AVERAGE SPEED LTD
Company number SC569234 · Active · Hamilton ML3 6DB
AVERAGE SPEED LTD is an active private limited company (company number SC569234) incorporated on 20 June 2017, registered in Hamilton. Its registered activity is retail sale in non-specialised stores with food, beverages or tobacco predominating (SIC 47110). Latest micro accounts cover the period ending 30 June 2025, showing net assets of −£71k, with 8 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 315% on the prior period (−£17k).
By net assets it sits in the bottom quarter of 794 comparable companies in Glasgow (median £12k, upper quartile £43k).
Key dates
- Incorporated
- 20 June 2017
- Next accounts due
- 30 March 2027 — in 163 days
- Confirmation statement due
- 4 July 2027 — in 259 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 47110
- Retail sale in non-specialised stores with food, beverages or tobacco predominating
- Accounts type
- Micro Entity
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 30 June 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 30 June 2025 | −£71k | — | — | — | — | — | 8 |
| 30 June 2024 | −£17k | — | — | — | — | — | 7 |
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
Firmoscan score: 35/100 (grade D)
- -15 Negative net assets — Net assets £-71,466 at 2025-06-30
- -8 Net assets falling — -314.7% vs prior period
- +8 Established — Incorporated 2017-06-20 (9 years)
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.
Ownership and control
- Mr Kingsley Bruce — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors · since 20 June 2017
- Mr John Paul Connelly — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors · since 16 March 2023
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
Similar companies in Glasgow
Same activity (retail sale in non-specialised stores with food, beverages or tobacco predominating), closest in incorporation date.
- BROADWAY KEYSTORE LTD — Glasgow, inc. Jun 2017
- FT9 RETAIL LTD — Glasgow, inc. Jun 2017
- PREMIER P1 LTD — Glasgow, inc. Jun 2017
- PREMIER CB LTD — Glasgow, inc. Jun 2017
- PREMIER MH LTD — Glasgow, inc. Jun 2017
- ABBY SUPERSTORE LIMITED — Glasgow, inc. Jul 2017
Reminders for AVERAGE SPEED LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.