£3.67m
+2%vs Jul 2024ActiveSC305930Private limited companyGlasgow
FORMULA ONE CAR CENTRE LIMITED
Significant control: Laura Jayne Sinclair (25–50%), Lee Robert Sinclair (25–50%)
From public filings as at 31 Aug 2026; may contain errors or be out of date.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 Formula One Car Centre Limited 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
FORMULA ONE CAR CENTRE LIMITED is an active private limited company (company number SC305930) incorporated on 26 July 2006, registered in Glasgow. Its registered activity is sale of used cars and light motor vehicles (SIC 45112). Latest small accounts cover the period ending 31 July 2025, showing net assets of £3.67m and cash of £98k, with 7 employees on average. Net assets rose 2% on the prior period (£3.61m).
Peer position · net assets
By net assets it sits in the top quarter of 264 comparable companies in Glasgow (median £3,301, upper quartile £68k).
02
Ownership and control
- Miss Laura Jayne Sinclair
- owns 25–50% of shares
- Mr Lee Robert Sinclair
- owns 25–50% of shares
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
- 26 July 200620 yrs ago
- Next accounts due
- 30 April 2027in 188 days
- Confirmation statement due
- 9 August 2027in 289 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
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
05
Financials
£98k
−28%vs Jul 2024Not reported
7
No changevs Jul 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 July 2025 | £3.67m | £98k | £4.47m | £1.58m | — | — | 7 |
| 31 July 2024 | £3.61m | £135k | £3.99m | £1.51m | — | — | 7 |
Current ratio3.32Current assets ÷ creditors within one year
Cash per employee£14kCash ÷ 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 £3,666,709 at 31 July 2025
- Current assets at least 1.5× creditors within one yearCurrent ratio 3.32
- Cash at bank of £50,000 or moreCash £97,811
- Incorporated five or more years agoIncorporated 26 July 2006
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 289 days
- Next accounts duein 188 days
- Accounts period endNet assets £3.67m · small accounts
- Accounts period endNet assets £3.61m · small accounts
- Incorporated
08
Similar companies in Glasgow
- BENTLEY MOTORS (1931) LIMITEDLanark · inc. Jun 2006
- M.G. CARS LIMITEDLanark · inc. Aug 2006
- ALEX MCDONALD (VEHICLE SALES ) LTDStrathaven · inc. Apr 2007
- JH CARS LIMITEDShotts · inc. Oct 2007
- THE KIRKCALDY MOTOR COMPANY LTD.Glasgow · inc. Oct 2007
- DRIVE GROUP LTDGlasgow · inc. Nov 2007
All companies incorporated on 26 July 2006 · in Jul 2006.
09
Reminders for FORMULA ONE CAR CENTRE LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.