Do you have a dispute with a business?
Make it public
ARGYLE STREET PROPERTIES (NO 2) LIMITED
KPMG LLP, 8 SALISBURY SQUARE, LONDON, EC4Y 8BBCompany Number: 04500275
Incorporation date: 31-Jul-2002
Status: Liquidation
Entity type: Private Limited Company
SIC codes:
7020 Letting of own property
SUMMARY
This company is 21.7 years old and is currently liquidation. The company has positive equity (net assets) of GBP 7.7 million which has increased from GBP 1.6 million in the previous year. The latest reported revenue figure is GBP 28.1 thousand which is down -50% on the previous year. Retained earnings is negative (GBP -2.6 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 2 active officers (directors or partners) who are or were officers of 40 other companies, 35 (87.5%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 31-Dec-2010Accounts Filed: FULL (31-Mar-2009)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
31-Mar-2008 | GBP | 28,118 | -709,824 | 15,554 | 755,634 | -1,449,904 | |
31-Mar-2006 | GBP | 56,115 | -63,363 | 32,641 | 195,873 | -226,595 | |
31-Mar-2005 | GBP | 5,492 | -126,783 | 2,734 | 124,949 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Mar-2008 | GBP | 353,000 | 479,456 | 11,142,503 | 1,362,221 | 1 | -2,563,726 | 7,674,732 | |
31-Mar-2006 | GBP | 548,779 | 2,692,597 | 1 | -590,985 | 1,606,182 | |||
31-Mar-2005 | GBP | 110,149 | 744,936 | 116,255 | 2,545,904 | 1 | -364,390 | 1,832,777 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
Resigned | Paul CLARKE | 04 Oct 2004 | 15 Sep 2013 | 0 - 65 | ||
Resigned | Denise PRICE | 24 Oct 2003 | 04 Oct 2004 | 5 - 37 | ||
Resigned | James WHITELEGG | 14 Aug 2003 | 24 Oct 2003 | 0 - 12 | ||
Resigned | Paul CLARKE | 21 Feb 2003 | 14 Aug 2003 | 0 - 33 | ||
Resigned | Henrik ROELOFSE | 01 Aug 2002 | 21 Feb 2003 | 0 - 2 | ||
Resigned | Rebecca Jane MCCALL | 31 Jul 2002 | 01 Aug 2002 | 0 - 16 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Kevin FAWCETT | 20 Jul 2005 | Development Director | British | 5 - 25 | 26 (86.7%) | |
Resigned | Paul CLARKE | 04 Oct 2004 | 15 Sep 2013 | Finance Director | British | 0 - 65 | 60 (92.3%) |
Active | Denise PRICE | 10 Oct 2003 | Designer | British | 5 - 37 | 37 (88.1%) | |
Active | Charles Ian PRICE | 23 Apr 2003 | Property Company Director | British | 5 - 37 | 37 (88.1%) | |
Resigned | Cornus MOORE | 18 Feb 2003 | 24 Oct 2003 | Businessman | South African | 0 - 15 | 11 (73.3%) |
Resigned | Carel STASSEN | 01 Aug 2002 | 18 Feb 2003 | Managing Director | South African | 0 - 28 | 17 (60.7%) |
Resigned | Paul CLARKE | 01 Aug 2002 | 24 Oct 2003 | Accountant | British | 0 - 33 | 27 (81.8%) |
Resigned | Henrik ROELOFSE | 01 Aug 2002 | 21 Feb 2003 | Financial Director | South African | 0 - 2 | 2 (100.0%) |
Resigned | John James Arthur HAMER | 31 Jul 2002 | 01 Aug 2002 | Solicitor | British | 4 - 34 | 15 (39.5%) |
Resigned | Jonathan Andrew HEALEY | 31 Jul 2002 | 01 Aug 2002 | Solicitor | British | 0 - 19 | 14 (73.7%) |
Average tenure of active directors: 20.0 years
Average tenure of resigned directors: 1.7 years
Average active director Dissolution Rate: 87.6%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date |
---|---|---|
2010-07-31 | ||
ARGYLE STREET PROPERTIES (NO 1) LIMITED | ORDINARY | 1 100% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
no controlling companies
ARGYLE STREET PROPERTIES (NO 2) LIMITED
no controlled companies
LATE PAYMENTS REPORT
This company has not filed any late payment reports possibly because it is not considered \'Large\'.
COURT CASES
No Court Cases found
PATENTS
No Patents found
COMPETITORS
(Based on Sic code:
7020 Letting of own property)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|
LIQUIDATION RISK (BETA)
This company is Liquidation. Statistically, such companies have a VERY HIGH probability of being liquidated within a year.
Here are our probability predictions:
Basis | Liquidation within 3 months | Liquidation within 6 months | Liquidation within 12 months | Prediction confidence |
---|---|---|---|---|
Company status | 100.0% | 99.4% | 99.9% | High |
Other companies Active in the same sector | Too few competitors | |||
Age | 0.3% | 1.3% | 2.4% | Medium |
Company Type | 0.7% | 3.7% | 7.4% | Medium |
Accounts category | 0.7% | 2.2% | 3.8% | Medium |
Accounting Month | 0.5% | 1.8% | 3.9% | Medium |
Sic code count | 0.7% | 3.5% | 7.0% | Medium |