Reid For Speed Limited in Glasgow, G32 8NB

Description

Data updated on: 01-11-2023

Reid For Speed Limited is located at Glasgow at Gpc Glasgow 120 Cambuslang Road. Anyone can find the company by its area code - G32 8NB. Reid For Speed's founding dates back to year 1985. The enterprise is registered under the number SC094625 and company's state is active. Its present name is Reid For Speed Limited. The enterprise's previous associates may know this firm as Reid's Motor Supplies, which was in use until 2004-04-13. The enterprise's SIC and NACE codes are 45310 meaning Wholesale trade of motor vehicle parts and accessories. Fri, 30th Sep 2022 is the last time when the accounts were reported.

Having three recruitment offers since 2014-07-08, the firm has been an active employer on the labour market. On 2018-04-13, it started searching for job candidates for a full time Administrator position in Aberdeen, and on 2014-07-08, for the vacant position of a full time Stores Person/Stores trainee in Aberdeen. So far, they have employed employees for the Stores person/Stores trainee posts.

At present, there’s a solitary director in the company: John C. (since 2023-07-26). The limited company had been directed by Neil D. till October 2019. What is more another director, specifically Sandra C. quit 6 years ago.

Previous company's names
Reid For Speed Limited 2004-04-13
Reid's Motor Supplies Limited 1985-08-08

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	1 447 378	1 585 194	1 749 917	1 954 707

Balance Sheet
Cash Bank On Hand				983 111	647 424	813 934	968 882	1 234 026	1 500 575	1 725 578
Current Assets	1 826 285	2 049 402	2 236 197	2 445 760	2 606 310	2 907 115	2 970 835	3 164 430	3 505 411	3 822 132
Debtors	329 896	359 935	372 258	397 901	368 693	489 142	404 165	356 369	362 805	411 517
Net Assets Liabilities				1 954 707	2 158 461	2 366 059	2 544 850	2 727 765	3 024 534	3 362 847
Other Debtors				60 680	59 140	85 726	65 709	67 360	60 444	69 182
Property Plant Equipment				21 421	41 213	39 151	25 461	12 310	3 492	29 809
Total Inventories				437 329	488 264	485 907	468 314	429 070	445 053	465 627
Cash Bank In Hand	1 061 207	810 337	825 469	983 111
Net Assets Liabilities Including Pension Asset Liability	1 447 378	1 585 194	1 749 917
Stocks Inventory	435 182	420 931	423 363	437 329
Tangible Fixed Assets	23 134	11 857	8 019	21 421
Intangible Fixed Assets			8 019

Capital & Reserves
Called Up Share Capital	30 000	30 000	30 000	30 000
Profit Loss Account Reserve	1 417 378	1 555 194	1 719 917	1 924 707
Shareholder Funds	1 447 378	1 585 194	1 749 917	1 954 707

Other Financial Data
Total Fixed Assets Additions			2 610
Total Fixed Assets Cost Or Valuation	140 428	140 428	143 038
Total Fixed Assets Depreciation	117 294	128 571	135 019
Total Fixed Assets Depreciation Charge In Period		11 277	6 448
Accumulated Depreciation Impairment Property Plant Equipment				139 192	130 744	142 296	155 986	169 137	177 955	186 023
Additions Other Than Through Business Combinations Property Plant Equipment					26 343	9 490				34 385
Average Number Employees During Period					18	18	17	16	16	15
Corporation Tax Payable				66 456	64 304	64 058	60 907	47 635	77 115	75 543
Creditors				512 474	489 062	580 207	451 446	448 975	484 369	489 094
Current Asset Investments			615 107	627 419	1 101 929	1 118 132	1 129 474	1 144 965	1 196 978	1 219 410
Depreciation Expense Property Plant Equipment				4 173	6 551
Depreciation Rate Used For Property Plant Equipment					15	15	15	15	15	15
Disposals Decrease In Depreciation Impairment Property Plant Equipment					14 999
Disposals Property Plant Equipment					14 999
Future Minimum Lease Payments Under Non-cancellable Operating Leases				36 400	36 400	36 400	36 400	36 400	36 400	36 400
Increase From Depreciation Charge For Year Property Plant Equipment					6 551	11 552	13 690	13 151	8 818	8 068
Net Current Assets Liabilities	1 424 244	1 573 337	1 741 898	1 933 286	2 117 248	2 326 908	2 519 389	2 715 455	3 021 042	3 333 038
Other Creditors				98 486	96 169	110 146	90 531	52 892	61 042	49 177
Other Taxation Social Security Payable				32 035	36 855	41 165	38 295	40 777	40 882	39 249
Property Plant Equipment Gross Cost				160 613	171 957	181 447	181 447	181 447	181 447	215 832
Raw Materials				437 329	488 264
Total Assets Less Current Liabilities	1 447 378	1 585 194	1 749 917	1 954 707	2 158 461	2 366 059	2 544 850	2 727 765	3 024 534	3 362 847
Trade Creditors Trade Payables				315 497	291 734	364 838	261 713	307 671	305 330	325 125
Trade Debtors Trade Receivables				337 221	309 553	403 416	338 456	289 009	302 361	342 335
Creditors Due Within One Year Total Current Liabilities	402 041	476 065	494 299
Fixed Assets	23 134	11 857	8 019
Investments Current Assets	0	458 199	615 107
Tangible Fixed Assets Additions			2 610	17 575
Tangible Fixed Assets Cost Or Valuation	140 428	140 428	143 038	160 613
Tangible Fixed Assets Depreciation	117 294	128 571	135 019	139 192
Tangible Fixed Assets Depreciation Charge For Period		11 277	6 448
Creditors Due Within One Year			494 299	512 474
Number Shares Allotted			30 000	30 000
Par Value Share				1
Share Capital Allotted Called Up Paid			-30 000	-30 000
Tangible Fixed Assets Depreciation Charged In Period				4 173

