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Next Wheels And Tyres Ltd

12747151

active
ltd
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

231 Bristol Road, Gloucester, GL1 5TL
Incorporated 16/07/2020

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 20/01/2026

Due 03/02/2027

On track

Industry

45320
Retail trade of motor vehicle parts and accessories
47910
Retail sale via mail order houses or via Internet

Officers

Fargham Baig

director · Since 16/07/2020

British · United Kingdom · Age 34

Mohammed Samab Baig

director · Since 16/07/2020

British · United Kingdom · Age 39

Sahab Baig

director · Since 16/07/2020

British · England · Age 36

Azmat Baig

director · Since 22/02/2021

British · United Kingdom · Age 42

Persons with Significant Control

Mr Sahab Baig

Significant control

British · England · Age 36

231, Bristol Road, Gloucester, GL1 5TL

Notified 16/07/2020

Former PSCs

Mr Mohammed Samab Baig

Ceased 22/02/2021

Change History

statusactive
2026-05-05

Active

typeltd
2026-05-05

Private Limited Company

address line1231 Bristol Road
2026-05-05

231 BRISTOL ROAD

post townGloucester
2026-05-05

GLOUCESTER

CompanyRankvs 1730+ SIC 45320 peers
60

Financial strength91th percentile among SIC peers · 23/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.42× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 pts

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

Liquidity12/20 pts

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

Longevity6/15 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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

tion and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/07/2025

Net Worth

£337k

Balance sheet strength

Cash

£135k

Cash in the bank

Net Current Assets

£269k

Working capital

Current Assets

£901k

Current Liabilities

£633k

Fixed Assets

£217k

Debtors

£181k

18avg. employees

Tax at Year End

Corp tax£21k
VAT£51k

Director Loans

Company owes directors£206k

Balance Sheet

Assets less current liabilities£486k
Signed by Mr Sahab Baig 29th April 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.42+£0£1.0M
20251.42+£26k£1.0M
20241.48+£7k£678k
20231.48£943k

Derived from filed accounts. Not audited figures.

Filing History21 filings

Accounts filed

accounts with accounts type total exemption full

30/04/20269 pages · PDF
PSC changed

change to a person with significant control

20/01/20262 pages · PDF
Confirmation statement

confirmation statement with updates

20/01/20264 pages · PDF
Confirmation statement

confirmation statement with no updates

12/05/20253 pages · PDF
Accounts filed

accounts with accounts type total exemption full

30/04/20259 pages · PDF
Confirmation statement

confirmation statement with no updates

09/05/20243 pages · PDF
Accounts filed

accounts with accounts type total exemption full

26/03/20248 pages · PDF
PSC07

cessation of a person with significant control

21/12/20231 page · PDF
PSC changed

change to a person with significant control

06/09/20232 pages · PDF
PSC changed

change to a person with significant control

06/09/20232 pages · PDF
Accounts filed

accounts with accounts type total exemption full

12/06/20239 pages · PDF
Confirmation statement

confirmation statement with no updates

12/05/20233 pages · PDF
Confirmation statement

confirmation statement with no updates

10/05/20223 pages · PDF
Accounts filed

accounts with accounts type total exemption full

14/04/20228 pages · PDF
Director details changed

change person director company with change date

05/05/20212 pages · PDF
Confirmation statement

confirmation statement with updates

05/05/20214 pages · PDF
Address changed

change registered office address company with date old address new address

05/05/20211 page · PDF
Director appointed

appoint person director company with name date

05/05/20212 pages · PDF
Director details changed

change person director company with change date

28/07/20202 pages · PDF
Director details changed

change person director company with change date

28/07/20202 pages · PDF
Incorporated

incorporation company

16/07/202013 pages · PDF