WHEELS FOR LESS LIMITED

Company number 10948002 · Active

WHEELS FOR LESS LIMITED is a private limited company registered in ILFORD, United Kingdom, incorporated on 6 Sep 2017. Its registered activity is sale of used cars and light motor vehicles. Its latest published accounts for the period ending 27 Sep 2025 show equity of −£142k, total assets of £223k. It has filed 7 sets of accounts, 2 of them after the deadline. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Equity (signed log)4.0×< -4.26854 · 0.47 % became insolvent
Equity ratio2.8×-0.882818–0.00404851 · 0.33 % became insolvent
Current ratio2.7×0.565361–1.20204 · 0.31 % became insolvent
Equity change ÷ assets2.6×-0.688951–-0.123359 · 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

Accounts filed0.3×≥ 6 · 0.04 % 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
10948002 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
6 Sep 2017 (9 years)
Registered address
IG1 1BF ILFORD
Postcode area
Ilford
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
27 Sep 202515 Jun 2026– –−£142k£223k £357k–2
27 Sep 202415 Jun 2025– –−£73k£290k £360k–2
30 Sep 202315 Jun 2024– –−£38k£474k £311k£183k0
30 Sep 202215 Sep 2023– –−£179k£177k £338k£50k0
30 Sep 202115 Dec 2022– –−£9,378£294k £274k£20k0
30 Sep 202015 Jun 2021– –−£7,750£123k £98k£10k0
30 Sep 201915 Jun 2020– –−£32k£63k £95k£24k0

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

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Questions about WHEELS FOR LESS LIMITED

What is the company number of WHEELS FOR LESS LIMITED?

WHEELS FOR LESS LIMITED is registered under company number 10948002 in the official register of United Kingdom. View it at the official register.

Is WHEELS FOR LESS LIMITED still active?

Yes. WHEELS FOR LESS LIMITED is registered as active (status: Active).

Has WHEELS FOR LESS LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for WHEELS FOR LESS LIMITED in the official data.

How likely is WHEELS FOR LESS LIMITED to become insolvent?

Our model estimates a 0.00 % probability that WHEELS FOR LESS LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was WHEELS FOR LESS LIMITED founded?

WHEELS FOR LESS LIMITED was incorporated on 6 Sep 2017.

Where is WHEELS FOR LESS LIMITED registered?

WHEELS FOR LESS LIMITED's registered address is in IG1 1BF ILFORD (Ilford), United Kingdom.

What do the latest accounts of WHEELS FOR LESS LIMITED show?

The latest published accounts (period ending 27 Sep 2025) show equity of −£142k, total assets of £223k, 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.