Appointed representative
This firm does not hold FCA authorisation of its own, and acts under a principal firm, which is legally responsible for its regulated business.
- Appointed for 19 years
- Protected through the principal
- No FCA actions
- Active company since 2002
- Accounts filed up to 31 January 2026
Responsible principal firm
The Compliance Guys Ltd Reference number: 941360 View firm →What does this mean?
- An appointed representative (AR) can carry out regulated financial services, but is not directly authorised by the FCA. A principal firm holds the authorisation and is legally responsible for the AR's conduct.
- Jim Reid Vehicle Sales Limited (FRN 462765) is an AR of The Compliance Guys Ltd (FRN 941360). When you use Jim Reid Vehicle Sales's services, the FCA authorisation sits with the principal firm.
- Example: if you take financial advice from Jim Reid Vehicle Sales, complaints and compensation usually follow the same rules as dealing with the principal, but this depends on the product and your circumstances.
- Before you proceed, confirm contact details match the official FCA register for both firms. Scammers sometimes clone legitimate AR names and FRNs but use fake phone numbers and websites.
Website, phone number and address
Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.
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No website on the FCA register
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Phone number
-
Address
Unit 5, Craigearn Business Park, Morrison Way, Kintore, Inverurie, Aberdeenshire, AB51 0TH, Scotland
In the full report: 2 background checks
- What kind of line 01467 634000 is
- Who else gives the postcode AB51 0TH
Other names (2)
If you were contacted under any of these names, it is this firm.
- Reidline Performance Trading name: A name it trades under now.
- Jim Reid Vehicle Sales Ltd Former name: A name it was registered under before.
FCA permissions and consumer protection
- Protection through the principal firmProtection works through The Compliance Guys Ltd, the principal firm responsible for this firm's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
- Complaints Ombudsman, freeYou can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
FCA disciplinary action and complaints
No FCA disciplinary action.
The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.
Companies House record
The company behind the firm: its status, age, registered office and directors.
- Company number
- SC241096 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 12 December 2002 (23 years old)
- Registered office
- 42 Queens Road, Aberdeen, AB15 4YE, Scotland
- Nature of business
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- Sale of new cars and light motor vehicles (SIC 45111)
- Sale of used cars and light motor vehicles (SIC 45112)
- Maintenance and repair of motor vehicles (SIC 45200)
- Renting and leasing of cars and light motor vehicles (SIC 77110)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| James George Reid | Director | Nov 1969 | 12 Dec 2002 | 1 other company |
| Gail Reid | Director | May 1970 | 1 Feb 2007 | 1 other company |
| Liam Jack Reid | Director | Mar 1996 | 8 Aug 2020 | 2 other companies |
| Laura Jayne Buchan | Director | Aug 1992 | 8 Aug 2020 | None |
| Philip James Buchan | Director | Aug 1989 | 8 Aug 2020 | None |
| Laura Jayne Buchan | Secretary | Not published | 11 Oct 2021 | – |
Other companies run by these 5 directors
A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.
- other companies
- 3
- closed down
- 3
- run together
- 1
In the full report: all 3 companies, named
- What each company does, and whether it is still trading
- Which of these 5 directors sit on each board, and since when
- Any that went into liquidation or administration
- The 1 company these 5 directors run together
- All 6 people who have ever been directors, with their dates
Filed accounts and finances
Net assets
£545k
<1% from £543k
Cash at bank
£78.7k
Up £78.7k from £0
Employees (average)
23
+9.5% from 21
Owed within a year
£413k
+58% from £262k
Assets and liabilities
In the full report: all 7 years of accounts
- Every year from 2020 to 2026
- The chart, over every year
- Every filed figure, year by year
About these figures
- Turnover
- Money taken from sales in the year, before any costs.
- Profit before tax
- What was left after the year’s costs, before corporation tax. A minus figure is a loss.
- Net assets, or total equity
- Everything the company owns minus everything it owes. A minus figure means it owes more than it owns.
- Total assets and total liabilities
- Everything the company owns, and everything it owes, on the last day of the year. The gap between them is its net assets.
- Cash at bank
- Money in the company’s accounts on the last day of the year.
- Owed within a year, owed after a year
- Debts and bills due in the next twelve months, and those due later.
There is no turnover or profit: small companies do not have to publish them.
Accounts filed at Companies House for company SC241096. Every figure is as filed, apart from total assets and total liabilities, which are added up from filed figures. Nothing is estimated.
Key dates in its history
Jim Reid Vehicle Sales’s history from the FCA register and Companies House, newest first.
2016
6 April 2016
- Gail Reid became a part-owner (25–50% of shares)
- James George Reid became a part-owner (25–50% of shares)
Companies House
2014
21 October 2014
- Changed its registered name from "Jim Reid Vehicle Sales Ltd"
FCA register
2007
22 January 2007
- Became an appointed representative
FCA register
2002
12 December 2002
- Incorporated at Companies House
Companies House
In the full report: all 14 events
- All 14 events in its history (5 shown here)
- Every director appointment and resignation: 7
Firms like Jim Reid Vehicle Sales
Other firms of the same type (car dealer), nearest first.
In the Aberdeen (AB) postcode area
Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.
Get the full report on Jim Reid Vehicle Sales
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 3 other companies its directors have run, named
- 2 background checks on its contact details
- 7 years of accounts, charted
- All 14 events in its history
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Frequently asked questions about this firm
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Sources and links
- Its entry on the FCA register register.fca.org.uk
- Its Companies House record gov.uk
- Complaints the Financial Ombudsman Service can help with financial-ombudsman.org.uk
- Report a scam to the FCA fca.org.uk