# CAR PALACE LTD (13476919)

> CAR PALACE LTD is an active private limited company (company number 13476919) incorporated on 25 June 2021, registered in Leicester. Its registered activity is sale of used cars and light motor vehicles (SIC 45112). Latest micro accounts cover the period ending 30 June 2025, showing net assets of £147k, with 3 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 903% on the prior period (£15k).

- Status: Active
- Incorporated: 2021-06-25
- Registered office: Leicester, LE4 7AN
- SIC 45112: Sale of used cars and light motor vehicles
- SIC 46900: Non-specialised wholesale trade
- Next accounts due: 2027-03-30
- Confirmation statement due: 2027-07-09
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 439 comparable companies in Leicester (median £4,054, upper quartile £42k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-06-30 | £147k | — | — | £3,386 | — | — | 3 |
| 2024-06-30 | £15k | — | — | £25k | — | — | 2 |

current ratio 18.5; size band micro.

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

- Net assets above zero: Net assets £147,481 at 30 June 2025
- Net assets up 10% or more on the prior period: +903.3% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 18.5
- Incorporated five or more years ago: Incorporated 25 June 2021

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

## Persons with significant control

- Mr Pankaj Vachani Vachani — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2021-06-25

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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/13476919
HTML: https://firmoscan.com/company/13476919-car-palace-ltd