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On The Wheelz Limited

10468980

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

PLUM TREE COTTAGE EAST BURNHAM LANE, SLOUGH, SL2 3TL
Incorporated 08/11/2016

Compliance

Last accounts

30/11/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 07/11/2025

Due 21/11/2026

On track

Industry

53202
Unlicensed carriers

Officers

Mr Gagandeep Singh Virk

director · Since 29/11/2025

INDIAN · ENGLAND · Age 36

Persons with Significant Control

Mr Gagandeep Singh Virk

75–100% shares

Indian · England · Age 36

Plum Tree Cottage, East Burnham Lane, Slough, SL2 3TL

Notified 19/05/2023

CompanyRankvs 2457+ SIC 53202 peers
55

Financial strength96th percentile among SIC peers · 24/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees4/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/11/2024

Net Worth

£109k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£140k

Working capital

Current Assets

£1k

Current Liabilities

£142k

Fixed Assets

£119k

1avg. employees-1

Balance Sheet

Assets less current liabilities£21k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.01+£31k
20230.02+£70k
20220.14-£1k
20211.42-£15k
20205.97+£6k
2019145.55-£14k
20185.39

Derived from filed accounts. Not audited figures.