SC006409 LIMITED

C/O ZOLFO COOPER CORNERSTONE, 107 WEST REGENT STREET, GLASGOW, G2 2BA

Previous name: WATSON CONSTRUCTION LIMITED (changed on 19-Aug-2016)
Previous name: W. & J.R. WATSON, LIMITED (changed on 29-Jun-2005)

Company Number: SC006409
Incorporation date: 05-Feb-1907
Status: Active
Entity type: Private Limited Company

SIC codes:
4521 Gen construction & civil engineer

SUMMARY

This company is 118.2 years old and is currently active. The company has positive equity (net assets) of GBP 3.2 million which has increased from GBP 3 million in the previous year. The latest reported revenue figure is GBP 14.9 million which is up 20% on previous year's figure of GBP 12.6 million. Retained earnings is negative (GBP -598.3 thousand), 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 1 active officers (directors or partners) who are or were officers of 7 other companies, 2 (28.6%) 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-Oct-2007
Accounts Filed: FULL (31-Dec-2005)

P&L Financials:

Year end	Currency	Revenue	Interest Paid	Tax	Net Profit GBP
31-Dec-2005	GBP	14,910,401	12,076	7,217	-125,370
31-Dec-2004	GBP	12,570,706	13,092	6,029	114,125
31-Dec-2003	GBP	12,896,748	15,049

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Debt	Share Capital	Retained Earnings	Net Assets
31-Dec-2005	GBP	744	3,681,089	5,529,093	54,899	135,000	-598,330	3,231,537
31-Dec-2004	GBP	462	2,955,017	4,474,077	534,409	154,118	-824,587	2,965,217
31-Dec-2003	GBP	201	3,650,073	5,129,319	724,521	154,118	-938,712	2,185,985

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**
31-Dec-2005	GBP	-14.16%	-19,118	154,118	135,000	438,610

* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY

Status	Name	Appointed on	Resigned on	Nationality	All apointments (active/resigned)
Active	D.W. COMPANY SERVICES LIMITED	19 Aug 1996	22 Mar 2025		4 - 940
Resigned	Thomas BROWN	01 Feb 1996	19 Aug 1996	British	1 - 5
Resigned	George GRAHAMSLAW	18 Apr 1995	01 Feb 1996	British	0 - 7
Resigned	Gordon Lawrie CALDER	01 Jan 1990	18 Apr 1995	British	0 - 4
Resigned	Archibald Fleming THOMSON		01 Jan 1990	British	0 - 1

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Resigned	Ian Scott WILKINSON	05 Dec 2001	07 Mar 2007	Director	British	1 - 4	3 (60.0%)
Resigned	Graeme HADDEN	05 Dec 2001	07 Mar 2007	Director	British	0 - 4	3 (75.0%)
Resigned	Alan GIBSON	23 Feb 1999	07 Dec 2001	Director	British	0 - 2	1 (50.0%)
Resigned	Colin Charles CRUICKSHANK	06 Dec 1996	30 Apr 2001	Company Director	British	1 - 1	1 (50.0%)
Resigned	Archibald Grant MEIKLE	19 Aug 1996	30 Jun 1999	Manager	British	0 - 12	5 (41.7%)
Resigned	Thomas BROWN	19 Aug 1996	30 Aug 2007	Director	British	1 - 5	2 (33.3%)
Resigned	Alistair William KETTLES	14 Nov 1994	30 Aug 2007	Quantity Surveyor	British	2 - 6	3 (37.5%)
Active	Ian Hugh GRACIE	24 May 1994		Chief Executive	British	4 - 4	3 (37.5%)
Resigned	Peter DRESCHER	01 Jan 1990	29 Mar 1996	Quantity Surveyor	British	0 - 1	0 (0.0%)
Resigned	Eric Archibald MCBURNIE		11 Jul 1990	Surveyor	British	0 - 2	1 (50.0%)
Resigned	George GRAHAMSLAW		19 Aug 1996	Chartered Accountant	British	0 - 7	3 (42.9%)
Resigned	John MCQUILLAN		16 Jul 1992	Company Director	British	0 - 5	2 (40.0%)

Number of active directors: 1
Average tenure of active directors: 30.9 years
Average tenure of resigned directors: 4.6 years
Average active director Dissolution Rate: 37.5%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Ian Hugh GRACIE
SC006409 LIMITED (SC006409) - Active	✔
JAMES BEATON AND COMPANY (PLUMBERS) LIMITED (SC030471) - Active	✔
WSTO REALISATIONS LIMITED (SC061974) - Active - Proposal to Strike off	✔
SNS REALISATIONS LIMITED (SC101078) - Dissolved	✔
W & J R WATSON LIMITED (SC220241) - Active	✔
IAN GRACIE ASSOCIATES LIMITED (SC341528) - Active	✔
SIGRA JOINERY SERVICES LIMITED (SC372898) - Active	✔
CONSTRUCTION RECOVERY SOLUTIONS LTD (SC386686) - Dissolved	✔

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

no controlling companies

SC006409 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: 4521 Gen construction & civil engineer)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes

LIQUIDATION RISK (BETA)

This company is Active. Statistically, Active companies have a low 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
SC006409 LIMITED	0.7%	3.6%	7.1%	Medium
Other companies Active in the same sector	1.9%	3.7%	4.0%	Medium


Age	0.6%	1.7%	2.7%	Medium
Company Type	0.7%	3.7%	7.4%	Medium
Accounts category	0.7%	2.2%	3.8%	Medium
Accounting Month	0.6%	2.4%	5.5%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium