# WHEELS FOR LESS LIMITED (10948002)

> WHEELS FOR LESS LIMITED is an active private limited company (company number 10948002) incorporated on 6 September 2017, registered in Ilford. Its registered activity is sale of used cars and light motor vehicles (SIC 45112). Latest micro accounts cover the period ending 27 September 2025, showing net assets of −£142k, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 93% on the prior period (−£73k).

- Status: Active
- Incorporated: 2017-09-06
- Registered office: Ilford, IG1 1BF
- SIC 45112: Sale of used cars and light motor vehicles
- Next accounts due: 2027-06-27
- Confirmation statement due: 2027-09-20
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 2,463 comparable companies in Greater London (median £2,488, upper quartile £29k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-09-27 | −£142k | — | — | £357k | — | — | 2 |
| 2024-09-27 | −£73k | — | — | £360k | — | — | 2 |

current ratio 0.62; size band micro.

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

- Net assets below zero: Net assets £-141,620 at 27 September 2025
- Net assets down 25% or more on the prior period: -93.1% vs prior period
- Current assets below creditors within one year: Current ratio 0.62
- Incorporated five or more years ago: Incorporated 6 September 2017

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

## Persons with significant control

- Mr Zishan Ali Khan — owns 25–50% of shares; holds 25–50% of voting rights, since 2017-09-06
- Mr Mohammad Ali Khan — owns 25–50% of shares; holds 25–50% of voting rights, since 2017-09-06

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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/10948002
HTML: https://firmoscan.com/company/10948002-wheels-for-less-limited