CARSELECT1.COM LTD.

Company number SC327303 ·

Active

Executive summary

CARSELECT1.COM LTD. is a micro-scale independent used car dealer that has traded since 2007 but operates with an extremely thin capital base, even by the modest standards of small independent operators in this fragmented sector. While the 2025 financial year shows meaningful improvement to net assets of £8,947, the historical pattern of near-zero or negative equity raises questions about long-term viability in a market increasingly dominated by well-capitalised online platforms and larger dealer groups. The company's survival through multiple economic cycles demonstrates resilience, but its scale and capitalisation leave it highly exposed to sector headwinds including rising finance costs, regulatory compliance burdens, and digital disruption.

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Shareholders' funds

£8,947

Balance sheet as at 2025-07-31

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Overview

Company type
Private Limited Company
Incorporated
2007-07-05
Employees
1 (2025 accounts)
Registered office
60 Low Glencairn Street, Kilmarnock, Scotland, KA1 4DD
Postcode
KA1 4DD
Capital
100 GBP
Accounts category
Micro

Accounts

Last made up to
2025-07-31
Next due by
2027-04-30
Financial year end
31 July

Confirmation statement

Last statement dated
2026-07-05
Next due by
2027-07-19
View filing history →

Nature of business (SIC)

  • 45112 Sale of used cars and light motor vehicles

Officers 2 current · 2 resigned

Appointed 2007-07-05
Appointed 2007-07-05

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Data protection registration

Registered with the ICO as a data protection fee payer — ZB676130 (Tier 1), registered since 2024.

Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.

Previous registered addresses 4

AddressChanged on
30 MILLER ROAD, AYR, KA7 2AY2021-04-07
12 AUCHENTRAE CRESCENT, AYR, AYRSHIRE, KA7 4BB2015-03-11
LAREVE 12 AUCHENTRAE CRESCENT, AYR, AYRSHIRE, KA7 4BB2013-03-21
4 DOONVALE PLACE, AYR, KA7 1UH2008-02-27

Among its peers

Among the oldest 25%

of 50 similar companies in KA, trading since 2007

No.16 of the largest sale of used cars and light motor vehicles companies in Ayr →

Competitors Ayr

This company ranks 16 among sale of used cars and light motor vehicles in Ayr.

Full league table →

The class of 2007

42%

of the 395 companies in this sector incorporated in 2007 are still active today; 53% have since been dissolved.

A fact about the year, not a forecast for this company.

Survival rates for every incorporation year →