The Firmwatch take
Billy's Speed Shop Ltd is a 7-year-old automotive trade, active on the Companies House register. The latest filed accounts (year to 30 April 2025) show −£136k in net assets, with 1 distress signal extracted from the filing (negative net assets). Most recent public risk event: first gazette notice.
Auto-generated from filings·Refreshed 24 May 2026
1 public risk event on file
Pulse · Net assets
Only one period of accounts has been filed since this company was indexed. A trajectory will appear here as more filings arrive.
Incorporated
8 April 2019
7 years on the register
Sector
Retail trade of motor vehicle parts and accessories
SIC 45320
Size
Not classified
Net assets
−£136k
-£135,696
Cash at bank
Not disclosed
Not required for this filing type
Risk events
1 on file
Public Gazette / Companies House
Address pattern · WS12 2HA
33 other UK companies registered at this postcode.
Active
30
Dissolved
2
Strike-off action
1
Risk events · monitored daily
1 event on the watchtower
- 31 Mar 2026
First gazette notice
London Gazette
Money
What the balance sheet says
Net assets
−£136k
Cash
Not disclosed
Working cap.
−£109k
Current ratio
0.7×
Signals · 3
Negative net assets
The latest filed accounts show liabilities exceeding assets.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
People
Who runs this company
Officer detail being fetched
Open the People tab to fetch Companies House officer and PSC records. Once refreshed, this card shows named directors and the other current UK companies they run, each with its own Firmwatch verdict.
Registered office
Address intelligence
33 other companies registered here.
Common for accountants' offices and small business centres.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.