# WHEELLAB LIMITED (10920519)

> WHEELLAB LIMITED is an active private limited company (company number 10920519) incorporated on 17 August 2017, registered in Banbury. Its registered activity is engineering design activities for industrial process and production (SIC 71121). Latest small accounts cover the period ending 31 December 2025, showing net assets of £128k and cash of £104k, with 3 employees on average. Net assets fell 29% on the prior period (£179k). Across the last 3 periods on record the net-asset trend is volatile.

- Status: Active
- Incorporated: 2017-08-17
- Registered office: Banbury, OX15 6AY
- SIC 71121: Engineering design activities for industrial process and production
- SIC 71122: Engineering related scientific and technical consulting activities
- Next accounts due: 2027-09-30
- Confirmation statement due: 2027-08-31
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 72 comparable companies in Oxford (median £4,234, upper quartile £102k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | £128k | £104k | — | £31k | — | — | 3 |
| 2024-12-31 | £179k | £150k | — | £66k | — | — | 3 |
| 2023-12-31 | £127k | £92k | — | £57k | — | — | 3 |

current ratio 4.49; net assets trend volatile; size band micro.

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

- Net assets above zero: Net assets £127,787 at 31 December 2025
- Net assets down 25% or more on the prior period: -28.7% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 4.49
- Cash at bank of £50,000 or more: Cash £103,573
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 17 August 2017

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

## Persons with significant control

- Wheel Solutions Group Ltd (corporate-entity) — owns 25–50% of shares, since 2019-01-01
- Mrs Richelle Taylor — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2021-05-13
- Mr Gregory Taylor — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2021-05-13

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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/10920519
HTML: https://firmoscan.com/company/10920519-wheellab-limited