Reid Freight Services Limited
02229064
Healthy
- Going concern doubt noted in accounts (-10)
- 8 outstanding charges (-10)
Details
Compliance
Last accounts
31/03/2025
full
Next accounts due
31/12/2026
Confirmation statement
Last: 20/06/2025
Due 04/07/2026
Industry
Officers
director · Since 20/06/1991
HAULAGE CONTRACTOR
BRITISH · ENGLAND · Age 69
Also on 1 other board
Persons with Significant Control
Rfs Training Limited
C/O Dpc Accountants, Stone House, Stone Road Business Park, Stoke On Trent, ST4 6SR
Reg: 11296406 · Companies House · Limited Company
Notified 02/04/2024
Former PSCs
Mrs Julie Rhodes
Ceased 02/04/2024
Mr David Reid
Ceased 02/04/2024
Charges8 outstanding
BARCLAYS SECURITY TRUSTEE LIMITED
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 19840+ SIC 49410 peers66
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/03/2025
Turnover
£6.5M
Annual revenue
Net Worth
£4.7M
Balance sheet strength
Cash
£1.5M
Cash in the bank
Profit Before Tax
£1.1M
Bottom line earnings
Net Current Assets
£1.4M
Working capital
Current Assets
£2.9M
Current Liabilities
£1.6M
Fixed Assets
£4.6M
Debtors
£1.4M
Cost of Sales
£3.7M
Gross Profit
£2.8M
Admin Expenses
£1.8M
Operating Profit
£1.2M
Profit After Tax
£852k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.86 | +£572k |
| 2024 | 2.11 | +£380k |
| 2023 | 1.97 | +£702k |
| 2022 | 1.92 | +£1.2M |
| 2021 | 1.40 | +£316k |
| 2020 | 1.00 | — |
Derived from filed accounts. Not audited figures.