# REID & ADAMS LIMITED (SC706575)

> REID & ADAMS LIMITED is an active private limited company (company number SC706575) incorporated on 12 August 2021, registered in Stranraer. Its registered activity is sale of used cars and light motor vehicles (SIC 45112). Latest abridged accounts cover the period ending 31 August 2025, showing net assets of £20k and cash of £56k, with 2 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 25% on the prior period (£26k).

- Status: Active
- Incorporated: 2021-08-12
- Registered office: Stranraer, DG9 7RT
- SIC 45112: Sale of used cars and light motor vehicles
- Next accounts due: 2027-05-31
- Confirmation statement due: 2027-08-26
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the upper half of 3,345 comparable companies in Other (median £7,606, upper quartile £94k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-08-31 | £20k | £56k | £30k | — | — | — | 2 |
| 2024-08-31 | £26k | £157k | £5,080 | — | — | — | 1 |

size band micro.

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

- Net assets above zero: Net assets £19,909 at 31 August 2025
- Cash at bank of £50,000 or more: Cash £56,337
- Incorporated five or more years ago: Incorporated 12 August 2021

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

## Persons with significant control

- Mr William Alexander Burgess — owns 75–100% of shares; holds 75–100% of voting rights, since 2021-08-12

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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/SC706575
HTML: https://firmoscan.com/company/SC706575-reid-adams-limited