# FORMULA ONE CAR CENTRE LIMITED (SC305930)

> FORMULA ONE CAR CENTRE LIMITED is an active private limited company (company number SC305930) incorporated on 26 July 2006, registered in Glasgow. Its registered activity is sale of used cars and light motor vehicles (SIC 45112). Latest small accounts cover the period ending 31 July 2025, showing net assets of £3.67m and cash of £98k, with 7 employees on average. Net assets rose 2% on the prior period (£3.61m).

- Status: Active
- Incorporated: 2006-07-26
- Registered office: Glasgow, G73 2JP
- SIC 45112: Sale of used cars and light motor vehicles
- Next accounts due: 2027-04-30
- Confirmation statement due: 2027-08-09
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 264 comparable companies in Glasgow (median £3,301, upper quartile £68k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-07-31 | £3.67m | £98k | £4.47m | £1.58m | — | — | 7 |
| 2024-07-31 | £3.61m | £135k | £3.99m | £1.51m | — | — | 7 |

current ratio 3.32; size band micro.

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

- Net assets above zero: Net assets £3,666,709 at 31 July 2025
- Current assets at least 1.5× creditors within one year: Current ratio 3.32
- Cash at bank of £50,000 or more: Cash £97,811
- Incorporated five or more years ago: Incorporated 26 July 2006

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

## Persons with significant control

- Miss Laura Jayne Sinclair — owns 25–50% of shares, since 2016-04-06
- Mr Lee Robert Sinclair — owns 25–50% of shares, since 2016-04-06

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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/SC305930
HTML: https://firmoscan.com/company/SC305930-formula-one-car-centre-limited