# LOCAR LIMITED (12261935)

> LOCAR LIMITED is an active private limited company (company number 12261935) incorporated on 15 October 2019, registered in Potters Bar. Its registered activity is sale of used cars and light motor vehicles (SIC 45112). Latest small accounts cover the period ending 31 October 2025, showing net assets of £171k and cash of £42k, with 4 employees on average. Net assets rose 40% on the prior period (£122k).

- Status: Active
- Incorporated: 2019-10-15
- Registered office: Potters Bar, EN6 3DQ
- SIC 45112: Sale of used cars and light motor vehicles
- SIC 77110: Renting and leasing of cars and light motor vehicles
- Next accounts due: 2027-07-31
- Confirmation statement due: 2026-10-29
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top 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 |
|---|---|---|---|---|---|---|---|
| 2025-10-31 | £171k | £42k | £97k | £705k | — | — | 4 |
| 2024-10-31 | £122k | £63k | £108k | £931k | — | — | 3 |

current ratio 0.2; size band micro.

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

- Net assets above zero: Net assets £171,290 at 31 October 2025
- Net assets up 10% or more on the prior period: +40.1% vs prior period
- Current assets below creditors within one year: Current ratio 0.2
- Incorporated five or more years ago: Incorporated 15 October 2019

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

## Persons with significant control

- Mr Adam James Wheeler — owns 25–50% of shares; holds 25–50% of voting rights, since 2019-10-15
- Ms Chloe Melissa Wheeler — owns 25–50% of shares, since 2026-07-15

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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/12261935
HTML: https://firmoscan.com/company/12261935-locar-limited