# DERRICK WELLS LIMITED (02538105)

> DERRICK WELLS LIMITED is an active private limited company (company number 02538105) incorporated on 7 September 1990, registered in London. Its registered activity is sale of new cars and light motor vehicles (SIC 45111). Latest small accounts cover the period ending 31 October 2025, showing net assets of £102k and cash of £18k, with 12 employees on average. Net assets rose 11% on the prior period (£92k).

- Status: Active
- Incorporated: 1990-09-07
- Registered office: London, EC1V 3QJ
- SIC 45111: Sale of new cars and light motor vehicles
- Next accounts due: 2027-07-31
- Confirmation statement due: 2027-09-21
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 288 comparable companies in London (median £1,000, upper quartile £29k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-10-31 | £102k | £18k | £49k | £150k | — | — | 12 |
| 2024-10-31 | £92k | £12k | £40k | £158k | — | — | 12 |

current ratio 1.89; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £101,684 at 31 October 2025
- Net assets up 10% or more on the prior period: +10.9% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.89
- Incorporated five or more years ago: Incorporated 7 September 1990

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Derrick Gordon Wells — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/02538105
HTML: https://firmoscan.com/company/02538105-derrick-wells-limited