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Wheels 4 Less Norfolk Ltd

13329160

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

WHEELS 4 LESS THE EUROPEAN TRADE CENTRE, MORNINGTHORPE, NR15 2AG
Incorporated 12/04/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Lewis Carr

secretary · Since 12/04/2021

Mr Lewis Tony Carr

director · Since 12/04/2021

DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 3 other boards

Persons with Significant Control

Mr Lewis Tony Carr

75–100% shares
75–100% votes
Appoint directors

British · England · Age 36

Wheels 4 Less, The European Trade Centre, Morningthorpe, NR15 2AG

Notified 12/04/2021

CompanyRankvs 17892+ SIC 45112 peers
39

Financial strength10th percentile among SIC peers · 3/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.91× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees10/15 pts

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

Liquidity6/20 pts

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

Longevity5/15 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 30/04/2025

Net Worth

-£18k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£48k

Working capital

Current Assets

£512k

Current Liabilities

£559k

Fixed Assets

£30k

2avg. employees-1

Balance Sheet

Assets less current liabilities-£18k
Prepared with FreeAgent

EstimatesDerived

YearCurrent RatioImplied Profit
20250.91-£51k
20241.01-£6k
20230.96+£44k
20220.93

Derived from filed accounts. Not audited figures.