ARGYLE STREET PROPERTIES (NO 2) LIMITED

KPMG LLP, 8 SALISBURY SQUARE, LONDON, EC4Y 8BB

Company 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-2010
Accounts 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**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY 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 - 2526 (86.7%)
Resigned Paul CLARKE 04 Oct 2004 15 Sep 2013 Finance Director British 0 - 6560 (92.3%)
Active Denise PRICE 10 Oct 2003 Designer British 5 - 3737 (88.1%)
Active Charles Ian PRICE 23 Apr 2003 Property Company Director British 5 - 3737 (88.1%)
Resigned Cornus MOORE 18 Feb 2003 24 Oct 2003 Businessman South African 0 - 1511 (73.3%)
Resigned Carel STASSEN 01 Aug 2002 18 Feb 2003 Managing Director South African 0 - 2817 (60.7%)
Resigned Paul CLARKE 01 Aug 2002 24 Oct 2003 Accountant British 0 - 3327 (81.8%)
Resigned Henrik ROELOFSE 01 Aug 2002 21 Feb 2003 Financial Director South African 0 - 22 (100.0%)
Resigned John James Arthur HAMER 31 Jul 2002 01 Aug 2002 Solicitor British 4 - 3415 (39.5%)
Resigned Jonathan Andrew HEALEY 31 Jul 2002 01 Aug 2002 Solicitor British 0 - 1914 (73.7%)
Number of active directors: 3
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

Name
 
SECURITIES SAVINGS LIMITED (00952418) - Dissolved
ALGAGROVE LIMITED (00971940) - Active
ALGAGROVE PROPERTIES LIMITED (01041780) - Liquidation
CONSULTIAM COMMERCIAL PROPERTY ASSET MANAGEMENT LIMITED (01238398) - Dissolved
A.E.P. (MODULAR CONSTRUCTION) LIMITED (03445509) - Active
C P R (HOLDINGS) LIMITED (03656333) - Dissolved
PHI INVESTMENTS LIMITED (03890041) - Dissolved
CONSULTIAM LIMITED (04150844) - Dissolved
E-COMPROP LIMITED (04333123) - Dissolved
ARGYLE STREET PROPERTIES (NO 1) LIMITED (04500265) - Dissolved
ARGYLE STREET PROPERTIES (NO 2) LIMITED (04500275) - Liquidation
CHARLES PRICE & CO (MANAGEMENTS) LIMITED (04500300) - Active
PS PROPERTIES (NO 1) LIMITED (04512347) - Dissolved
PS PROPERTIES (NO 2) LIMITED (04512369) - Dissolved
BLN PROPERTY COMPANY LIMITED (04542631) - Liquidation
BRIDGEGROVE 2 LIMITED (04889555) - Dissolved
THORPEGATE 2 LIMITED (04889559) - Liquidation
BRIDGEGROVE 1 LIMITED (04898986) - Dissolved
THORPEGATE 1 LIMITED (04903570) - Dissolved
SPRINGFIELD PROPERTIES (NO.1) LIMITED (05322373) - Dissolved
SPRINGFIELD PROPERTIES (NO.2) LIMITED (05322396) - Dissolved
BLN PROPERTIES (NO. 1) LIMITED (05360221) - Dissolved
BLN PROPERTIES (NO. 2) LIMITED (05360226) - Dissolved
BLYTH PROPERTIES (NO. 1) LIMITED (05360232) - Dissolved
BLYTH PROPERTIES (NO. 2) LIMITED (05360248) - Dissolved
HUDDERSFIELD PROPERTY DEVELOPMENTS LIMITED (05500482) - Dissolved
ELMPOWER LIMITED (05576139) - Dissolved
JUNEDEAL LIMITED (05579810) - Dissolved
WIGMORE (UK) LIMITED (05744599) - Dissolved
BLN PROPERTY DEVELOPMENTS LIMITED (05872515) - Liquidation
HASLEMERE DEVELOPMENTS LIMITED (06319697) - Dissolved
GATE CAPITAL PARTNERS LIMITED (06828531) - Dissolved
GATE PARTNERSHIP RESIDENTIAL SALES LIMITED (06960744) - Dissolved
GRANTON RETAIL PARK LIMITED (07168534) - In Administration
BLN REAL ESTATE LIMITED (07168546) - Dissolved
PIP 1 LIMITED (07168549) - Dissolved
PIP 3 LIMITED (07168551) - Dissolved
PIP 2 LIMITED (07168552) - Dissolved
GRANTON MARINA LIMITED (10606712) - Active
LIVING FOR RETIREMENT LIMITED (10815647) - Active - Proposal to Strike off
MARINA HARBOUR DEVELOPMENTS LIMITED (13905402) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2010-07-31
ARGYLE STREET PROPERTIES (NO 1) LIMITEDORDINARY1
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
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