PRIME RIDES LTD

Company number 12466987 · Active (Active - Proposal to Strike off)

PRIME RIDES LTD is a private limited company registered in ROMFORD, United Kingdom, incorporated on 17 Feb 2020. Its registered activity is sale of used cars and light motor vehicles. Its latest published accounts for the period ending 28 Feb 2022 show equity of −£29k, total assets of £30k. It has filed 2 sets 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

Equity (signed log)4.0×< -4.26854 · 0.47 % became insolvent
Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Equity change ÷ assets2.6×-0.688951–-0.123359 · 0.31 % became insolvent
Negative equity2.3×1 · 0.27 % became insolvent
Equity ratio2.2×< -0.882818 · 0.25 % became insolvent
Accounts overdue2.1×1 · 0.24 % became insolvent

Lowers the risk

Region0.2×RM · 0.02 % became insolvent
Current liabilities ÷ assets0.3×< 0.010552 · 0.03 % 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
12466987 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
17 Feb 2020 (7 years)
Registered address
RM6 5SD ROMFORD
Postcode area
Romford
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
28 Feb 202215 Nov 2022– –−£29k£30k £0–1
28 Feb 202115 Nov 2021– –−£17k£44k £400–1

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

Similar companies in Romford

Questions about PRIME RIDES LTD

What is the company number of PRIME RIDES LTD?

PRIME RIDES LTD is registered under company number 12466987 in the official register of United Kingdom. View it at the official register.

Is PRIME RIDES LTD still active?

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

Has PRIME RIDES LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for PRIME RIDES LTD in the official data.

How likely is PRIME RIDES LTD to become insolvent?

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

When was PRIME RIDES LTD founded?

PRIME RIDES LTD was incorporated on 17 Feb 2020.

Where is PRIME RIDES LTD registered?

PRIME RIDES LTD's registered address is in RM6 5SD ROMFORD (Romford), United Kingdom.

What do the latest accounts of PRIME RIDES LTD show?

The latest published accounts (period ending 28 Feb 2022) show equity of −£29k, total assets of £30k, 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.