# EAST WHEELS LTD (15354734)

> EAST WHEELS LTD is an active private limited company (company number 15354734) incorporated on 15 December 2023, registered in Ilford. Its registered activity is sale of used cars and light motor vehicles (SIC 45112). Latest small accounts cover the period ending 31 December 2024, showing net assets of −£8,959 and cash of £1,755, with 1 employee on average.

- Status: Active
- Incorporated: 2023-12-15
- Registered office: Ilford, IG1 2BG
- SIC 45112: Sale of used cars and light motor vehicles
- SIC 45190: Sale of other motor vehicles
- SIC 45200: Maintenance and repair of motor vehicles
- SIC 45400: Sale, maintenance and repair of motorcycles and related parts and accessories
- Next accounts due: 2026-09-30
- Confirmation statement due: 2026-12-29
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 2,463 comparable companies in Greater London (median £2,488, upper quartile £29k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | −£8,959 | £1,755 | — | £500 | — | — | 1 |

current ratio 3.51; size band micro.

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

- Net assets below zero: Net assets £-8,959 at 31 December 2024
- Current assets at least 1.5× creditors within one year: Current ratio 3.51
- Incorporated two to five years ago: Incorporated 15 December 2023
- Accounts past their due date: Due 30 September 2026

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

## Persons with significant control

- Mr Jubaer Al Rasheed — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2023-12-15

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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/15354734
HTML: https://firmoscan.com/company/15354734-east-wheels-ltd