# LOWCOST COMMERCIALS LTD. (SC243980)

> 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).

- Status: Active
- Incorporated: 2003-02-14
- Registered office: Wishaw, ML2 0RL
- 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
- Next accounts due: 2026-11-28
- Confirmation statement due: 2027-02-28
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 264 comparable companies in Glasgow (median £3,301, upper quartile £68k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-02-28 | £545k | £177k | £142k | — | — | — | 4 |
| 2024-02-29 | £549k | £117k | £88k | — | — | — | 4 |

size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £545,097 at 28 February 2025
- Cash at bank of £50,000 or more: Cash £176,619
- Incorporated five or more years ago: Incorporated 14 February 2003

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr William Kelly — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-04-06
- Mr Daniel Kelly — owns 50–75% of shares; owns 50–75% of shares; holds 50–75% of voting rights, since 2023-03-01

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/SC243980
HTML: https://firmoscan.com/company/SC243980-lowcost-commercials-ltd