Company registration number: 08733988
Annual report and unaudited financial statements
for the year ended 31 January 2026
for
Premier Cars Wellingborough Limited
Pages for filing with the Registrar
Company registration number: 08733988
Premier Cars Wellingborough Limited
Balance sheet
as at 31 January 2026
2026 2025
Note £ £ £ £
Fixed assets
Tangible assets 4 113,733 88,662
113,733 88,662
Current assets
Debtors - 3,000
Cash at bank and in hand 203,476 149,298
203,476 152,298
Creditors: amounts falling due within one year
(109,639) (79,621)
Net current assets 93,837 72,677
Total assets less current liabilities 207,570 161,339
Creditors: Amounts falling due after more than one year
(76,724) (56,952)
NET ASSETS 130,846 104,387
Capital and reserves
Called up share capital 2 2
Profit and loss account 130,844 104,385
TOTAL EQUITY 130,846 104,387
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 January 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 08733988
Premier Cars Wellingborough Limited
Balance sheet - continued
as at 31 January 2026
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 22 October 2026 and signed on its behalf by:
Mr A Dhaliwal, Director Miss M Dobinson, Director
22 October 2026 22 October 2026
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Premier Cars Wellingborough Limited
Notes to the financial statements
for the year ended 31 January 2026
1 Company information
Premier Cars Wellingborough Limited is a private company registered in England and Wales. Its registered number is 08733988. The company is limited by shares. Its registered office is Office 5 Mansfield Business Centre, Ashfield Avenue, Mansfield, Nottinghamshire, NG18 2AE. Its principal place of business is 10 Jersey Close, Wellingborough, Northamptonshire, NN8 4UA.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Fixtures and fittings - 20% reducing balance
Motor vehicles - 20% reducing balance
Computer equipment - 20% reducing balance
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
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Premier Cars Wellingborough Limited
Notes to the financial statements - continued
for the year ended 31 January 2026
2 Accounting policies - continued
Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.
3 Average number of employees
During the year the average number of employees was 3 (2025 - 3).
4 Tangible fixed assets
Plant and machinery etc.

£
Cost
At 1 February 2025 260,046
Additions 53,505
At 31 January 2026 313,551
Depreciation
At 1 February 2025 171,384
Charge for year 28,434
At 31 January 2026 199,818
Net book value
At 31 January 2026 113,733
At 31 January 2025 88,662
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