PREFER 2 TRADE LTD

Company number 09862457 · Active

PREFER 2 TRADE LTD is a private limited company registered in LETCHWORTH GARDEN CITY, United Kingdom, incorporated on 9 Nov 2015. Its registered activity is sale of used cars and light motor vehicles. Its latest published accounts for the period ending 31 May 2025 show equity of −£23k, total assets of £159k. It has filed 4 sets of accounts, 2 of them after the deadline. Our model estimates a 11.37 % probability that it becomes insolvent within 12 months, 97.6 times the average for active companies (very high risk).

Insolvency risk, next 12 months

11.37 %
Very high risk
Lowest riskHighest risk

Higher than 100 % of active companies in the United Kingdom. 97.6× the average annual insolvency rate (0.12 %).

Raises the risk

Equity (signed log)4.0×< -4.26854 · 0.47 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Equity ratio2.8×-0.882818–0.00404851 · 0.33 % became insolvent
Current ratio2.7×0.565361–1.20204 · 0.31 % became insolvent
Late filings2.5×≥ 2 · 0.29 % became insolvent
Total assets (log)2.4×4.74546–5.45007 · 0.28 % became insolvent

Lowers the risk

Region0.5×SG · 0.06 % became insolvent
Accounts overdue0.8×0 · 0.09 % 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
09862457 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
9 Nov 2015 (11 years)
Registered address
SG6 2TU LETCHWORTH GARDEN CITY
Postcode area
Stevenage
Activity
45112 Sale of used cars and light 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
31 May 202515 Feb 2026– –−£23k£159k £181k–1
31 May 202415 Feb 2025– –−£52k£149k £201k–0
31 May 202215 May 2023– –−£55k£38k £93k–0
31 May 202115 Apr 2022– –−£69k£555 £69k–0

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

Similar companies in Stevenage

Questions about PREFER 2 TRADE LTD

What is the company number of PREFER 2 TRADE LTD?

PREFER 2 TRADE LTD is registered under company number 09862457 in the official register of United Kingdom. View it at the official register.

Is PREFER 2 TRADE LTD still active?

Yes. PREFER 2 TRADE LTD is registered as active (status: Active).

Has PREFER 2 TRADE LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for PREFER 2 TRADE LTD in the official data.

How likely is PREFER 2 TRADE LTD to become insolvent?

Our model estimates a 11.37 % probability that PREFER 2 TRADE LTD becomes insolvent within the next 12 months (very high risk). That is higher than 100 % of active companies in the United Kingdom.

When was PREFER 2 TRADE LTD founded?

PREFER 2 TRADE LTD was incorporated on 9 Nov 2015.

Where is PREFER 2 TRADE LTD registered?

PREFER 2 TRADE LTD's registered address is in SG6 2TU LETCHWORTH GARDEN CITY (Stevenage), United Kingdom.

What do the latest accounts of PREFER 2 TRADE LTD show?

The latest published accounts (period ending 31 May 2025) show equity of −£23k, total assets of £159k, 1 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.