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Next accounts due

2026-10-31 (in 5mo)

Last filed for 2025-01-31

Confirmation statement due

2026-05-09

Overdue

Watchouts

2 items

Cash

£1M

-24.2% vs 2024

Net assets

£3M

-12.7% vs 2024

Employees

50

-24.2% vs 2024

Profit before tax

-£463K

+29% vs 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

4-year trend · latest reflected 2025-01-31

Metric Trend 2019-09-302020-09-302024-01-312025-01-31
Turnover £8,901,000£8,499,000
Operating profit -£660,000-£484,000
Profit before tax -£652,000-£463,000
Net profit -£484,000-£407,000
Cash £427,209£1,011,629£1,472,000£1,116,000
Total assets less current liabilities £1,276,465£1,642,190£3,205,000£2,798,000
Net assets £1,170,925£1,542,448£3,205,000£2,798,000
Equity £1,170,925£1,542,448£3,205,000£2,798,000
Average employees 41446650
Wages £1,459,000£1,270,000
Directors' remuneration £407,000£361,000

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. About these numbers

Year-on-year

FY2024 → FY2025 · period ending 2025-01-31 vs 2024-01-31

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2019-09-302020-09-302024-01-312025-01-31
Operating margin -7.4%-5.7%
Net margin -5.4%-4.8%
Return on capital employed -20.6%-17.3%
Current ratio 2.85x3.68x
Interest cover -121.00x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Name history

Renamed 2 times since incorporation

  1. WHEELBASE LAKELAND LIMITED 2006-01-26 → present
  2. W2 CYCLES LIMITED 2005-10-28 → 2006-01-26
  3. WHEELBASE LAKELAND LIMITED 2005-09-12 → 2005-10-28

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Hart Shaw LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

3 active · 12 resigned

Name Role Appointed Born Nationality
DALTON, James William Director 2006-01-19 Aug 1980 British
DALTON, Toby Alan Edward Director 2006-01-19 Sep 1976 British
HAYTON, Jo-Anne Director 2011-10-01 Jul 1979 British
Show 12 resigned officers
Name Role Appointed Resigned
CASEY, Theresa Secretary 2023-04-11 2025-04-24
CASSIDY, Nirma Secretary 2022-10-11 2023-04-10
HERD, Karen Helen Secretary 2005-09-12 2021-09-30
OAKWOOD CORPORATE SECRETARY LIMITED Corporate Secretary 2022-10-11 2025-04-24
BAGNALL, Lee Paul Director 2024-02-08 2025-03-11
COWGILL, Peter Alan Director 2021-09-30 2022-10-11
GREENHALGH, Neil James Director 2021-09-30 2023-10-03
HERD, Christopher John Director 2005-09-12 2025-04-24
HERD, Karen Helen Director 2005-09-12 2021-09-30
JORDAN, Dominic Martin Director 2025-03-11 2025-03-19
PLATT, Dominic James Director 2023-10-16 2025-04-24
SCHULTZ, Régis Director 2022-10-11 2025-04-24

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr James William Dalton Individual Shares 25–50%, Voting 25–50% 2025-04-24 Active
Mr Toby Alan Edward Dalton Individual Shares 25–50%, Voting 25–50% 2025-04-24 Active
Jd Sports Fashion Plc Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2021-09-30 Ceased 2025-04-24
Mr Christopher John Herd Individual Shares 25–50% 2016-04-06 Ceased 2021-09-30

Filing timeline

Last 20 of 117 total filings

Date Type Category Description
2025-08-20 AA accounts Accounts with accounts type full PDF
2025-04-25 CS01 confirmation-statement Confirmation statement with updates PDF
2025-04-25 AD02 address Change sail address company with old address new address PDF
2025-04-25 AD01 address Change registered office address company with date old address new address PDF
2025-04-25 PSC01 persons-with-significant-control Notification of a person with significant control PDF
2025-04-25 PSC01 persons-with-significant-control Notification of a person with significant control PDF
2025-04-25 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-04-25 TM01 officers Termination director company with name termination date PDF
2025-04-25 TM02 officers Termination secretary company with name termination date PDF
2025-04-25 TM02 officers Termination secretary company with name termination date PDF
2025-04-25 TM01 officers Termination director company with name termination date PDF
2025-04-25 TM01 officers Termination director company with name termination date PDF
2025-04-08 TM01 officers Termination director company with name termination date PDF
2025-03-13 AP01 officers Appoint person director company with name date PDF
2025-03-13 TM01 officers Termination director company with name termination date PDF
2024-11-01 AA accounts Accounts with accounts type full
2024-09-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-06-10 AP01 officers Appoint person director company with name date PDF
2023-10-17 AP01 officers Appoint person director company with name date PDF
2023-10-17 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
1

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page