- Companies
- Motor traders
- Palmers Green
- London Speed Limited
London Speed Limited
- Company number
- 07404652
- Incorporated
- 12 Oct 201016 years trading
- Registered office
- 255 Green Lanes, Palmers Green, London, N13 4XE
- Nature of business
- Sale, maintenance and repair of motorcycles and related parts and accessories
London Speed Limited is a 16-year-old private limited company registered in Palmers Green, company number 07404652, one of 8 motor trade companies in Palmers Green. Its next accounts are due at Companies House on 28 February 2027, and the CT600 for the period to 31 May 2026 is due at HMRC on 31 May 2027.
Key dates
Worked out from the year end and filing history on the Companies House register.
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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 £154K (-8%) on the year before, to £1.8M.
- Net assets rose in 7 of 9 year-on-year comparisons on record.
- Current assets of £2M against £392K owed within a year: 5.1 times cover.
- 8 employees 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 May 2025 | £1.8M | £605K | £2M | £392K | 8 |
| 31 May 2024 | £1.9M | £456K | £2M | £215K | 8 |
| 31 May 2023 | £2M | £661K | £2.4M | £542K | 8 |
| 31 May 2022 | £1.9M | £1.2M | £2.2M | £503K | 8 |
| 31 May 2021 | £1.6M | £1M | £1.9M | £510K | 9 |
| 31 May 2020 | £964K | £696K | £1.6M | £888K | 7 |
| 31 May 2019 | £749K | £386K | £943K | £398K | 6 |
| 31 May 2018 | £618K | £225K | £769K | £372K | 6 |
| 31 May 2017 | £539K | £121K | £524K | £224K | 6 |
| 31 May 2016 | £404K | £148K | £547K | £395K |
Where London Speed Limited is registered
The registered office is in Palmers Green (N13), in the Enfield local authority area, London. Show N13 4XE on a map.
Other trade companies in N13
- GKK Contractors LtdBuilders
- Baran MOT LimitedMechanics and garages
- Vick & Victor - Painting & Decorating LtdPainters and decorators
- Meti Flow Solutions LtdBuilders
- XP Plastering & Rendering LtdBuilders
- MD Crafted LtdSpecialist contractors
- Skilled Trades UK LtdPainters and decorators
- Danni Plumbing LtdPlumbers and heating engineers
Shared registered office
28 companies on our pages use this registered office address. An address shared this widely is usually an accountant's office or a company formation agent's service address, not where the business trades from.
What happens if London Speed 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 28 February 2027.
| Companies House | Accounts delivered | Penalty |
|---|---|---|
| Up to 1 month late | 1 Mar 2027 to 31 Mar 2027 | £150 |
| 1 to 3 months late | 1 Apr 2027 to 31 May 2027 | £375 |
| 3 to 6 months late | 1 Jun 2027 to 31 Aug 2027 | £750 |
| More than 6 months late | From 1 Sep 2027 | £1,500 |
Penalties double if the accounts were also late the year before.
| HMRC (CT600) | From | Penalty |
|---|---|---|
| 1 day late | 1 Jun 2027 | £200 |
| 3 months late | 31 Aug 2027 | another £200 |
| 6 months late | 30 Nov 2027 | HMRC estimates the tax and adds 10% of the unpaid tax |
| 12 months late | 31 May 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
- 07404652
- Status
- Active
- Company type
- Private limited company
- Incorporated
- 12 October 2010 (16 years ago)
- Registered office
- 255 Green Lanes, Palmers Green, London, N13 4XE
- Nature of business
- Sale, maintenance and repair of motorcycles and related parts and accessories (SIC 45400)
- Year end
- 31 May (accounting reference date)
- Accounts type
- Total exemption (full)
- Last accounts made up to
- 31 May 2025
- Last confirmation statement
- 25 September 2026
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 Palmers Green
Other active motor trade companies registered in Palmers Green.
- Prestine Automotives Ltd2024
- SJP Direct Limited2019
- Triangle Car Sales Ltd.2002
- A.C. Motors Trading Limited2006
- Chiswick Tyres Limited2010
- Exsupero Limited2015
- Halegood Solutions Ltd2009
All motor trade companies in Palmers Green · All trades in Palmers Green · Motor traders across the UK
Frequently asked questions
When are London Speed Limited's accounts due?
London Speed Limited's next accounts are due at Companies House by 28 February 2027 (in 138 days), covering the period to 31 May 2026.
When is London Speed Limited's CT600 due?
The CT600 for the period to 31 May 2026 is due at HMRC by 31 May 2027, 12 months after the period end. The corporation tax itself is payable earlier, by 1 March 2027.
Is London Speed Limited still trading?
London Speed Limited is listed as active on the Companies House register as of 1 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 London Speed Limited do?
London Speed Limited is registered under Sale, maintenance and repair of motorcycles and related parts and accessories (SIC 45400).
How old is London Speed Limited?
London Speed Limited was incorporated on 12 October 2010, 16 years ago.
What is the penalty if London Speed 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 London Speed Limited on Companies House for filed documents, officers and the full history.
Based on the Companies House register (snapshot 1 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.