FORMULA ONE CAR CENTRE LIMITED

Company number SC305930 · Active

FORMULA ONE CAR CENTRE LIMITED is a private limited company registered in GLASGOW, United Kingdom, incorporated on 26 Jul 2006. Its registered activity is sale of used cars and light motor vehicles. Its latest published accounts for the period ending 31 Jul 2025 show equity of £3.7m, total assets of £5.2m. It has filed 7 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

Cash ÷ assets3.7×0.00304687–0.0300733 · 0.44 % became insolvent
Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Total assets (log)3.1×≥ 6.05274 · 0.37 % became insolvent
Employees3.1×3–8 · 0.36 % became insolvent
Equity (signed log)2.0×≥ 5.52268 · 0.24 % became insolvent
Filing delay of last accounts (days)1.6×258–260 · 0.19 % became insolvent

Lowers the risk

Region0.0×G · 0.00 % became insolvent
Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Late filings0.8×0–1 · 0.09 % 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
SC305930 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
26 Jul 2006 (20 years)
Registered address
G73 2JP GLASGOW
Postcode area
Glasgow
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 Jul 202515 Apr 2026– –£3.7m£5.2m £1.6m£98k7
31 Jul 202415 Apr 2025– –£3.6m£5.1m £1.5m£135k7
31 Jul 202315 Apr 2024– –£3.3m£4.9m £1.6m£177k6
31 Jul 202215 Apr 2023– –£3.0m£4.1m £1.1m£229k5
31 Jul 202115 Apr 2022– –£1.6m£2.8m £1.2m£468k5
31 Jul 202015 Apr 2021– –£1.2m£2.0m £683k£48k5
31 Jul 201915 Apr 2020– –£1.0m£1.7m £723k£43k5

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

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Questions about FORMULA ONE CAR CENTRE LIMITED

What is the company number of FORMULA ONE CAR CENTRE LIMITED?

FORMULA ONE CAR CENTRE LIMITED is registered under company number SC305930 in the official register of United Kingdom. View it at the official register.

Is FORMULA ONE CAR CENTRE LIMITED still active?

Yes. FORMULA ONE CAR CENTRE LIMITED is registered as active (status: Active).

Has FORMULA ONE CAR CENTRE LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for FORMULA ONE CAR CENTRE LIMITED in the official data.

How likely is FORMULA ONE CAR CENTRE LIMITED to become insolvent?

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

When was FORMULA ONE CAR CENTRE LIMITED founded?

FORMULA ONE CAR CENTRE LIMITED was incorporated on 26 Jul 2006.

Where is FORMULA ONE CAR CENTRE LIMITED registered?

FORMULA ONE CAR CENTRE LIMITED's registered address is in G73 2JP GLASGOW (Glasgow), United Kingdom.

What do the latest accounts of FORMULA ONE CAR CENTRE LIMITED show?

The latest published accounts (period ending 31 Jul 2025) show equity of £3.7m, total assets of £5.2m, 7 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.