Wheels For Less Limited
10948002
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 06/09/2017
DIRECTOR
BRITISH · ENGLAND · Age 50
Also on 4 other boards
director · Since 06/09/2017
DIRECTOR
BRITISH · ENGLAND · Age 46
Also on 7 other boards
Persons with Significant Control
Mr Zishan Ali Khan
Indian · United Kingdom · Age 47
Balfour Business Centre, 390-392 High Road, Ilford, IG1 1BF
Notified 06/09/2017
Mr Mohammad Ali Khan
British · England · Age 50
Balfour Business Centre, 390-392 High Road, Ilford, IG1 1BF
Notified 06/09/2017
CompanyRankvs 17251+ SIC 45112 peers41
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 27/09/2024
Net Worth
-£73k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£71k
Working capital
Current Assets
£289k
Current Liabilities
£360k
Fixed Assets
£1k
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.80 | -£35k | — |
| 2023 | 1.52 | +£141k | £38k |
| 2022 | 0.52 | -£170k | — |
| 2021 | 1.07 | -£2k | £109k |
| 2020 | 1.25 | +£24k | — |
| 2019 | 0.66 | -£18k | — |
| 2018 | 0.77 | — | — |
Derived from filed accounts. Not audited figures.