Company staff

John C.

Role: Director

Appointed: 26 July 2023

Latest update: 3 April 2024

Role: Corporate Nominee Secretary

Appointed: 12 May 1989

Resigned: 01 October 1992

Address: 52-54 Rose Street, Aberdeen, AB10 1HA

Latest update: 3 April 2024

People with significant control

The companies that control this firm include: Alliance Automotive Uk Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Birmingham at 11Th Floor, 45 Church Street, B3 2RT and was registered as a PSC under the registration number 03430230.

Alliance Automotive Uk Limited

Address: C/O Penningtons Manches Cooper Llp 11th Floor, 45 Church Street, Birmingham, B3 2RT, England

Legal authority Companies Act 2006

Legal form Private Company Limited By Shares

Country registered England

Place registered Register Of Companies In England

Registration number 03430230

Notified on 26 July 2023

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Thyra D.

Notified on 9 October 2019

Ceased on 26 July 2023

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

John M.

Notified on 30 June 2016

Ceased on 26 July 2023

Nature of control:

substantial control or influence

Neil D.

Notified on 30 June 2016

Ceased on 8 October 2019

Nature of control:

over 1/2 to 3/4 of shares

over 1/2 to 3/4 of voting rights

right to manage directors

Accounts Documents

Account next due date	30 June 2024
Account last made up date	30 September 2022
Confirmation statement next due date	24 October 2024
Confirmation statement last made up date	10 October 2023

Annual Accounts 10 November 2016
Start Date For Period Covered By Report	2015-10-01
End Date For Period Covered By Report	30 September 2016
Date Approval Accounts	10 November 2016
Annual Accounts
Start Date For Period Covered By Report	2016-10-01
End Date For Period Covered By Report	30 September 2017
Annual Accounts
Start Date For Period Covered By Report	2017-10-01
End Date For Period Covered By Report	30 September 2018
Annual Accounts
Start Date For Period Covered By Report	2018-10-01
End Date For Period Covered By Report	30 September 2019
Annual Accounts
Start Date For Period Covered By Report	2019-10-01
End Date For Period Covered By Report	30 September 2020
Annual Accounts
Start Date For Period Covered By Report	2020-10-01
End Date For Period Covered By Report	30 September 2021
Annual Accounts
Start Date For Period Covered By Report	2021-10-01
End Date For Period Covered By Report	30 September 2022

Administrator in Aberdeen, posted on Friday 13th April 2018
Region / City	Scotland, Aberdeen
Industry	Motor vehicles and parts manufacturing
Job type	full time
Application by email	jack@reidforspeed.com
Job reference code	Jack Morrison


Stores person/Stores trainee in Aberdeen, posted on Tuesday 23rd August 2016
Region / City	Scotland, Aberdeen
Industry	Automobile and parts manufacturing
Job type	full time
Contact by phone	01224586816


Stores Person/Stores trainee in Aberdeen, posted on Tuesday 8th July 2014
Region / City	Scotland, Aberdeen
Industry	Wholesale trade/import-export
Job type	full time
Contact by phone	01224586816

Administrator in Aberdeen, posted on Friday 13th April 2018

Region / City

Scotland, Aberdeen

Industry

Motor vehicles and parts manufacturing

Job type

full time

Application by email

jack@reidforspeed.com

Job reference code

Jack Morrison

Stores person/Stores trainee in Aberdeen, posted on Tuesday 23rd August 2016

Region / City

Scotland, Aberdeen

Industry

Automobile and parts manufacturing

Job type

full time

Contact by phone

01224586816

Stores Person/Stores trainee in Aberdeen, posted on Tuesday 8th July 2014

Region / City

Scotland, Aberdeen

Industry

Wholesale trade/import-export

Job type

full time

Contact by phone

01224586816

Reid For Speed Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

John C.

Neil D.

Sandra C.

John M.

Thyra D.

Thyra D.

Henry D.

Ledingham Chalmers

People with significant control

Alliance Automotive Uk Limited

Thyra D.

John M.

Neil D.

Accounts Documents

Jobs and Vacancies at Reid For Speed Ltd

Company filings

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