- Companies
- Motor traders
- Letchworth Garden City
- Prefer 2 Trade Ltd
Prefer 2 Trade Ltd
- Company number
- 09862457
- Incorporated
- 9 Nov 201510 years trading
- Registered office
- Unit 1B Focus 4, Fourth Avenue, Letchworth Garden City, Hertfordshire, SG6 2TU
- Nature of business
- Sale of used cars and light motor vehicles
Prefer 2 Trade Ltd is a 10-year-old private limited company registered in Letchworth Garden City, company number 09862457, one of 19 motor trade companies in Letchworth Garden City. 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 up £29K (+56.4%) on the year before, to -£23K.
- Net assets rose in 4 of 8 year-on-year comparisons on record.
- Current assets of £159K against £181K owed within a year: 0.9 times cover.
- 1 employee on average, up from 0 the year before.
- Balance sheets on record for 9 years, 2016 to 2025.
Net assets by year
| Year end | Net assets | Cash | Current assets | Owed within a year | Employees |
|---|---|---|---|---|---|
| 31 May 2025 | -£23K | £159K | £181K | 1 | |
| 31 May 2024 | -£52K | £149K | £201K | 0 | |
| 31 May 2023 | -£56K | £0 | £56K | 0 | |
| 31 May 2022 | -£55K | £38K | £93K | 0 | |
| 31 May 2021 | -£69K | £555 | £69K | 0 | |
| 31 May 2020 | £1 | £0 | |||
| 31 May 2019 | -£69K | £33K | £101K | ||
| 30 Nov 2017 | -£44K | £138K | £181K | ||
| 30 Nov 2016 | -£32K | £11K | £17K | £49K |
Where Prefer 2 Trade Ltd is registered
The registered office is in Letchworth Garden City (SG6), in the North Hertfordshire local authority area, East of England. Show SG6 2TU on a map.
Other trade companies in SG6
- Combined Auto Services LimitedMotor traders
- G.O.A.L Energy Services LtdElectricians
- Bedmond Construction LtdProperty developers
- Barski Property Care LtdBuilders
- PK Construction and Stones LimitedBuilders
- McCormack Maintenance LtdCivil engineering
- Nitdas Cleaning Solution LtdCleaning companies
- Nbtotalproperty LtdLandscapers and gardeners
Also registered at this address
12 other companies use the same registered office as Prefer 2 Trade Ltd.
- Blue Whale Plumbing and Heating LtdPlumbers and heating engineers
- Brown's Antiques, Billiards & Interiors LimitedRepair services
- Bywater Plumbing & Heating LimitedPlumbers and heating engineers
- D M Petroleum Services LimitedInstallers
- Dilpreet Brickwork LtdBuilders
- First Choice Scaffolding LimitedScaffolders
- Igb Fencing LimitedJoiners and carpenters
- L B P Plumbing and Heating LimitedPlumbers and heating engineers
- Nomoli Holdings (Roydon) LimitedProperty developers
- Polo Painters & Protective Coatings LtdPainters and decorators
- R & P Bloss Builders LimitedBuilders
- T C Seamarks (Shot & Sand Blasting) LimitedSpecialist contractors
What happens if Prefer 2 Trade Ltd 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
- 09862457
- Status
- Active
- Company type
- Private limited company
- Incorporated
- 9 November 2015 (10 years ago)
- Registered office
- Unit 1B Focus 4, Fourth Avenue, Letchworth Garden City, Hertfordshire, SG6 2TU
- Nature of business
- Sale of used cars and light motor vehicles (SIC 45112)
- Year end
- 31 May (accounting reference date)
- Accounts type
- Micro-entity
- Last accounts made up to
- 31 May 2025
- Last confirmation statement
- 14 October 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 Letchworth Garden City
Other active motor trade companies registered in Letchworth Garden City.
- Rapid Charge Anywhere Limited2022
- Supreme Tyres Ltd2024
- Torque Racing Services Limited2013
- Triple Six Motorcycles Ltd2024
- Ak Tyres and Repair Centre Ltd2025
- Black & White Automotive Ltd2023
- Cambridge Motorsport Parts Limited2006
- Camper Conversion Specialists Ltd2024
All motor trade companies in Letchworth Garden City · All trades in Letchworth Garden City · Motor traders across the UK
Frequently asked questions
When are Prefer 2 Trade Ltd's accounts due?
Prefer 2 Trade Ltd's next accounts are due at Companies House by 28 February 2027 (in 138 days), covering the period to 31 May 2026.
When is Prefer 2 Trade Ltd'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 Prefer 2 Trade Ltd still trading?
Prefer 2 Trade Ltd 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 Prefer 2 Trade Ltd do?
Prefer 2 Trade Ltd is registered under Sale of used cars and light motor vehicles (SIC 45112).
How old is Prefer 2 Trade Ltd?
Prefer 2 Trade Ltd was incorporated on 9 November 2015, 10 years ago.
What is the penalty if Prefer 2 Trade Ltd 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 Prefer 2 Trade Ltd 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.