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Company No. SC618463 · Incorporated 17 Jan 2019

2 Wheel Developments Ltd

Registered name: 2 WHEEL DEVELOPMENTS LTD

2 Wheel Developments Ltd made £35.2k revenue and £732 profit in the year to 31 Jan 2026.

2 Wheel Developments Ltd’s revenue fell 41% to £35.2k in the year to 31 Jan 2026, with £732 profit and 1 employee. The company is classified under “sale, maintenance and repair of motorcycles and related parts and accessories” and is based in Leven; we hold 5 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45400Sale, maintenance and repair of motorcycles and related parts and accessories
Status
Active
Location
Leven, Scotland
Age
7 yrs · since 2019
Type
Private Limited Company
Latest accounts · year to 31 Jan 2026

Key figures

IndependentSmall team
Revenue
£35.2k
Growth ▼41.3%
Profit
£732
Growth ▼94.8%
Profit margin
2.1%
 
Employees
1
Change 0%
Profit / employee
£732
Revenue/employee £35.2k
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Jan 202231 Jan 202331 Jan 202431 Jan 202531 Jan 2026
DisclosureNo P&LNo P&LNo P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)———£60k£35.2k
Profit after tax———£14.1k£732
Profit (best available)———£14.1k£732
Staff costs———£2.4k£1.5k
Employees (average)00111
Ratios
Profit margin———23.5%2.1%
Revenue per employee———£60k£35.2k
Profit per employee———£14.1k£732
Growth (year on year)
Revenue growth————▼41.3%
Profit growth————▼94.8%
Headcount growth———0%0%
Balance sheet — indirect signals, not revenue
Net assets−£8.6k−£5.2k−£13.6k−£13.6k£758
Fixed assets£3k£3k£3k£3k£8.7k
Current assets£350£504£375£375£2.8k
SourceFilletedAccounts · bulk data Oct 2023FilletedAccounts · bulk data Oct 2023FilletedAccounts · bulk data Oct 2024FilletedAccounts · bulk data Oct 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
2.1%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£35.2k
Revenue ÷ average employees.
Profit per employee
£732
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
24.7%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
—
Now £758
Cash at bank
—
Now —
Headcount
0%
Now 1
Deferred income
—
Now —
Fixed assets
▲190%
Now £8.7k

Sources

Latest figures from FullAccounts for the year to 31 Jan 2026 (profit £732), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.