About Wessex Garages
Wessex Garages is a company based in Bristol (United Kingdom) founded in 1986 was acquired by VT Holdings in May 2016.. The company has 283 employees as of March 31, 2021. Wessex Garages offers products and services including New Cars, Used Cars, Aftersales Services, and Commercial Vehicles. Wessex Garages operates in a competitive market with competitors including Porsche, Cazoo, Copart, Fiat Chrysler Automobiles and Group1 Automotive, among others.
- Headquarter Bristol, United Kingdom
- Employees 283 as on 31 Mar, 2021
-
Sectors
Transportation, Automotive & Logistics
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Wessex Garages Holdings Limited
- Date of Incorporation 21 Aug, 1991
-
Annual Revenue
$258.23 M (USD)37as on Mar 31, 2022
-
Net Profit
$4.48 M (USD)149as on Mar 31, 2022
-
EBITDA
-
Latest Funding Round
- Investors
-
Employee Count
283
as on Mar 31, 2021
-
Acquired by
VT Holdings
(May 06, 2016)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Wessex Garages
Wessex Garages offers a comprehensive portfolio of products and services, including New Cars, Used Cars, Aftersales Services, and Commercial Vehicles. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Sales of new vehicles from multiple brands
Sales of pre-owned vehicles for various needs
Vehicle servicing and repair options
Supply of vans and business fleet options
Funding Insights of Wessex Garages
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Wessex Garages
Wessex Garages has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include VT Holdings. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Dealer of new & used cars
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Wessex Garages
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Wessex Garages
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wessex Garages Comparisons
Competitors of Wessex Garages
Wessex Garages operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Porsche, Cazoo, Copart, Fiat Chrysler Automobiles and Group1 Automotive, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Luxury sports cars are designed, manufactured, and distributed internationally.
|
|
| domain | founded_year | HQ Location |
Online dealer of second-hand cars
|
|
| domain | founded_year | HQ Location |
Used and salvaged vehicles are offered via an online marketplace.
|
|
| domain | founded_year | HQ Location |
Automobiles are manufactured under brands like Fiat, Chrysler, and Jeep.
|
|
| domain | founded_year | HQ Location |
Provider of new & used cars and trucks dealership services
|
|
| domain | founded_year | HQ Location |
Automotive vehicle listings are managed via an app-based platform.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Wessex Garages
Frequently Asked Questions about Wessex Garages
When was Wessex Garages founded?
Wessex Garages was founded in 1986.
Where is Wessex Garages located?
Wessex Garages is headquartered in Bristol, United Kingdom. It is registered at Bristol, England, United Kingdom.
How many employees does Wessex Garages have?
As of Mar 31, 2021, the latest employee count at Wessex Garages is 283.
What is the annual revenue of Wessex Garages?
Annual revenue of Wessex Garages is $258.23M as on Mar 31, 2022.
What does Wessex Garages do?
Wessex Garages was established in 1986 in Bristol, United Kingdom. Operations are focused on the automotive sector, where new and used cars are handled through online dealership platforms. Services include vehicle sales and related support, primarily serving customers in the UK. The company is led by Chris Wiseman as Managing Director, with activities centered on digital access to automotive options.
Who are the top competitors of Wessex Garages?
What products or services does Wessex Garages offer?
Wessex Garages offers New Cars, Used Cars, Aftersales Services, and Commercial Vehicles.
Who are Wessex Garages's investors?
Wessex Garages has 1 investor. Key investors include VT Holdings.