- Companies
- Motor traders
- Keith
- Wheel Racer Ltd
Wheel Racer Ltd
- Company number
- SC698181
- Incorporated
- 10 May 20215 years trading
- Registered office
- Unit Q2 Station Road, Isla Bank Mills, Keith, Moray, AB55 5DD
- Nature of business
- Wholesale trade of motor vehicle parts and accessories; Retail trade of motor vehicle parts and accessories
Wheel Racer Ltd is a 5-year-old private limited company registered in Keith, company number SC698181, one of the UK's motor trade companies. 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 £5,583 (-67.3%) on the year before, to -£14K.
- Net assets rose in 2 of 3 year-on-year comparisons on record.
- Current assets of £30K against £60K owed within a year: 0.5 times cover.
- 4 employees on average, up from 3 the year before.
- Balance sheets on record for 4 years, 2022 to 2025.
Net assets by year
| Year end | Net assets | Cash | Current assets | Owed within a year | Employees |
|---|---|---|---|---|---|
| 31 May 2025 | -£14K | £30K | £60K | 4 | |
| 31 May 2024 | -£8,294 | £36K | £61K | 3 | |
| 31 May 2023 | -£11K | £28K | £54K | 2 | |
| 31 May 2022 | -£20K | £6,780 | £42K | 2 |
Where Wheel Racer Ltd is registered
The registered office is in Keith (AB55), in the Moray local authority area, Scotland. Show AB55 5DD on a map.
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- Sharp-Carcare LtdCleaning companies
- NJH (Heating Engineers) LimitedPlumbers and heating engineers
- R&R Duncan LtdFinishing trades
- R A Gray LtdElectricians
- Sobie Spark LtdElectricians
- Mark Newsome Chimney Sweeps LtdCleaning companies
What happens if Wheel Racer 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
- SC698181
- Status
- Active
- Company type
- Private limited company
- Incorporated
- 10 May 2021 (5 years ago)
- Registered office
- Unit Q2 Station Road, Isla Bank Mills, Keith, Moray, AB55 5DD
- Nature of business
- Wholesale trade of motor vehicle parts and accessories (SIC 45310)
Retail trade of motor vehicle parts and accessories (SIC 45320) - Year end
- 31 May (accounting reference date)
- Accounts type
- Micro-entity
- Last accounts made up to
- 31 May 2025
- Last confirmation statement
- 6 May 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 Keith
Other active motor trade companies registered in Keith.
All motor trade companies in Keith · All trades in Keith · Motor traders across the UK
Frequently asked questions
When are Wheel Racer Ltd's accounts due?
Wheel Racer 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 Wheel Racer 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 Wheel Racer Ltd still trading?
Wheel Racer 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 Wheel Racer Ltd do?
Wheel Racer Ltd is registered under Wholesale trade of motor vehicle parts and accessories (SIC 45310); Retail trade of motor vehicle parts and accessories (SIC 45320).
How old is Wheel Racer Ltd?
Wheel Racer Ltd was incorporated on 10 May 2021, 5 years ago.
What is the penalty if Wheel Racer 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 Wheel Racer 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.