WHEEL MAGIC LIMITED

Company number 10335731 · Active (Active - Proposal to Strike off)

WHEEL MAGIC LIMITED is a private limited company registered in BARNSLEY, United Kingdom, incorporated on 18 Aug 2016. Its registered activity is maintenance and repair of motor vehicles. Its latest published accounts for the period ending 31 Aug 2019 show equity of £4,941, total assets of £7,366. It has filed 1 set of accounts. Our model estimates a 0.03 % probability that it becomes insolvent within 12 months, 0.3 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.03 %
Low risk
Lowest riskHighest risk

Higher than 89 % of active companies in the United Kingdom. 0.3× the average annual insolvency rate (0.12 %).

Raises the risk

Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Current ratio2.4×1.20204–2.65202 · 0.28 % became insolvent
Accounts overdue2.1×1 · 0.24 % became insolvent
Cash ÷ assets2.0×0.187053–0.578498 · 0.24 % became insolvent
Filing delay of last accounts (days)1.6×258–260 · 0.19 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent

Lowers the risk

Total assets (log)0.3×2.87772–3.99473 · 0.04 % became insolvent
Accounts filed0.5×0–3 · 0.06 % became insolvent
Late filings0.8×0–1 · 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
10335731 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
18 Aug 2016 (10 years)
Registered address
S70 4QX BARNSLEY
Postcode area
Sheffield
Activity
45200 Maintenance and repair of motor vehicles
Industry
Wholesale and retail trade of motor vehicles
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Aug 201915 May 2020– –£4,941£7,366 £2,425£3,9811

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

Similar companies in Sheffield

Questions about WHEEL MAGIC LIMITED

What is the company number of WHEEL MAGIC LIMITED?

WHEEL MAGIC LIMITED is registered under company number 10335731 in the official register of United Kingdom. View it at the official register.

Is WHEEL MAGIC LIMITED still active?

Yes. WHEEL MAGIC LIMITED is registered as active (status: Active - Proposal to Strike off).

Has WHEEL MAGIC LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for WHEEL MAGIC LIMITED in the official data.

How likely is WHEEL MAGIC LIMITED to become insolvent?

Our model estimates a 0.03 % probability that WHEEL MAGIC LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 89 % of active companies in the United Kingdom.

When was WHEEL MAGIC LIMITED founded?

WHEEL MAGIC LIMITED was incorporated on 18 Aug 2016.

Where is WHEEL MAGIC LIMITED registered?

WHEEL MAGIC LIMITED's registered address is in S70 4QX BARNSLEY (Sheffield), United Kingdom.

What do the latest accounts of WHEEL MAGIC LIMITED show?

The latest published accounts (period ending 31 Aug 2019) show equity of £4,941, total assets of £7,366, 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 9 Nov 2026.