December 4, 2021 at 7:40 am
#170790
Motability Operations is a not for profit organisation. The residual monies cannot be removed from the business but can go to help motability, the charity:
‘Motability Operations has announced the decision to make a donation of £800million to Motability’s endowment fund. This donation comprises Motability Operations’ entire profits for the year, plus the release of capital reserves of £370million that was announced in June.’