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  4. Schofields of Lancashire Ltd

Schofields of Lancashire Ltd

ActiveTotal exemption (full) accountsMotor tradersPreston
Company number
11414215
Incorporated
13 Jun 20188 years trading
Registered office
138 Southport New Road, Tarleton, Preston, PR4 6HY
Nature of business
Sale of new cars and light motor vehicles; Sale of used cars and light motor vehicles
Accounts due in
138 days
28 Feb 2027
Net assets
£101K▲
+31.5% on the year before
Cash at bank
£66K▼
At 31 May 2025
Employees
0
Average during the year
From the Companies House register, 1 Oct 2026

Schofields of Lancashire Ltd is a 8-year-old private limited company registered in Preston, company number 11414215, one of 245 motor trade companies in Preston. 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.

Accounts due
28 Feb 2027
in 138 days
For the period to 31 May 2026
CT600 due
31 May 2027
in 230 days
Period 1 Jun 2025 to 31 May 2026
Corporation tax payment
1 Mar 2027
in 139 days
9 months and 1 day after the period end
Confirmation statement
31 May 2027
in 230 days
Last made up to 17 May 2026

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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 £24K (+31.5%) on the year before, to £101K.
  • Net assets rose in 6 of 7 year-on-year comparisons on record.
  • Current assets of £423K against £172K owed within a year: 2.5 times cover.
  • No employees reported for the latest year (directors are often not counted as employees).
  • Balance sheets on record for 8 years, 2019 to 2025.

Net assets by year

Net assets at each year end, 2019 to 2025£0£50K£100K30 June 2019: net assets £7,179£7,179201930 June 2020: net assets £28K£28K202031 May 2021: net assets £30K£30K202130 June 2021: net assets £30K£30K202131 May 2022: net assets £64K£64K202231 May 2023: net assets £69K£69K202331 May 2024: net assets £77K£77K202431 May 2025: net assets £101K£101K2025
Net assets at each year end, 2019 to 2025£0£50K£100K30 June 2019: net assets £7,179£7,179'1930 June 2020: net assets £28K£28K'2031 May 2021: net assets £30K£30K'2130 June 2021: net assets £30K£30K'2131 May 2022: net assets £64K£64K'2231 May 2023: net assets £69K£69K'2331 May 2024: net assets £77K£77K'2431 May 2025: net assets £101K£101K'25
Year endNet assetsCashCurrent assetsOwed within a yearEmployees
31 May 2025£101K£66K£423K£172K0
31 May 2024£77K£107K£460K£261K2
31 May 2023£69K£51K£358K£269K2
31 May 2022£64K£73K£230K£140K2
30 Jun 2021£30K£21K£207K£143K2
31 May 2021£30K£21K£207K£143K2
30 Jun 2020£28K£14K£138K£61K2
30 Jun 2019£7,179£10K£40K£32K2

Where Schofields of Lancashire Ltd is registered

Schofields of Lancashire Ltd's registered office on a map of the UK

The registered office is in Preston (PR4), in the West Lancashire local authority area, North West. Show PR4 6HY on a map.

Other trade companies in PR4

What happens if Schofields of Lancashire 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 HouseAccounts deliveredPenalty
Up to 1 month late1 Mar 2027 to 31 Mar 2027£150
1 to 3 months late1 Apr 2027 to 31 May 2027£375
3 to 6 months late1 Jun 2027 to 31 Aug 2027£750
More than 6 months lateFrom 1 Sep 2027£1,500

Penalties double if the accounts were also late the year before.

HMRC (CT600)FromPenalty
1 day late1 Jun 2027£200
3 months late31 Aug 2027another £200
6 months late30 Nov 2027HMRC estimates the tax and adds 10% of the unpaid tax
12 months late31 May 2028another 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
11414215
Status
Active
Company type
Private limited company
Incorporated
13 June 2018 (8 years ago)
Registered office
138 Southport New Road, Tarleton, Preston, PR4 6HY
Nature of business
Sale of new cars and light motor vehicles (SIC 45111)
Sale of used cars and light motor vehicles (SIC 45112)
Year end
31 May (accounting reference date)
Accounts type
Total exemption (full)
Last accounts made up to
31 May 2025
Last confirmation statement
17 May 2026
Charges (mortgages)
1 outstanding of 1 registered

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 Preston

Other active motor trade companies registered in Preston.

All motor trade companies in Preston · All trades in Preston · Motor traders across the UK

Frequently asked questions

When are Schofields of Lancashire Ltd's accounts due?

Schofields of Lancashire 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 Schofields of Lancashire 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 Schofields of Lancashire Ltd still trading?

Schofields of Lancashire 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 Schofields of Lancashire Ltd do?

Schofields of Lancashire Ltd is registered under Sale of new cars and light motor vehicles (SIC 45111); Sale of used cars and light motor vehicles (SIC 45112).

How old is Schofields of Lancashire Ltd?

Schofields of Lancashire Ltd was incorporated on 13 June 2018, 8 years ago.

What is the penalty if Schofields of Lancashire 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 Schofields of Lancashire Ltd on Companies House for filed documents, officers and the full history.

Report an error on this page

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.

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