the board on 23 September 2026
The notes form part of these financial statements
Vehicle Movement Exchange UK Ltd
Statement of Changes in Equity
for the year ended 31 December 2025
Share Share Profit Total
capital premium and loss
account
£ £ £ £
At 1 January 2024 31,274 5,866,428 (3,816,989) 2,080,713
Profit for the financial year 515,021 515,021
At 31 December 2024 31,274 5,866,428 (3,301,968) 2,595,734
At 1 January 2025 31,274 5,866,428 (3,301,968) 2,595,734
Profit for the financial year 650,684 650,684
At 31 December 2025 31,274 5,866,428 (2,651,284) 3,246,418
Vehicle Movement Exchange UK Ltd
Statement of Cash Flows
for the year ended 31 December 2025
Notes 2025 2024
£ £
Operating activities
Profit for the financial year 650,684 515,021
Adjustments for:
Interest payable 12,062 67,669
Tax on profit on ordinary activities 133,410 77,113
Depreciation 15,388 15,250
Decrease/(increase) in debtors 142,371 (443,295)
Increase/(decrease) in creditors 218,999 (404,796)
1,172,914 (173,038)
Interest paid (12,062) (67,669)
Corporation tax received - 92,375
Cash generated by/(used in) operating activities 1,160,852 (148,332)
Investing activities
Payments to acquire tangible fixed assets (17,977) (12,572)
Cash used in investing activities (17,977) (12,572)
Financing activities
Repayment of loans (66,800) (73,027)
Cash used in financing activities (66,800) (73,027)
Net cash generated/(used)
Cash generated by/(used in) operating activities 1,160,852 (148,332)
Cash used in investing activities (17,977) (12,572)
Cash used in financing activities (66,800) (73,027)
Net cash generated/(used) 1,076,075 (233,931)
Cash and cash equivalents at 1 January 134,970 368,901
Cash and cash equivalents at 31 December 1,211,045 134,970
Cash and cash equivalents comprise:
Cash at bank 1,211,045 134,970
The notes form part of these financial statements
Vehicle Movement Exchange UK Ltd
Notes to the Accounts
for the year ended 31 December 2025
1 Summary of significant accounting policies
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover comprises revenue earned from the rendering of services and is recognised by reference to completed services provided.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Computers and equipment over 3 Years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are recognised at transaction price including any transaction costs.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are recognised at transaction price net of any transaction costs.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Analysis of turnover 2025 2024
£ £
Services rendered 19,889,392 18,467,543
By geographical market:
UK 19,889,392 18,467,543
The turnover and profit for the year has been derived from its principal activities.
3 Operating profit 2025 2024
£ £
This is stated after charging:
Depreciation of owned fixed assets 15,388 15,250
Operating lease rentals - land and buildings 272,095 284,387
Research and development expenditure 339,877 347,845
Auditors' remuneration for audit services 11,278 13,000
4 Directors' emoluments 2025 2024
£ £
Remuneration for qualifying services 144,286 129,938
5 Staff costs 2025 2024
£ £
Wages and salaries 3,059,839 2,733,294
Social security costs 383,205 179,327
Other pension costs 59,933 30,921
3,502,977 2,943,542
Average number of employees during the year Number Number
Administration 79 70
6 Interest payable 2025 2024
£ £
Bank loans and overdrafts 12,062 67,669
7 Taxation 2025 2024
£ £
Analysis of charge in period
Current tax:
Adjustments in respect of previous periods - (397)
Deferred tax:
Origination and reversal of timing differences 133,410 77,510
Tax on profit on ordinary activities 133,410 77,113
Factors affecting tax charge for period
The differences between the tax assessed for the period and the standard rate of corporation tax are explained as follows:
2025 2024
£ £
Profit on ordinary activities before tax 784,094 592,134
Standard rate of corporation tax in the UK 25.00% 25.00%
£ £
Profit on ordinary activities multiplied by the standard rate of corporation tax 196,024 148,034
Effects of:
Expenses not deductible for tax purposes 2,883 1,354
Enhanced research and development (69,966) (71,878)
Capital allowances for period in excess of depreciation (647) 670
Utilisation of tax losses (128,294) (78,180)
Adjustments to tax charge in respect of previous periods - (397)
Current tax charge for period - (397)
Factors that may affect future tax charges
The provision for deferred tax is calculated based on tax rates enacted or substantially enacted at the balance sheet date. The rate of corporation tax at 1 April 2025 is 25%. It is expected that the deferred tax will unwind at the rate of 25%.
