# PERFORMANCE ON WHEELS LTD (15303743)

> PERFORMANCE ON WHEELS LTD is an active private limited company (company number 15303743) incorporated on 22 November 2023, registered in Cradley Heath. Its registered activity is sale of used cars and light motor vehicles (SIC 45112). Latest micro accounts cover the period ending 30 November 2025, showing net assets of £13k, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 990% on the prior period (£1,218).

- Status: Active
- Incorporated: 2023-11-22
- Registered office: Cradley Heath, B64 5HY
- SIC 45112: Sale of used cars and light motor vehicles
- Next accounts due: 2027-08-30
- Confirmation statement due: 2026-12-06
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 1,406 comparable companies in Birmingham (median £2,359, upper quartile £30k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-11-30 | £13k | — | — | £16k | — | — | 0 |
| 2024-11-30 | £1,218 | — | — | £6,356 | — | — | 0 |

current ratio 1.72; size band micro.

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

- Net assets above zero: Net assets £13,275 at 30 November 2025
- Net assets up 10% or more on the prior period: +989.9% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.72
- Incorporated two to five years ago: Incorporated 22 November 2023

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

## Persons with significant control

- Mr Matei Dima — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2023-11-22

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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/15303743
HTML: https://firmoscan.com/company/15303743-performance-on-wheels-ltd