reid for speed limited
reid for speed limited Company Information
Company Number
SC094625
Next Accounts
Sep 2025
Directors
Shareholders
alliance automotive uk limited
Group Structure
View All
Industry
Wholesale trade of motor vehicle parts and accessories
Registered Address
gpc glasgow 120 cambuslang road, clydesmill industrial estate, glasgow, G32 8NB
Website
www.reidforspeed.co.ukreid for speed limited Estimated Valuation
Pomanda estimates the enterprise value of REID FOR SPEED LIMITED at £0 based on a Turnover of £0 and 0.28x industry multiple (adjusted for size and gross margin).
reid for speed limited Estimated Valuation
Pomanda estimates the enterprise value of REID FOR SPEED LIMITED at £0 based on an EBITDA of £-2.8m and a 3.23x industry multiple (adjusted for size and gross margin).
reid for speed limited Estimated Valuation
Pomanda estimates the enterprise value of REID FOR SPEED LIMITED at £1.5m based on Net Assets of £568.6k and 2.56x industry multiple (adjusted for liquidity).
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Reid For Speed Limited Overview
Reid For Speed Limited is a live company located in glasgow, G32 8NB with a Companies House number of SC094625. It operates in the wholesale trade of motor vehicle parts and accessories sector, SIC Code 45310. Founded in August 1985, it's largest shareholder is alliance automotive uk limited with a 100% stake. Reid For Speed Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Reid For Speed Limited Health Check
Pomanda's financial health check has awarded Reid For Speed Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 0 areas for improvement. Company Health Check FAQs
1 Strong
0 Regular
0 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Reid For Speed Limited
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Reid For Speed Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- Reid For Speed Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Reid For Speed Limited
- - Industry AVG
Employees
There is insufficient data available for this Key Performance Indicator!
- - Reid For Speed Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Reid For Speed Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Reid For Speed Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Reid For Speed Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Reid For Speed Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Reid For Speed Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Reid For Speed Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20.8%, this is a lower level of debt than the average (50%)
- - Reid For Speed Limited
- - Industry AVG
REID FOR SPEED LIMITED financials
Reid For Speed Limited's latest turnover from December 2023 is estimated at 0 and the company has net assets of £568.6 thousand. According to their latest financial statements, we estimate that Reid For Speed Limited has no employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 15 | 16 | 16 | 17 | 18 | 18 | 18 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 29,809 | 3,492 | 12,310 | 25,461 | 39,151 | 41,213 | 21,421 | 8,019 | 11,857 | 23,134 | 30,044 | 32,108 | 34,306 | 39,179 | |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 29,809 | 3,492 | 12,310 | 25,461 | 39,151 | 41,213 | 21,421 | 8,019 | 11,857 | 23,134 | 30,044 | 32,108 | 34,306 | 39,179 | |
| Stock & work in progress | 465,627 | 445,053 | 429,070 | 468,314 | 485,907 | 488,264 | 437,329 | 423,363 | 420,931 | 435,182 | 445,871 | 469,393 | 378,943 | 399,492 | |
| Trade Debtors | 342,335 | 302,361 | 289,009 | 338,456 | 403,416 | 309,553 | 337,221 | 372,258 | 359,935 | 329,896 | 341,167 | 439,050 | 413,057 | 344,245 | |
| Group Debtors | 718,139 | ||||||||||||||
| Misc Debtors | 69,182 | 60,444 | 67,360 | 65,709 | 85,726 | 59,140 | 60,680 | ||||||||
| Cash | 1,725,578 | 1,500,575 | 1,234,026 | 968,882 | 813,934 | 647,424 | 983,111 | 825,469 | 810,337 | 1,061,207 | 994,376 | 916,727 | 633,748 | 441,516 | |
| misc current assets | 1,219,410 | 1,196,978 | 1,144,965 | 1,129,474 | 1,118,132 | 1,101,929 | 627,419 | 615,107 | 458,199 | ||||||
| total current assets | 718,139 | 3,822,132 | 3,505,411 | 3,164,430 | 2,970,835 | 2,907,115 | 2,606,310 | 2,445,760 | 2,236,197 | 2,049,402 | 1,826,285 | 1,781,414 | 1,825,170 | 1,425,748 | 1,185,253 |
