JIM REID VEHICLE SALES LIMITED
- · Thesis: well-run, low negotiation leverage
- 45112SIC 45112
- 45200SIC 45200
- 77110Renting and leasing of cars and light motor vehicles
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
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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| 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.
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
Corporate timeline (37 events)Click to expand
- 2025-07-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-02📄capital-cancellation-sharescapital · SH06
- 2024-06-26📄capital-allotment-sharescapital · SH01
- 2024-06-25📄capital-return-purchase-own-sharescapital · SH03
- 2023-10-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-13📄change-person-director-company-with-change-dateofficers · CH01
- 2023-04-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-12-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-12-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-12-08📄change-person-director-company-with-change-dateofficers · CH01
- 2022-12-08📄change-person-director-company-with-change-dateofficers · CH01
- 2022-12-08📄change-person-director-company-with-change-dateofficers · CH01
- 2022-12-08📄change-person-director-company-with-change-dateofficers · CH01
- 2022-11-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-18📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2021-10-18📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-10-11➕BUCHAN, Laura Jayne appointedsecretary
- 2021-10-11➖EMSLIE, Andrew David Tawse resignedsecretary
- 2021-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-09➕EMSLIE, Andrew David Tawse appointedsecretary
- 2020-12-09➖REID, James George resignedsecretary
- 2020-08-08➕BUCHAN, Laura Jayne appointeddirector
- 2020-08-08➕BUCHAN, Philip James appointeddirector
- 2020-08-08➕REID, Liam Jack appointeddirector
- 2014-02-11🔒Charge registered #3Lender: Clydesdale Bank PLC
- 2008-03-27➖CLARK, Graham resigneddirector
- 2007-02-01➕REID, Gail appointeddirector
- 2006-06-20🔓Charge satisfied #1
- 2006-02-27🔒Charge registered #2Lender: Clydesdale Bank Public Limited Company
- 2003-02-03🔒Charge registered #1Lender: Clark Commercials (Aberdeen) Limited
- 2002-12-12🏢Company incorporatedAs JIM REID VEHICLE SALES LIMITED
- 2002-12-12➕REID, James George appointeddirector
- 2002-12-12➕REID, James George appointedsecretary
- 2002-12-12➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 2002-12-12➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 2002-12-12➕CLARK, Graham appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- -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
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- 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
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
James George Reid Individual · British · DOB 11/1969 · age 57 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Gail Reid Individual · British · DOB 05/1970 · age 56 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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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 →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
Registered office
Filing status
Officers (6 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 11/02/2014 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 27/02/2006 | — | |
| satisfied | Clark Commercials (Aberdeen) Clark Commercials (Aberdeen) Limited | Floating charge | 1 property | 03/02/2003 | 20/06/2006 |