Big Reg Ltd

Big Reg Ltd is a small, active company based in Glasgow, UK, founded four years ago. With just two employees and £34,430 in assets, it operates as an e-commerce site and is led by a solo founder, Carroll Adelle, alongside two directors. The company’s registered address is real, with only two other companies registered there.

The website, Regtransfers, is a prominent provider of private number plates. It offers a wide range of services, including buying, selling, auctioning, and financing number plates. The site also features a magazine, guides, and news related to personalised registration numbers. It’s clear the company focuses on a niche market, offering both online and auction-based sales.

Financially, Big Reg Ltd presents a mixed picture. Current assets have decreased by 2.1% to £34,000, while net assets have fallen significantly by 67% to just £3,500. Bank borrowings have increased by 4.9% to £28,000, and cash reserves have dropped by a substantial 68% to £1,000. Creditors have also risen by 24%, suggesting a need for better cash flow management. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the sharp decline in equity is concerning. As a small company, it’s exempt from an audit, so these are unaudited figures. The company’s accountants report that they haven’t been instructed to carry out an audit, and the accounts are prepared using the historical cost convention.

It seems Big Reg Ltd is navigating some financial headwinds, although its established online presence and focus on a specialized market could provide a foundation for future growth.

Registered in Scotland under the registration number SC690212, with a registered address at G68 9DQ, Scotland, Glasgow, 11 Southfield Road, Cumbernauld.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.