# BETTERCAR LIMITED (10190995)

> BETTERCAR LIMITED is an active private limited company (company number 10190995) incorporated on 20 May 2016, registered in Chelmsford. Its registered activity is sale of used cars and light motor vehicles (SIC 45112). Latest small accounts cover the period ending 30 April 2025, showing net assets of −£37k and cash of £49k, with 4 employees on average. Net assets fell 189% on the prior period (£42k).

- Status: Active
- Incorporated: 2016-05-20
- Registered office: Chelmsford, CM3 4SP
- SIC 45112: Sale of used cars and light motor vehicles
- Next accounts due: 2027-01-30
- Confirmation statement due: 2027-06-03
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 566 comparable companies in Essex (median £2,128, upper quartile £37k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-04-30 | −£37k | £49k | — | £334k | — | — | 4 |
| 2024-04-30 | £42k | £72k | £124k | £369k | — | — | 5 |

current ratio 2.12; size band micro.

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

- Net assets below zero: Net assets £-36,872 at 30 April 2025
- Net assets down 25% or more on the prior period: -188.8% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 2.12
- Incorporated five or more years ago: Incorporated 20 May 2016

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

## Persons with significant control

- Mr Greg Michael Avery — owns 25–50% of shares, since 2017-04-06
- Mr Abubakar Ahmed — owns 25–50% of shares, since 2017-04-06

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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/10190995
HTML: https://firmoscan.com/company/10190995-bettercar-limited