# BUDGET SERVICES LTD (12039514)

> BUDGET SERVICES LTD is an active (proposal to strike off) private limited company (company number 12039514) incorporated on 7 June 2019, registered in Ilford. Its registered activity is renting and leasing of cars and light motor vehicles (SIC 77110). Latest micro accounts cover the period ending 31 March 2026, showing net assets of £20k, 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 rose 20% on the prior period (£16k). Across the last 3 periods on record the net-asset trend is rising.

- Status: Active - Proposal to Strike off
- Incorporated: 2019-06-07
- Registered office: Ilford, IG3 8TF
- SIC 77110: Renting and leasing of cars and light motor vehicles
- Next accounts due: 2027-12-31
- Confirmation statement due: 2027-06-21
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 483 comparable companies in Greater London (median £361, upper quartile £15k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2026-03-31 | £20k | — | — | — | — | — | 2 |
| 2025-03-31 | £16k | — | — | — | — | — | 3 |
| 2024-03-31 | £11k | — | — | — | — | — | 3 |
| 2023-06-30 | −£6,317 | — | — | — | — | — | 3 |

net assets trend rising; size band micro.

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

- Net assets above zero: Net assets £19,809 at 31 March 2026
- Net assets up 10% or more on the prior period: +20.3% vs prior period
- Three or more accounting periods on record: 4 periods on record
- Incorporated five or more years ago: Incorporated 7 June 2019
- Register status is not Active: Active - Proposal to Strike off

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

## Persons with significant control

- Mr Shakeel Ahmed — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2019-06-07

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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/12039514
HTML: https://firmoscan.com/company/12039514-budget-services-ltd