UK Companies House feature
REID FREIGHT SERVICES LIMITED
Cash
£1M
+19.5% vs 2024
Net assets
£5M
+14% vs 2024
Employees
46
-11.5% vs 2024
Profit before tax
£1M
+32.3% vs 2024
Profile
- Company number
- 02229064
- Status
- Active
- Incorporation
- 1988-03-10
- Last accounts made up
- 2025-03-31
- Account category
- FULL
- Primary SIC
- 49410
Net assets
6-year trend · vs UK Logistics & Mobility median
Accounts
6-year trend · latest 2025-03-31
| Metric | Trend | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | £6,441,226 | £6,550,577 | £6,100,101 | £6,505,515 | |
| Operating profit | — | — | £1,688,427 | £1,440,451 | £964,451 | £1,203,704 | |
| Profit before tax | — | — | £1,636,976 | £1,362,019 | £865,395 | £1,144,688 | |
| Net profit | — | — | £1,386,857 | £976,064 | £639,766 | £852,478 | |
| Cash | £76,206 | £565,949 | £1,171,743 | £888,412 | £1,230,673 | £1,470,543 | |
| Total assets less current liabilities | £2,399,678 | £2,900,383 | £4,563,262 | £5,983,065 | £5,798,667 | £5,926,086 | |
| Net assets | £1,544,715 | £1,860,533 | £3,017,390 | £3,719,454 | £4,099,220 | £4,671,698 | |
| Equity | £1,544,715 | £1,860,533 | £3,017,390 | £3,719,454 | £4,099,220 | £4,671,698 | |
| Average employees | 49 | 47 | 52 | 55 | 52 | 46 | |
| Wages | — | — | £1,474,898 | £1,567,759 | £1,533,823 | £1,583,105 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Sumer Auditco Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The accounts have been prepared on the going concern basis. The directors believe this to be appropriate as they have expressed their willingness to support the business for the foreseeable future.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
5 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| RHODES, Julie | Secretary | — | — | British |
| REID, Craig Steven | Director | 2016-11-10 | Mar 1985 | British |
| REID, David | Director | — | Jul 1956 | British |
| REID, Simon Ashley | Director | 2016-11-10 | Dec 1982 | British |
| RHODES, Julie | Director | — | Jan 1959 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Rfs Training Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2024-04-02 | Active |
| Mrs Julie Rhodes | Individual | Shares 25–50% | 2016-04-06 | Ceased 2024-04-02 |
| Mr David Reid | Individual | Shares 25–50% | 2016-04-06 | Ceased 2024-04-02 |
Filing timeline
Last 20 of 125 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-05 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-12-23 | AA | accounts | accounts with accounts type full |
| 2025-06-20 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-12-17 | AA | accounts | accounts with accounts type full |
| 2024-07-18 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-06-11 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-06-11 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2024-06-11 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-04-21 | RESOLUTIONS | resolution | resolution |
| 2024-04-21 | RESOLUTIONS | resolution | resolution |
| 2024-04-21 | MA | incorporation | memorandum articles |
| 2024-04-21 | SH10 | capital | capital variation of rights attached to shares |
| 2024-04-21 | SH08 | capital | capital name of class of shares |
| 2024-04-17 | CH03 | officers | change person secretary company with change date |
| 2024-04-17 | CH01 | officers | change person director company with change date |
| 2023-12-19 | AA | accounts | accounts with accounts type full |
| 2023-06-26 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-12-14 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2022-12-14 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2022-12-07 | AD01 | address | change registered office address company with date old address new address |
Credit score
Altman Z″ (private-firm) · reference 2025-03-31
3.99
SAFE
Altman Z″
- Working capital / Total assets 0.180 × 6.56 = +1.18
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.160 × 6.72 = +1.08
- Book equity / Total liabilities 1.651 × 1.05 = +1.73
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory