# PREMIUM MOTORZ LTD (13703239)

> PREMIUM MOTORZ LTD is an active private limited company (company number 13703239) incorporated on 25 October 2021, registered in London. Its registered activity is sale of used cars and light motor vehicles (SIC 45112). Latest small accounts cover the period ending 31 October 2024, showing net assets of −£24 and cash of £105, with 0 employees on average. Net assets fell 104% on the prior period (£668).

- Status: Active
- Incorporated: 2021-10-25
- Registered office: London, SW15 2AY
- SIC 45112: Sale of used cars and light motor vehicles
- Next accounts due: 2026-07-31
- Confirmation statement due: 2026-11-08
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 1,799 comparable companies in London (median £522, upper quartile £16k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-10-31 | −£24 | £105 | — | £129 | — | — | 0 |
| 2023-10-31 | £668 | £1,396 | — | £728 | — | — | 0 |

current ratio 0.81; size band micro.

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

- Net assets below zero: Net assets £-24 at 31 October 2024
- Net assets down 25% or more on the prior period: -103.6% vs prior period
- Current assets below creditors within one year: Current ratio 0.81
- Incorporated two to five years ago: Incorporated 25 October 2021
- Accounts past their due date: Due 31 July 2026

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

## Persons with significant control

- Mr Waleed Bhatti — owns 75–100% of shares, since 2021-10-25

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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/13703239
HTML: https://firmoscan.com/company/13703239-premium-motorz-ltd