OCTANE LTD
Company number 11392928 · Active · Maldon CM9 5QP
OCTANE LTD is an active private limited company (company number 11392928) incorporated on 1 June 2018, registered in Maldon. Its registered activity is sale of used cars and light motor vehicles (SIC 45112). Latest small accounts cover the period ending 31 March 2025, showing net assets of −£12k and cash of £386k, with 35 employees on average. Net assets fell 220% on the prior period (£9,999).
By net assets it sits in the bottom quarter of 566 comparable companies in Essex (median £2,128, upper quartile £37k).
Key dates
- Incorporated
- 1 June 2018
- Next accounts due
- 31 December 2026 — in 74 days
- Confirmation statement due
- 15 June 2027 — in 240 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 45112
- Sale of used cars and light motor vehicles
- SIC 64999
- Financial intermediation not elsewhere classified
- Accounts type
- Total Exemption Full
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 31 March 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 March 2025 | −£12k | £386k | £530k | — | — | — | 35 |
| 31 March 2024 | £9,999 | £346k | £463k | — | — | — | 34 |
- Cash per employee
- £11k
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
Firmoscan score: 39/100 (grade D)
- -15 Negative net assets — Net assets £-12,030 at 2025-03-31
- -8 Net assets falling — -220.3% vs prior period
- +4 Cash reserves — Cash £386,497
- +8 Established — Incorporated 2018-06-01 (8 years)
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.
Ownership and control
- Mr Daniel Horner — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 13 July 2018
- Mr Graham Westwood — owns 25–50% of shares · since 1 June 2018 · ceased 3 July 2020
- Mr Graham Westwood — owns 25–50% of shares · since 22 July 2020 · ceased 7 April 2021
- Munday Asset Management Ltd (corporate entity, England) — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors · since 4 July 2023 · ceased 5 February 2026
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
Similar companies in Essex
Same activity (sale of used cars and light motor vehicles), closest in incorporation date.
- D&M CARS LTD — Basildon, inc. May 2018
- MANOR AUTOS LIMITED — Little Canfield, inc. May 2018
- S J H AUTOMOTIVE LIMITED — Southminster, inc. May 2018
- SERVICES SA LTD — Wickford, inc. Jun 2018
- ESSEX SECOND HAND TOOLS LTD — Hockley, inc. Jun 2018
- BODHI ENTERPRICES LTD — Colchester, inc. Jul 2018
Reminders for OCTANE LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.