£545k
−1%vs Feb 2024ActiveSC243980Private limited companyWishaw
LOWCOST COMMERCIALS LTD.
Significant control: William Kelly (25–50%), Daniel Kelly (50–75%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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What does Lowcost Commercials Ltd. sell?
Registered activity: Sale of used cars and light motor vehicles (SIC 45112). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
LOWCOST COMMERCIALS LTD. is an active private limited company (company number SC243980) incorporated on 14 February 2003, registered in Wishaw. Its registered activity is sale of used cars and light motor vehicles (SIC 45112). Latest small accounts cover the period ending 28 February 2025, showing net assets of £545k and cash of £177k, with 4 employees on average. Net assets fell 1% on the prior period (£549k).
Peer position · net assets
By net assets it sits in the top quarter of 264 comparable companies in Glasgow (median £3,301, upper quartile £68k).
02
Ownership and control
- Mr William Kelly
- owns 25–50% of shares
- holds 25–50% of voting rights
- Mr Daniel Kelly
- owns 50–75% of shares
- owns 50–75% of shares
- holds 50–75% of voting rights
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 14 February 200323 yrs ago
- Next accounts due
- 28 November 2026in 34 days
- Confirmation statement due
- 28 February 2027in 126 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 45112
- Sale of used cars and light motor vehicles
- SIC 45190
- Sale of other motor vehicles
- SIC 77110
- Renting and leasing of cars and light motor vehicles
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
05
Financials
£177k
+51%vs Feb 2024Not reported
4
No changevs Feb 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 28 February 2025 | £545k | £177k | £142k | — | — | — | 4 |
| 29 February 2024 | £549k | £117k | £88k | — | — | — | 4 |
Cash per employee£44kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets above zeroNet assets £545,097 at 28 February 2025
- Cash at bank of £50,000 or moreCash £176,619
- Incorporated five or more years agoIncorporated 14 February 2003
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Confirmation statement duein 126 days
- Next accounts duein 34 days
- Accounts period endNet assets £545k · small accounts
- Accounts period endNet assets £549k · small accounts
- Incorporated
08
Similar companies in Glasgow
- MONTEITH MOTOR COMPANY LIMITEDGlasgow · inc. Feb 2003
- RAPHAELSON HOLDINGS LIMITEDGlasgow · inc. Feb 2003
- SEEDHILL SERVICE STATION LIMITEDinc. Dec 2002
- RS4X4.COM LTD.North Lanarkshire · inc. Nov 2002
- GF AUTOS LTD.Glasgow · inc. Oct 2002
- ENTRYAMBER LIMITEDGlasgow · inc. Jun 2002
All companies incorporated on 14 February 2003 · in Feb 2003.
09
Reminders for LOWCOST COMMERCIALS LTD.
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.