8 Tangible fixed assets
Computer Equipment
£ £
Cost
At 1 January 2025 55,366
Additions 17,977
Disposals (4,484)
At 31 December 2025 68,859
Depreciation
At 1 January 2025 37,532
Charge for the year 15,388
On disposals (4,484)
At 31 December 2025 48,436
Carrying amount
At 31 December 2025 20,423
At 31 December 2024 17,834
9 Debtors 2025 2024
£ £
Trade debtors 2,717,852 2,922,466
Deferred tax asset see note 13 380,875 220,115
Prepayments and accrued income 223,301 161,058
3,322,028 3,303,639
10 Debtors: amounts falling due after one year 2025 2024
£ £
Deferred tax asset see note 13 - 294,170
11 Creditors: amounts falling due within one year 2025 2024
£ £
Bank loans 4,167 66,800
Trade creditors 453,889 179,488
Corporation tax 18,775 18,775
Other taxes and social security costs 404,341 382,373
Accruals and deferred income 425,906 503,276
1,307,078 1,150,712
12 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans - 4,167
Of the bank loans £0 ( 2024 £56,800) is secured by a fixed and floating charge over the company's assets.
13 Deferred taxation 2025 2024
£ £
Accelerated capital allowances (2,340) 4,458
Tax losses carried forward (378,535) (518,743)
(380,875) (514,285)
2025 2024
£ £
At 1 January (514,285) (591,795)
Charged to the profit and loss account 133,410 77,510
At 31 December (380,875) (514,285)
Amount and explanation of expected reversal of deferred tax :
Current debtors ( due within 1 year) Note 9 380,875 220,115
Longer term debtors Note 10 - 294,170
380,875 514,285
14 Share based payments
On 20 March 2018 the company introduced an EMI Option agreement with a maximum pool of 2,500,000 ordinary £0.001p shares. On 9 June 2023 the Board passed a resolution to increase the pool to 6,200,000 options. The options are to be exercised over a period of not less than 4 years (with a 1 year cliff) from the commencement of the option holders date of employment. Options to be exercised no earlier than 1 year and no later than 10 years from the agreement date. Cumulative options exercised to date are 1,357,927 shares and exercisable share options are 1,361,164 shares resulting in a headroom of 3,480,909 shares.
No of Share options
2025 2024
Outstanding at 1 January ( Restated) 3,480,909 4,388,126
Granted in year - (907,217)
Exercised or lapsed - -
Outstanding 31 December ( Restated) 3,480,909 3,480,909
Details of share options are restated for 2024.
The weighted average exercise price of the exercisable balance is £0.06028
15 Share capital
Nominal 2025 2024
value Number £ £
Allotted, called up and fully paid
Ordinary shares £0.001 each 31,274,734 31,274 31,274
16 Share premium 2025 2024
£ £
At 1 January 5,866,428 5,866,428
At 31 December 5,866,428 5,866,428
17 Profit and loss account 2025 2024
£ £
At 1 January (3,301,968) (3,816,989)
Profit for the financial year 650,684 515,021
At 31 December (2,651,284) (3,301,968)
18 Defined contribution pension plans
The company offers a defined contribution scheme for the benefit of certain employees. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £59,933 (2024 £30,921)
19 Other financial commitments
Total future minimum lease payments under non-cancellable operating leases:
Land and buildings Land and buildings Other Other
2025 2024 2025 2024
£ £ £ £
Falling due:
within one year 50,756 253,782 - -
within two to five years - 42,297 - -
50,756 296,079 - -
20 Analysis of changes in net debt
At 1 January Cash flows Other non cash changes At 31 December
2025 2025
£ £ £ £
Cash and cash equivalents
Cash 134,970 1,076,075 1,211,045
Borrowings
Debt due within one year (66,800) 62,633 (4,167)
Debt due after one year (4,167) 4,167 -
(70,967) 66,800 - (4,167)
Total 64,003 1,142,875 - 1,206,878
21 Related party transactions
Vehicle Movement Exchange UK during the year traded on normal commercial terms with related companies as follows:-
C J Clibbery who is a director of the company is also the principal shareholder and director of CJC Automotive Business Solutions Ltd Turnover Year end creditor
2025 144,289 22,458
2024 129,938 20,213
C J Clibbery who is a director of the company is also a shareholder and director of T4 Communications (UK) Ltd
2025 120 96
2024 208 96
22 Presentation currency
The financial statements are presented in Sterling.
23 Legal form of entity and country of incorporation
Vehicle Movement Exchange UK Ltd is a private company limited by shares and incorporated in England.
24 Principal place of business
The address of the company's principal place of business and registered office is:
10th Floor City Centre House
7 Hill Street
Birmingham
B5 4UA
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