£23k
+2407%vs May 2024Active - Proposal to Strike off14115768Private limited companyGrays
IDEAL AUTO TRADE LTD
Significant control: Syed Tahir (75–100%)
Proposal to strike offThe registrar has published a notice proposing to remove this company from the register. Unless the cause is dealt with or an objection is upheld, it can be dissolved. Status as shown on the Companies House register at 31 August 2026; it may have changed since. Check the live record.
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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What does Ideal Auto Trade Ltd sell?
Registered activity: Sale of used cars and light motor vehicles (SIC 45112). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
IDEAL AUTO TRADE LTD is an active (proposal to strike off) private limited company (company number 14115768) incorporated on 18 May 2022, registered in Grays. Its registered activity is sale of used cars and light motor vehicles (SIC 45112). Latest abridged accounts cover the period ending 31 May 2025, showing net assets of £23k and cash of £828, with 1 employee on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 2407% on the prior period (£937). Across the last 3 periods on record the net-asset trend is volatile.
Peer position · net assets
By net assets it sits in the upper half of 2,463 comparable companies in Greater London (median £2,488, upper quartile £29k).
02
Ownership and control
- Mr Syed Tahir
- owns 75–100% of shares
- Mr Adnan Mohammad Asif
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
- Mr Farhan Mohammad Asif
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 18 May 20224 yrs ago
- Next accounts due
- 28 February 2027in 124 days
- Confirmation statement due
- 1 June 2027in 217 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 45112
- Sale of used cars and light motor vehicles
- Accounts type
- Unaudited Abridged
- Size band
- MicroCompanies Act thresholds
05
Financials
£828
+210%vs May 2024Not disclosed
1
No changevs May 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 May 2025 | £23k | £828 | £299 | £45k | — | — | 1 |
| 31 May 2024 | £937 | £267 | £3,527 | £34k | — | — | 1 |
| 31 May 2023 | £1,098 | £8,034 | £1,362 | £12k | — | — | 1 |
Current ratio0.43Current assets ÷ creditors within one year
Cash per employee£828Cash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets above zeroNet assets £23,488 at 31 May 2025
- Net assets up 10% or more on the prior period+2406.7% vs prior period
- Current assets below creditors within one yearCurrent ratio 0.43
- Three or more accounting periods on record3 periods on record
- Incorporated two to five years agoIncorporated 18 May 2022
- Register status is not ActiveActive - Proposal to Strike off
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Confirmation statement duein 217 days
- Next accounts duein 124 days
- Accounts period endNet assets £23k · abridged accounts
- Accounts period endNet assets £937 · abridged accounts
- Accounts period endNet assets £1,098 · abridged accounts
- Incorporated
08
Similar companies in Greater London
- AYANA ENTERPRISE LTDWatford · inc. May 2022
- K&G TYRE SERVICES LTDUxbridge · inc. May 2022
- NEXT WHEELS AUTOS LTDBorehamwood · inc. May 2022
- R&N AUTOLAND LTDBromley · inc. May 2022
- JSJ AUTOMOTIVE LTDHornchurch · inc. May 2022
- DIVINE COUNT LIMITEDWorcester Park · inc. May 2022
All companies incorporated on 18 May 2022 · in May 2022.
09
Reminders for IDEAL AUTO TRADE LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.