# DIRECT LEASE LTD (12854146)

> DIRECT LEASE LTD is an active private limited company (company number 12854146) incorporated on 3 September 2020, registered in Walsall. Its registered activity is renting and leasing of cars and light motor vehicles (SIC 77110). Latest small accounts cover the period ending 30 September 2025, showing net assets of £16k and cash of £1,302, with 0 employees on average. Net assets fell 22% on the prior period (£20k).

- Status: Active
- Incorporated: 2020-09-03
- Registered office: Walsall, WS5 3DU
- SIC 77110: Renting and leasing of cars and light motor vehicles
- Next accounts due: 2027-06-30
- Confirmation statement due: 2027-09-17
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 218 comparable companies in Birmingham (median £10, upper quartile £7,690).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-09-30 | £16k | £1,302 | — | £1,808 | — | — | 0 |
| 2024-09-30 | £20k | £5,090 | — | £1,388 | — | — | 0 |

current ratio 0.72; size band micro.

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

- Net assets above zero: Net assets £15,568 at 30 September 2025
- Current assets below creditors within one year: Current ratio 0.72
- Incorporated five or more years ago: Incorporated 3 September 2020

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

## Persons with significant control

- Mr Waqar Ahmed Nazir — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2020-09-03

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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/12854146
HTML: https://firmoscan.com/company/12854146-direct-lease-ltd