# SHUG'S WHEELS LTD (SC818761)

> SHUG'S WHEELS LTD is an active private limited company (company number SC818761) incorporated on 7 August 2024, registered in Glasgow. Its registered activity is renting and leasing of cars and light motor vehicles (SIC 77110). Latest small accounts cover the period ending 31 August 2025, showing net assets of £50k and cash of £20k, with 0 employees on average.

- Status: Active
- Incorporated: 2024-08-07
- Registered office: Glasgow, G33 3PU
- SIC 77110: Renting and leasing of cars and light motor vehicles
- SIC 77120: Renting and leasing of trucks and other heavy vehicles
- Next accounts due: 2027-05-31
- Confirmation statement due: 2027-08-21
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 107 comparable companies in Glasgow (median £2, upper quartile £10k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-08-31 | £50k | £20k | £39k | £73k | — | — | 0 |

current ratio 0.8; size band micro.

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

- Net assets above zero: Net assets £50,051 at 31 August 2025
- Current assets below creditors within one year: Current ratio 0.8
- Incorporated two to five years ago: Incorporated 7 August 2024

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

## Persons with significant control

- Mr Hugh Jeffrey — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2024-08-07

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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/SC818761
HTML: https://firmoscan.com/company/SC818761-shug-s-wheels-ltd