WG DRIVE LTD

Company number 12378142 · Active (Active - Proposal to Strike off)

WG DRIVE LTD is a private limited company registered in CARDIFF, United Kingdom, incorporated on 27 Dec 2019. Its registered activity is sale of used cars and light motor vehicles. Its latest published accounts for the period ending 31 Dec 2020 were filed. It has filed 1 set of accounts. 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

Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Accounts overdue2.1×1 · 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
Company age (years)1.6×6.256–12.986 · 0.18 % became insolvent
Has filed accounts1.3×1 · 0.16 % became insolvent

Lowers the risk

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
12378142 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
27 Dec 2019 (7 years)
Registered address
CF14 8LH CARDIFF
Postcode area
Cardiff
Activity
45112 Sale of used cars and light 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 Dec 202015 Sep 2021– ––– ––2

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

Similar companies in Cardiff

Questions about WG DRIVE LTD

What is the company number of WG DRIVE LTD?

WG DRIVE LTD is registered under company number 12378142 in the official register of United Kingdom. View it at the official register.

Is WG DRIVE LTD still active?

Yes. WG DRIVE LTD is registered as active (status: Active - Proposal to Strike off).

Has WG DRIVE LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for WG DRIVE LTD in the official data.

How likely is WG DRIVE LTD to become insolvent?

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

When was WG DRIVE LTD founded?

WG DRIVE LTD was incorporated on 27 Dec 2019.

Where is WG DRIVE LTD registered?

WG DRIVE LTD's registered address is in CF14 8LH CARDIFF (Cardiff), United Kingdom.

What do the latest accounts of WG DRIVE LTD show?

The latest published accounts (period ending 31 Dec 2020) show 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.