WE BUY CARS IN SPAIN LIMITED

Active
Company number 09070402Private limited companyIncorporated 2014

Key figures

−£81,711-12.1%
Net assets 2024/25
-150 k-100 k-50 k02019/202020/212021/222022/232023/242024/25

Like most small UK companies, WE BUY CARS IN SPAIN LIMITED does not publish a profit and loss account in its latest accounts. The figures below come from the balance sheet.

Ratios

2024/25

Sector comparison

SIC 45112

Where the company stands among the 32,540 active companies whose first SIC code is 45112 (Sale of used cars and light motor vehicles).

Net assets−£81,711
Lower than 95% · median £6,922
Total assets£266,100
Higher than 75% · median £62,696
Cash£799
Lower than 85% · median £18,706
Employees2
Higher than 65% · median 1
Company age12.4 years
Older than 85% · median 3.4 years
Largest in this sector by net assets
  1. COPART UK LIMITED£254.5m
  2. UNIVERSAL SALVAGE LIMITED£219.1m
  3. TOM HARTLEY JNR LIMITED£79.3m
  4. BRITISH CAR AUCTIONS LIMITED£74.3m
  5. WE BUY ANY CAR LIMITED£64.3m
  6. WILSONS AUCTIONS LIMITED£49.4m
  7. CINCH CARS LIMITED£41.3m
  8. HALLIWELL JONES (WARRINGTON) LIMITED£37m
  9. BETCHTON LIMITED£35.6m
  10. RM AUCTIONS LIMITED£35.5m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 32,540. The line on each bar marks the median.

Summary: WE BUY CARS IN SPAIN LIMITED

What kind of company is it?

WE BUY CARS IN SPAIN LIMITED is a private limited company registered with Companies House under company number 09070402. It was incorporated on 4 Jun 2014. Its status is active. The registered office is in Nottingham (NG8). Its nature of business (SIC 2007) is sale of used cars and light motor vehicles (45112).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 31 Mar 2025); the company files small company accounts (filleted). Net assets were −£81,711, down 12.1% on the previous year. Cash at bank and in hand was £799. The company had an average of 2 employees. Figures are available for 6 financial years (2019/20–2024/25).

How does it compare with similar companies?

Compared with 32,540 active companies whose first SIC code is 45112: By net assets it ranks lower than 95% of them (median £6,922). By total assets it ranks higher than 75% of them (median £62,696). By cash it ranks lower than 85% of them (median £18,706). By number of employees it ranks higher than 65% of them (median 1). It is older than 85% of them (median age 3.4 years).

Who runs and controls the company?

The company has 3 current directors. 2 persons with significant control are registered.

When are its next filings due?

The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 18 Jun 2027.

Filed accounts2019/20–2024/25
2020/212021/222022/232023/242024/25
Cash at bank and in hand16,27420,61910,448113799
Total assets105,765240,216251,761258,402266,100
Total liabilities197,485————
Net assets / total equity-91,681-122,473-103,902-72,863-81,711
Average number of employees02222

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

History

13 events
  1. Financial year 2024/25 endedAccounts: net assets −£81.7k, 2 employees
  2. Corey WELBURY appointedDirector
  3. Financial year 2023/24 endedAccounts: net assets −£72.9k, 2 employees
  4. Financial year 2022/23 endedAccounts: net assets −£103.9k, 2 employees
  5. Financial year 2021/22 endedAccounts: net assets −£122.5k, 2 employees
  6. Financial year 2020/21 endedAccounts: net assets −£91.7k, 0 employees
  7. Financial year 2019/20 endedAccounts: net assets −£59.5k, 0 employees
  8. Mrs Maria Welbury registered as a person with significant control
Earlier events (5)
  1. Mr Mark Welbury registered as a person with significant control
  2. Maria WELBURY appointedSecretary
  3. Maria WELBURY appointedDirector
  4. Mark WELBURY appointedDirector
  5. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.