- Companies
- Motor traders
- Watford
- Lateral Performance Limited
Lateral Performance Limited
- Company number
- 04517474
- Incorporated
- 22 Aug 200224 years trading
- Registered office
- 78 Queens Road, Watford, WD17 2LA
- Nature of business
- Wholesale trade of motor vehicle parts and accessories
Lateral Performance Limited is a 24-year-old private limited company registered in Watford, company number 04517474, one of 161 motor trade companies in Watford. Its next accounts are due at Companies House on 2 June 2027, and its first CT600 is due at HMRC on 31 August 2027.
Key dates
Worked out from the year end and filing history on the Companies House register.
Is this your company?
File the accounts to Companies House and the CT600 to HMRC yourself with A.X.E.L Filing. One set of questions, both filings, £49 flat. No accountant, no subscription.
File for Lateral Performance LimitedOr get a reminder before each deadline
Free. We email you 60, 30, 14, 7 and 1 days before the accounts, CT600 and confirmation statement are due. Unsubscribe in one click.
Finances
From each year's balance sheet filed at Companies House. Small companies do not have to publish turnover or profit, so these are balance sheet figures.
- Net assets down £36K on the year before, to -£34K.
- Net assets rose in 1 of 9 year-on-year comparisons on record.
- Current assets of £269K against £306K owed within a year: 0.9 times cover.
- 1 employee on average during the year.
- Balance sheets on record for 10 years, 2016 to 2025.
Net assets by year
| Year end | Net assets | Cash | Current assets | Owed within a year | Employees |
|---|---|---|---|---|---|
| 31 Aug 2025 | -£34K | £269K | £306K | 1 | |
| 31 Aug 2024 | £2,196 | £320K | £317K | 1 | |
| 31 Aug 2023 | £29K | £373K | £348K | 1 | |
| 31 Aug 2022 | £41K | £270K | £230K | 1 | |
| 31 Aug 2021 | £65K | £249K | £182K | 1 | |
| 31 Aug 2020 | £85K | £91K | £12K | 1 | |
| 31 Aug 2019 | £68K | £261K | £199K | 1 | |
| 31 Aug 2018 | £109K | £296K | £204K | ||
| 31 Aug 2017 | £185K | £322K | £151K | ||
| 31 Aug 2016 | £185K | £134K | £322K | £151K |
Where Lateral Performance Limited is registered
The registered office is in Watford (WD17), in the Watford local authority area, East of England. Show WD17 2LA on a map.
Other trade companies in WD17
- Ramauto LimitedMotor traders
- A1 Motors Watford LtdMechanics and garages
- Kola Brickwork LtdInstallers
- Appleby's Mechanical Services LtdPlumbers and heating engineers
- Kpu Services LtdProperty developers
- Highmark Investments LtdBuilders
- Boriama Private Office LimitedCleaning companies
- Oldsy Install LtdInstallers
Also registered at this address
6 other companies use the same registered office as Lateral Performance Limited.
- Arafat LtdMotor traders
- Crownstone Investments LtdBuilders
- Djas Support Services LtdSpecialist contractors
- Global Auto Trading LtdMotor traders
- Highmark Investments LtdBuilders
- Kallarview Developments LimitedProperty developers
What happens if Lateral Performance Limited files late
Companies House charges an automatic penalty the day after the deadline, and it rises the longer the accounts are late. These are the dates for this company's accounts due on 2 June 2027.
| Companies House | Accounts delivered | Penalty |
|---|---|---|
| Up to 1 month late | 3 Jun 2027 to 2 Jul 2027 | £150 |
| 1 to 3 months late | 3 Jul 2027 to 2 Sep 2027 | £375 |
| 3 to 6 months late | 3 Sep 2027 to 2 Dec 2027 | £750 |
| More than 6 months late | From 3 Dec 2027 | £1,500 |
Penalties double if the accounts were also late the year before.
| HMRC (CT600) | From | Penalty |
|---|---|---|
| 1 day late | 3 Sep 2027 | £200 |
| 3 months late | 2 Dec 2027 | another £200 |
| 6 months late | 2 Mar 2028 | HMRC estimates the tax and adds 10% of the unpaid tax |
| 12 months late | 2 Sep 2028 | another 10% of any unpaid tax |
For returns filed on or after 1 April 2026. Late three times in a row and the £200 penalties become £1,000 each.
Company details
As held on the Companies House register.
- Company number
- 04517474
- Status
- Active
- Company type
- Private limited company
- Incorporated
- 22 August 2002 (24 years ago)
- Registered office
- 78 Queens Road, Watford, WD17 2LA
- Nature of business
- Wholesale trade of motor vehicle parts and accessories (SIC 45310)
- Year end
- 2 September (accounting reference date)
- Accounts type
- Micro-entity
- Last accounts made up to
- 31 August 2025
- Last confirmation statement
- 22 August 2025
Filing notes for motor trade companies
Motor trade companies hold vehicle stock, and how that stock is valued at the year end moves the profit directly. Some use the VAT margin scheme.
Similar companies in Watford
Other active motor trade companies registered in Watford.
- Latex Ltd2025
- Legacy Motors Automotive Ltd2026
- Luxury Tinting Ltd2020
- M&E Motors Ltd2026
- M.A.D. Motor Spares Limited2013
- Ma Courriers Ltd2026
- Maas Services Ltd2018
- Magrinhos Garage Limited2026
All motor trade companies in Watford · All trades in Watford · Motor traders across the UK
Frequently asked questions
When are Lateral Performance Limited's accounts due?
Lateral Performance Limited's next accounts are due at Companies House by 2 June 2027 (in 232 days), covering the period to 2 September 2026.
When is Lateral Performance Limited's CT600 due?
The first accounts cover more than 12 months, so there are two Company Tax Returns: one for the 12 months to 31 August 2026, due by 31 August 2027, and one for the period to 2 September 2026, due by 2 September 2027. Corporation tax is payable 9 months and 1 day after the end of each.
Is Lateral Performance Limited still trading?
Lateral Performance Limited is listed as active on the Companies House register (checked 13 Oct 2026). Active means it has not been dissolved or entered insolvency; it does not show whether it is currently taking on work.
What does Lateral Performance Limited do?
Lateral Performance Limited is registered under Wholesale trade of motor vehicle parts and accessories (SIC 45310).
How old is Lateral Performance Limited?
Lateral Performance Limited was incorporated on 22 August 2002, 24 years ago.
What is the penalty if Lateral Performance Limited files its accounts late?
Companies House charges £150 if the accounts are up to 1 month late, £375 up to 3 months, £750 up to 6 months and £1,500 after that, doubled if the previous year's accounts were also late. HMRC charges £200 for a CT600 filed a day late and another £200 at 3 months.
Official records
View Lateral Performance Limited on Companies House for filed documents, officers and the full history.
Based on the Companies House register (snapshot 1 Oct 2026, rechecked 13 Oct 2026). Deadlines are worked out from the register and assume a standard accounting period; a change of year end or a short period moves them. This page is general information, not tax or accountancy advice.