| total assets | 718,139 | 3,851,941 | 3,508,903 | 3,176,740 | 2,996,296 | 2,946,266 | 2,647,523 | 2,467,181 | 2,244,216 | 2,061,259 | 1,849,419 | 1,811,458 | 1,857,278 | 1,460,054 | 1,224,432 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 325,125 | 305,330 | 307,671 | 261,713 | 364,838 | 291,734 | 315,497 | 494,299 | 476,065 | 402,041 | 461,260 | 584,687 | 496,051 | 437,417 | |
| Group/Directors Accounts | 149,536 | ||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 163,969 | 179,039 | 141,304 | 189,733 | 215,369 | 197,328 | 196,977 | ||||||||
| total current liabilities | 149,536 | 489,094 | 484,369 | 448,975 | 451,446 | 580,207 | 489,062 | 512,474 | 494,299 | 476,065 | 402,041 | 461,260 | 584,687 | 496,051 | 437,417 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 149,536 | 489,094 | 484,369 | 448,975 | 451,446 | 580,207 | 489,062 | 512,474 | 494,299 | 476,065 | 402,041 | 461,260 | 584,687 | 496,051 | 437,417 |
| net assets | 568,603 | 3,362,847 | 3,024,534 | 2,727,765 | 2,544,850 | 2,366,059 | 2,158,461 | 1,954,707 | 1,749,917 | 1,585,194 | 1,447,378 | 1,350,198 | 1,272,591 | 964,003 | 787,015 |
| total shareholders funds | 568,603 | 3,362,847 | 3,024,534 | 2,727,765 | 2,544,850 | 2,366,059 | 2,158,461 | 1,954,707 | 1,749,917 | 1,585,194 | 1,447,378 | 1,350,198 | 1,272,591 | 964,003 | 787,015 |
| Dec 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 13,628 | 8,068 | 8,818 | 13,151 | 13,690 | 11,552 | 6,551 | 4,173 | 6,448 | 11,277 | 11,745 | 14,115 | 16,976 | 13,598 | 13,270 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -465,627 | 20,574 | 15,983 | -39,244 | -17,593 | -2,357 | 50,935 | 13,966 | 2,432 | -14,251 | -10,689 | -23,522 | 90,450 | -20,549 | 399,492 |
| Debtors | 306,622 | 48,712 | 6,436 | -47,796 | -84,977 | 120,449 | -29,208 | 25,643 | 12,323 | 30,039 | -11,271 | -97,883 | 25,993 | 68,812 | 344,245 |
| Creditors | -325,125 | 19,795 | -2,341 | 45,958 | -103,125 | 73,104 | -23,763 | -178,802 | 18,234 | 74,024 | -59,219 | -123,427 | 88,636 | 58,634 | 437,417 |
| Accruals and Deferred Income | -163,969 | -15,070 | 37,735 | -48,429 | -25,636 | 18,041 | 351 | 196,977 | |||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 149,536 | ||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -1,725,578 | 225,003 | 266,549 | 265,144 | 154,948 | 166,510 | -335,687 | 157,642 | 15,132 | -250,870 | 66,831 | 77,649 | 282,979 | 192,232 | 441,516 |
| overdraft | |||||||||||||||
| change in cash | -1,725,578 | 225,003 | 266,549 | 265,144 | 154,948 | 166,510 | -335,687 | 157,642 | 15,132 | -250,870 | 66,831 | 77,649 | 282,979 | 192,232 | 441,516 |
reid for speed limited Credit Report and Business Information
Reid For Speed Limited Competitor Analysis
Perform a competitor analysis for reid for speed limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mature companies, companies in G32 area or any other competitors across 12 key performance metrics.
reid for speed limited Ownership
REID FOR SPEED LIMITED group structure
Reid For Speed Limited has no subsidiary companies.
Ultimate parent company
GENUINE PARTS CO
#0101942
2 parents
REID FOR SPEED LIMITED
SC094625
reid for speed limited directors
Reid For Speed Limited currently has 1 director, Mr John Coombes serving since Jul 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Coombes | England | 59 years | Jul 2023 | - | Director |
P&L
December 2023turnover
0
-100%
operating profit
-2.8m
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
568.6k
-0.83%
total assets
718.1k
-0.81%
cash
0
-1%
net assets
Total assets minus all liabilities
reid for speed limited company details
company number
SC094625
Type
Private limited with Share Capital
industry
45310 - Wholesale trade of motor vehicle parts and accessories
incorporation date
August 1985
age
40
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2023
previous names
reid's motor supplies limited (April 2004)
fuor limited (September 1985)
accountant
-
auditor
-
address
gpc glasgow 120 cambuslang road, clydesmill industrial estate, glasgow, G32 8NB
Bank
-
Legal Advisor
PENNINGTONS MANCHES COOPER LLP
reid for speed limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to reid for speed limited.
reid for speed limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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reid for speed limited Companies House Filings - See Documents
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