IDEAL TRUCKS LTD

Company number 07950338 · Active

IDEAL TRUCKS LTD is a private limited company registered in WALSALL, United Kingdom, incorporated on 15 Feb 2012. Its registered activity is sale of other motor vehicles. Its latest published accounts for the period ending 28 Feb 2025 show equity of £1.5m, total assets of £1.8m. It has filed 6 sets of accounts, 1 of them after the deadline. Our model estimates a 0.01 % probability that it becomes insolvent within 12 months, 0.1 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.01 %
Low risk
Lowest riskHighest risk

Higher than 82 % of active companies in the United Kingdom. 0.1× the average annual insolvency rate (0.12 %).

Raises the risk

Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Total assets (log)3.1×≥ 6.05274 · 0.37 % became insolvent
Region2.2×WS · 0.26 % became insolvent
Equity (signed log)2.0×≥ 5.52268 · 0.24 % became insolvent
Late filings1.8×1–2 · 0.21 % became insolvent
Days since last period end1.6×543–642 · 0.19 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Equity ratio0.4×0.742974–1 · 0.05 % became insolvent
Current ratio0.6×≥ 7.06234 · 0.07 % became insolvent
Current liabilities ÷ assets0.7×0.010552–0.186967 · 0.08 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent
Cash ÷ assets0.9×0.578498–0.951833 · 0.10 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
07950338 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
15 Feb 2012 (15 years)
Registered address
WS9 9DL WALSALL
Postcode area
Walsall
Activity
45190 Sale of other motor vehicles
Industry
Wholesale and retail trade of motor vehicles
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
28 Feb 202515 Dec 2025– –£1.5m£1.8m £237k£1.4m2
29 Feb 202415 Nov 2024– –£1.4m£1.7m £297k£1.0m2
28 Feb 202315 Nov 2023– –£1.4m£1.6m £259k£1.1m2
28 Feb 202215 Nov 2022– –£1.2m£1.5m £255k£1.2m2
28 Feb 202115 Nov 2021– –£970k£1.2m £226k£1.1m2
29 Feb 202015 Nov 2020– –£866k£1.0m £161k£868k2

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Walsall

Questions about IDEAL TRUCKS LTD

What is the company number of IDEAL TRUCKS LTD?

IDEAL TRUCKS LTD is registered under company number 07950338 in the official register of United Kingdom. View it at the official register.

Is IDEAL TRUCKS LTD still active?

Yes. IDEAL TRUCKS LTD is registered as active (status: Active).

Has IDEAL TRUCKS LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for IDEAL TRUCKS LTD in the official data.

How likely is IDEAL TRUCKS LTD to become insolvent?

Our model estimates a 0.01 % probability that IDEAL TRUCKS LTD becomes insolvent within the next 12 months (low risk). That is higher than 82 % of active companies in the United Kingdom.

When was IDEAL TRUCKS LTD founded?

IDEAL TRUCKS LTD was incorporated on 15 Feb 2012.

Where is IDEAL TRUCKS LTD registered?

IDEAL TRUCKS LTD's registered address is in WS9 9DL WALSALL (Walsall), United Kingdom.

What do the latest accounts of IDEAL TRUCKS LTD show?

The latest published accounts (period ending 28 Feb 2025) show equity of £1.5m, total assets of £1.8m, 2 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.