JIM REID VEHICLE SALES LIMITED

🌳Matureactive
SC241096 · ltd · incorporated 2002-12-12
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
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Turnover
year to Jan 2025
Net worth
£543.0k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Sale of new cars and light motor vehicles
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 45112SIC 45112
  • 45200SIC 45200
  • 77110Renting and leasing of cars and light motor vehicles
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 78/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 23.2y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 23.2 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 4 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
10 officers (6 active, 10 linked, 6 with DOB)
82
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
92 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £542,999
Net assets shrinking
Down £60,264 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£543k
↓ 10.0% YoY
Current Assets
£939k
↓ 28% YoY
Current Liabilities
£0£259k£519k£778k£1.0m£1.3mJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£1.03M£720.4k
Current assets£939.3k£1.30M
Cash£120
Debtors£191.4k£162.4k
Net assets£543.0k£603.3k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2025-07-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-07-02
    📄
    capital-cancellation-shares
    capital · SH06
  4. 2024-06-26
    📄
    capital-allotment-shares
    capital · SH01
  5. 2024-06-25
    📄
    capital-return-purchase-own-shares
    capital · SH03
  6. 2023-10-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-04-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2023-04-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2022-12-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2022-12-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2022-12-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2022-12-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2022-12-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2022-12-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2022-11-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2021-10-18
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  17. 2021-10-18
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  18. 2021-10-11
    BUCHAN, Laura Jayne appointed
    secretary
  19. 2021-10-11
    EMSLIE, Andrew David Tawse resigned
    secretary
  20. 2021-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2020-12-09
    EMSLIE, Andrew David Tawse appointed
    secretary
  22. 2020-12-09
    REID, James George resigned
    secretary
  23. 2020-08-08
    BUCHAN, Laura Jayne appointed
    director
  24. 2020-08-08
    BUCHAN, Philip James appointed
    director
  25. 2020-08-08
    REID, Liam Jack appointed
    director
  26. 2014-02-11
    🔒
    Charge registered #3
    Lender: Clydesdale Bank PLC
  27. 2008-03-27
    CLARK, Graham resigned
    director
  28. 2007-02-01
    REID, Gail appointed
    director
  29. 2006-06-20
    🔓
    Charge satisfied #1
  30. 2006-02-27
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  31. 2003-02-03
    🔒
    Charge registered #1
    Lender: Clark Commercials (Aberdeen) Limited
  32. 2002-12-12
    🏢
    Company incorporated
    As JIM REID VEHICLE SALES LIMITED
  33. 2002-12-12
    REID, James George appointed
    director
  34. 2002-12-12
    REID, James George appointed
    secretary
  35. 2002-12-12
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  36. 2002-12-12
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  37. 2002-12-12
    CLARK, Graham appointed
    director

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -5 active directors: Broader management team in place — suggests transferable governance.
  • +Founder name in company name: Company name contains director surname "REID" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

60/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
James George Reid
Individual · British · DOB 11/1969 · age 57
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Gail Reid
Individual · British · DOB 05/1970 · age 56
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2002-12-12
Jurisdictionscotland
Primary SIC45111 — Sale of new cars and light motor vehicles

Registered office

42 Queens Road
Aberdeen
AB15 4YE
Scotland

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-07-15
Last: 2025-07-01

Officers (6 active · 4 resigned)

BUCHAN, Laura Jayne
secretary · appointed 2021-10-11
View their other companies + combined net worth →
Active
BUCHAN, Laura Jayne
director · ~34y · appointed 2020-08-08
View their other companies + combined net worth →
Active
BUCHAN, Philip James
director · ~37y · appointed 2020-08-08
View their other companies + combined net worth →
Active
REID, Gail
director · ~56y · appointed 2007-02-01
View their other companies + combined net worth →
Active
REID, James George
director · ~57y · appointed 2002-12-12
View their other companies + combined net worth →
Active
REID, Liam Jack
director · ~30y · appointed 2020-08-08
View their other companies + combined net worth →
Active
EMSLIE, Andrew David Tawse
secretary · appointed 2020-12-09 · resigned 2021-10-11
Resigned
REID, James George
secretary · appointed 2002-12-12 · resigned 2020-12-09
Resigned
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 2002-12-12 · resigned 2002-12-12
Resigned
CLARK, Graham
director · ~74y · appointed 2002-12-12 · resigned 2008-03-27
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC
A registered charge1 property11/02/2014
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property27/02/2006
satisfied
Clark Commercials (Aberdeen)
Clark Commercials (Aberdeen) Limited
Floating charge1 property03/02/200320/06/2006
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (92 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-02
capital-cancellation-shares
capital · SH06
2024-07-02
capital-allotment-shares
capital · SH01
2024-06-26
capital-return-purchase-own-shares
capital · SH03
2024-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-27
change-person-director-company-with-change-date
officers · CH01
2023-04-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-04-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-12-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-12-08
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-08
change-person-director-company-with-change-date
officers · CH01
2022-12-08