P RAE ENGINEERING LTD
Company number SC640393 · Active · Glasgow G53 7HS
P RAE ENGINEERING LTD is an active private limited company (company number SC640393) incorporated on 2 September 2019, registered in Glasgow. Its registered activity is maintenance and repair of motor vehicles (SIC 45200). Latest small accounts cover the period ending 30 September 2025, showing net assets of £15k and cash of £18k, with 0 employees on average. Net assets fell 38% on the prior period (£24k).
By net assets it sits in the upper half of 888 comparable companies in Glasgow (median £2,123, upper quartile £28k).
Key dates
- Incorporated
- 2 September 2019
- Next accounts due
- 30 June 2027 — in 255 days
- Confirmation statement due
- 16 September 2027 — in 333 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 45200
- Maintenance and repair of motor vehicles
- Accounts type
- Total Exemption Full
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 30 September 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 30 September 2025 | £15k | £18k | £6,241 | £11k | — | — | 0 |
| 30 September 2024 | £24k | £13k | £0 | £24k | — | — | 0 |
- Current ratio
- 2.2 — comfortable
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
Firmoscan score: 68/100 (grade B)
- +10 Positive net assets — Net assets £14,946 at 2025-09-30
- -8 Net assets falling — -37.7% vs prior period
- +8 Comfortable liquidity — Current ratio 2.2
- +8 Established — Incorporated 2019-09-02 (7 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 Paul Rae — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 2 September 2019
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 (maintenance and repair of motor vehicles), closest in incorporation date.
- WASH PAISLEY LTD — Paisley, inc. Sept 2019
- SCOTT & CO. MOTOR ENGINEERS LTD. — Airdrie, inc. Aug 2019
- G15 SERVICE AND TYRE CENTRE LIMITED — Clydebank, inc. Sept 2019
- JSS AUTOS LIMITED — Johnstone, inc. Sept 2019
- NYDOR LTD — Cumbernauld, inc. Sept 2019
- DENMARK REPAIR CENTRE LIMITED — Glasgow, inc. Aug 2019
Reminders for P RAE ENGINEERING LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.