# WASSELL LIMITED (02956641)

> WASSELL LIMITED is an active private limited company (company number 02956641) incorporated on 8 August 1994, registered in Lincoln. Its registered activity is sale, maintenance and repair of motorcycles and related parts and accessories (SIC 45400). Latest small accounts cover the period ending 31 March 2025, showing net assets of £1.40m and cash of £818k, with 13 employees on average. Net assets fell 4% on the prior period (£1.45m).

- Status: Active
- Incorporated: 1994-08-08
- Registered office: Lincoln, LN6 3RS
- SIC 45400: Sale, maintenance and repair of motorcycles and related parts and accessories
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-08-22
- Accounts type: SMALL

By net assets it sits in the top quarter of 443 comparable companies in Other (median £4,390, upper quartile £87k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £1.40m | £818k | £252k | £1.96m | — | — | 13 |
| 2024-03-31 | £1.45m | £372k | £251k | £1.61m | — | — | 14 |

current ratio 1.7; size band small.

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

- Net assets above zero: Net assets £1,398,397 at 31 March 2025
- Current assets at least 1.5× creditors within one year: Current ratio 1.7
- Cash at bank of £50,000 or more: Cash £817,830
- Incorporated five or more years ago: Incorporated 8 August 1994

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

## Persons with significant control

- Phipps & Company Limited (corporate-entity) — owns 75–100% of shares, 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/02956641
HTML: https://firmoscan.com/company/02956641-wassell-limited