# DEALS WHEELS LTD (15085632)

> DEALS WHEELS LTD is an active private limited company (company number 15085632) incorporated on 21 August 2023, registered in Nelson. Its registered activity is sale of used cars and light motor vehicles (SIC 45112). Latest small accounts cover the period ending 31 August 2025, showing net assets of £3,527 and cash of £9,153, with 3 employees on average. Net assets rose 202% on the prior period (£1,168).

- Status: Active
- Incorporated: 2023-08-21
- Registered office: Nelson, BB9 9XT
- SIC 45112: Sale of used cars and light motor vehicles
- Next accounts due: 2027-05-31
- Confirmation statement due: 2027-09-04
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the lower half of 521 comparable companies in Lancashire (median £6,422, upper quartile £71k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-08-31 | £3,527 | £9,153 | — | £5,626 | — | — | 3 |
| 2024-08-31 | £1,168 | £5,630 | — | £4,462 | — | — | 2 |

current ratio 1.63; size band micro.

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

- Net assets above zero: Net assets £3,527 at 31 August 2025
- Net assets up 10% or more on the prior period: +202.0% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.63
- Incorporated two to five years ago: Incorporated 21 August 2023

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

## Persons with significant control

- Mr Muhammad Waqas Akbar — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2023-08-21

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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/15085632
HTML: https://firmoscan.com/company/15085632-deals-wheels-ltd