SMY ESSENTIALS LTD

Company number 12987670 · Active · London SW8 1XJ

B
Firmoscan score 65/100

SMY ESSENTIALS LTD is an active private limited company (company number 12987670) incorporated on 30 October 2020, registered in London. Its registered activity is sale of used cars and light motor vehicles (SIC 45112). Latest micro accounts cover the period ending 31 October 2025, showing net assets of £4,155, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets were unchanged on the prior period. Across the last 3 periods on record the net-asset trend is rising.

By net assets it sits in the upper half of 1,799 comparable companies in London (median £522, upper quartile £16k).

Key dates

Incorporated
30 October 2020
Next accounts due
31 July 2027 — in 286 days
Confirmation statement due
13 November 2026 — in 26 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
Accounts type
Micro Entity
Size band
Micro (Companies Act thresholds)

Financials — 3 periods on record, latest ending 31 October 2025

Net assets
Net assetsOct 2023: £1; Oct 2024: £4,155; Oct 2025: £4,155£1£4,155£4,155Oct 2023Oct 2024Oct 2025
Average employees
Average employeesOct 2023: 1; Oct 2024: 1; Oct 2025: 1111Oct 2023Oct 2024Oct 2025
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
31 October 2025£4,155——£21k——1
31 October 2024£4,155——£21k——1
31 October 2023£1——£0——1
Current ratio
0.15 — current liabilities exceed current assets

Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.

Firmoscan score: 65/100 (grade B)

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 Joel Fakoya — owns 75–100% of shares · since 30 October 2020

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 London

Same activity (sale of used cars and light motor vehicles), closest in incorporation date.

Reminders for SMY ESSENTIALS LTD

Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.