# PLANET GEARS LTD (15241551)

> PLANET GEARS LTD is an active private limited company (company number 15241551) incorporated on 27 October 2023, registered in Orpington. Its registered activity is maintenance and repair of motor vehicles (SIC 45200). Latest micro accounts cover the period ending 31 October 2025, showing net assets of £120, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 44% on the prior period (£215).

- Status: Active
- Incorporated: 2023-10-27
- Registered office: Orpington, BR5 4BP
- SIC 45200: Maintenance and repair of motor vehicles
- Next accounts due: 2027-07-31
- Confirmation statement due: 2026-11-10
- Accounts type: MICRO ENTITY

By net assets it sits in the lower half of 2,707 comparable companies in Greater London (median £1,900, upper quartile £23k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-10-31 | £120 | — | — | £8,320 | — | — | 1 |
| 2024-10-31 | £215 | — | — | — | — | — | 1 |

current ratio 1.01; size band micro.

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

- Net assets above zero: Net assets £120 at 31 October 2025
- Net assets down 25% or more on the prior period: -44.2% vs prior period
- Incorporated two to five years ago: Incorporated 27 October 2023

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

## Persons with significant control

- Mr Soni Kizhakke Ambiyayam Joseph — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2023-10-27

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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/15241551
HTML: https://firmoscan.com/company/15241551-planet-gears-ltd