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Locar Limited

12261935

active
ltd
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

62 The Enterprise Centre, Cranborne Road, Potters Bar, EN6 3DQ
Incorporated 15/10/2019

Previously known as

2891 Limited · until 22/04/2021

Compliance

Last accounts

31/10/2025

total exemption full

Next accounts due

31/07/2027

On track

Confirmation statement

Last: 09/04/2026

Due 23/04/2027

On track

Industry

45112
Sale of used cars and light motor vehicles
77110
Renting and leasing of cars and light motor vehicles

Officers

Mr Adam James Wheeler

director · Since 15/10/2019

DIRECTOR

BRITISH · ENGLAND

Also on 5 other boards

Ms Chloe Melissa Wheeler

director · Since 24/04/2021

DIRECTOR

BRITISH · ENGLAND

Also on 1 other board

Adam James Wheeler

director · Since 15/10/2019

British · England

Chloe Melissa Wheeler

director · Since 24/04/2021

British · England

Persons with Significant Control

Mr Adam James Wheeler

25–50% shares
25–50% votes

British · United Kingdom

Notified 15/10/2019

Chloe Melissa Wheeler

25–50% shares
25–50% votes

British · England

Notified 15/07/2026

Ms Chloe Melissa Wheeler

25–50% shares

British · England

Notified 15/07/2026

Former PSCs

Ms Chloe Wheeler

Ceased 15/07/2026

Change History

status → active
2026-09-13

Active

type → ltd
2026-09-13

Private Limited Company

address line1 → 62 The Enterprise Centre
2026-09-13

62 THE ENTERPRISE CENTRE

post town → Potters Bar
2026-09-13

POTTERS BAR

officer appointed → WHEELER, Adam James
2026-09-13
officer appointed → WHEELER, Chloe Melissa
2026-09-13

CompanyRankvs 7580+ SIC 45112 peers
59

Financial strength89th percentile among SIC peers · 22/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.2× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

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

Employees13/15 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.

Longevity7/15 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 31/10/2025

Net Worth

£171k

Balance sheet strength

Cash

£42k

Cash in the bank

Net Current Assets

-£566k

Working capital

Current Assets

£139k

Current Liabilities

£705k

Fixed Assets

£2.0M

Debtors

£97k

4avg. employees

Tax at Year End

VAT£936

Balance Sheet

Assets less current liabilities£1.5M
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.20+£0£19k
20250.20+£0£19k
20250.20+£49k£19k
20240.18-£42k£197k
20234.05——

Derived from filed accounts. Not audited figures.

Filing History27 filings

PSC notified

notification of a person with significant control

15/07/20262 pages · PDF
PSC07

cessation of a person with significant control

15/07/20261 page · PDF
Confirmation statement

confirmation statement with no updates

09/04/20263 pages · PDF
Accounts filed

accounts with accounts type total exemption full

30/03/20267 pages · PDF
PSC changed

change to a person with significant control

21/08/20252 pages · PDF
PSC changed

change to a person with significant control

20/08/20252 pages · PDF
PSC changed

change to a person with significant control

20/08/20252 pages · PDF
Director details changed

change person director company with change date

01/08/20252 pages · PDF
Director details changed

change person director company with change date

01/08/20252 pages · PDF
Confirmation statement

confirmation statement with updates

09/04/20253 pages · PDF
Accounts filed

accounts with accounts type total exemption full

14/03/20257 pages · PDF
Confirmation statement

confirmation statement with no updates

07/02/20253 pages · PDF
Address changed

change registered office address company with date old address new address

18/11/20241 page · PDF
Confirmation statement

confirmation statement with updates

07/02/20244 pages · PDF
Accounts filed

accounts with accounts type total exemption full

12/11/20237 pages · PDF
Accounts filed

accounts with accounts type unaudited abridged

07/02/202310 pages · PDF
Director details changed

change person director company with change date

07/02/20232 pages · PDF
Confirmation statement

confirmation statement with updates

07/02/20234 pages · PDF
Confirmation statement

confirmation statement with no updates

15/11/20223 pages · PDF
Accounts filed

accounts with accounts type unaudited abridged

25/05/202210 pages · PDF
Confirmation statement

confirmation statement with no updates

11/05/20223 pages · PDF
Confirmation statement

confirmation statement with no updates

24/12/20213 pages · PDF
Accounts filed

accounts with accounts type unaudited abridged

07/07/20218 pages · PDF
Director appointed

appoint person director company with name date

29/04/20212 pages · PDF
RESOLUTIONS

resolution

22/04/20213 pages · PDF
Confirmation statement

confirmation statement with updates

04/11/20204 pages · PDF
Incorporated

incorporation company

15/10/201932 pages · PDF