REID FREIGHT SERVICES LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-07-04 (in 2mo)
Last made up 2025-06-20
Watchouts
None on the register
Cash
£1M
+19.5% highest in 6 filed years
Net assets
£5M
+14% highest in 6 filed years
Employees
46
-11.5% lowest in 6 filed years
Profit before tax
£1M
+32.3% vs 2024
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · latest reflected 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 the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | 26.2% | 22.0% | 15.8% | 18.5% | |
| Net margin | — | — | 21.5% | 14.9% | 10.5% | 13.1% | |
| Return on capital employed | — | — | 37.0% | 24.1% | 16.6% | 20.3% | |
| Interest cover | — | — | 32.82x | 18.37x | 9.74x | 20.40x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- 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 and subsidiary information is drawn from the narrative of the latest annual accounts. 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 |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+6.6%
£6,100,101 £6,505,515
-
Cash
+19.5%
£1,230,673 £1,470,543
highest in 6 filed years
-
Net assets
+14%
£4,099,220 £4,671,698
highest in 6 filed years
-
Employees
-11.5%
52 46
lowest in 6 filed years
-
Operating profit
+24.8%
£964,451 £1,203,704
-
Profit before tax
+32.3%
£865,395 £1,144,688
-
Wages
+3.2%
£1,533,823 £1,583,105
highest in 4 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers