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Used car dealer companies in the Leicester area

791 used car dealer companies have a registered office in the Leicester area (LE postcodes), and 237 of them were formed in 2025 or 2026. In their latest accounts, the typical one held £12,965 in cash and owed £40,966 at year end.

Companies House register, 1 September 2026, and accounts filed in the last twelve months. Compared with the official category “Sale of used cars and light motor vehicles” (SIC 45112). Covers companies with a registered office in LE postcodes, including Leicester, Loughborough.

The numbers

Used car dealer companies in the Leicester area (LE postcodes) compared with the same category across the UK. Typical figures are medians.
MeasureLeicesterUK
Registered companies79137,612
Formed in 2025 or 2026237 (30%)30%
Being struck off or in liquidation102 (13%)14%
Typical cash at year end£12,965136 accounts£18,268
Typical amount owed at year end£40,966377 accounts£38,899
Typical number of employees1382 accounts1

What this means if you’re starting one

More of these companies are closing than in most trades

12% of used car dealer companies in the Leicester area (LE postcodes) are currently being struck off, against 6.8% of all companies there. Nationally that rate is higher than 92% of UK industries.

Closures run high here. It is a churn signal, not a survival rate, but it means the common failure points are worth learning before you start.

Cash is tight in this trade

At year end the typical used car dealer company in the Leicester area (LE postcodes) holds £12,965 in cash and owes £40,966; that cash figure is lower than 66% of UK industries.

Typical operators end the year holding less cash than they owe, so there is little slack if takings dip or a big bill lands early.

Most of these businesses are run by one or two people

The typical used car dealer company in the Leicester area (LE postcodes) reports 1 employee; the top quarter has 2 or more (382 filings).

You are mostly up against owner-operators. Your own hours are likely to be your biggest cost, and the easiest one to undercount.

Planning a business like this in Leicester?

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What these figures can’t tell you

Companies are counted where their registered office is, which may be an accountant or a home address rather than a shop. Sole traders and partnerships are not on the register, and electronically filed accounts cover roughly 60–75% of accounts filed each year. The figures describe companies that exist; they cannot prove demand for your idea or predict whether it will work. How the figures are built.

Used car dealer in other places

Other businesses in Leicester

All business benchmarks in Leicester