RRSS REALISATIONS LIMITED

FRP ADVISORY TRADING LTD APEX 3, 95 HAYMARKET TERRACE, EDINBURGH, EH12 5HD

Previous name: R.R. SPINK & SONS (ARBROATH) LIMITED (changed on 09-Mar-2022)

Company Number: SC118747
Incorporation date: 23-Jun-1989
Status: In Administration
Entity type: Private Limited Company

SIC codes:
10200 Processing and preserving of fish, crustaceans and molluscs





SUMMARY

This company is 34.8 years old and is currently in administration. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 3.4 million which has increased from GBP 2.6 million in the previous year. The latest reported revenue figure is GBP 30.7 million which is similar to the previous year's figure of GBP 31.7 million. Retained earnings is negative (GBP -2.5 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 4 active officers (directors or partners) who are or were officers of 46 other companies, 18 (39.1%) 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-Mar-2022
Accounts Filed: FULL (29-Mar-2020)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
29-Mar-2020 GBP 30,700,866 852,869 3,820 849,049
31-Mar-2019 GBP 31,669,679 -745,477 6,382 -751,859
25-Mar-2018 GBP 25,516,908 -296,796 -1,300 -298,096


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
29-Mar-2020 GBP 1,191,861 2,442,136 6,135,802 408,163 80,934 -2,456,437 3,432,660
31-Mar-2019 GBP 1,801,649 6,402,051 33,761 408,163 80,934 -3,305,486 2,583,611
25-Mar-2018 GBP 562,512 1,535,983 -3,598,049 -73,295 408,163 80,934 -2,553,627 3,335,470

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 Helen Fraser Dunn MUIR 25 Jul 2013 01 Mar 2022 0 - 1
Resigned John Alexander HENDERSON 01 Mar 2010 24 Jul 2013 0 - 1
Resigned Joseph Graham MCMANUS 03 Apr 2008 01 Mar 2010 0 - 22
Resigned Ronald Robert Hugh DACRE 07 Mar 2008 23 Dec 2008 0 - 31
Resigned Richard HADDOW 24 Feb 2006 07 Mar 2008 0 - 4
Resigned William John RODGER 28 Feb 2003 24 Feb 2006 0 - 5
Resigned David Maxwell CHEAPE 22 Mar 2001 28 Feb 2003 0 - 1

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Raleigh Douglas SALVESEN 25 Mar 2021 Company Director British 3 - 13 (75.0%)
Active Garry PRICE 25 Mar 2021 Company Director British 1 - 12 (100.0%)
Resigned William Louis DUNCANSON 17 Sep 2019 09 Mar 2020 Director British 0 - 53 (60.0%)
Active John Christopher YOUNG 21 Nov 2017 Finance Director British 8 - 13 (33.3%)
Resigned Andrew Thomas COOKSEY 16 May 2013 20 Feb 2019 Managing Director British 0 - 1813 (72.2%)
Resigned John Alexander HENDERSON 28 Jan 2010 30 Jan 2015 None British 0 - 2610 (38.5%)
Resigned Stephen Thomas FLACK 03 Apr 2008 30 Mar 2010 Director British 0 - 119 (81.8%)
Active Alastair Eric Hotson SALVESEN 03 Apr 2008 Director British 17 - 3325 (50.0%)
Resigned Joseph Graham MCMANUS 03 Apr 2008 06 Feb 2011 Director British 0 - 2221 (95.5%)
Resigned Mark Onslow DAVIES 06 Jan 2000 03 Apr 2008 Company Director British 1 - 116 (50.0%)
Resigned Muir Ian HUNTER 06 Jan 2000 18 Dec 2008 Company Director British 0 - 1310 (76.9%)
Resigned William John RODGER 06 Jan 2000 24 Feb 2006 Company Director British 0 - 55 (100.0%)
Resigned John Edgar MOUNTFORD 24 Sep 1998 18 Jul 2001 Company Director British 1 - 84 (44.4%)
Resigned David William Brown SPINK 06 Jan 2000 Director British 0 - 11 (100.0%)
Number of active directors: 4
Average tenure of active directors: 7.1 years
Average tenure of resigned directors: 4.2 years
Average active director Dissolution Rate: 64.6%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
DAWNFRESH PROJECTS LIMITED (01474987) - Active - Proposal to Strike off
SILVER TROUT LIMITED (01634708) - Active - Proposal to Strike off
RICHMOND SHELF COMPANY LIMITED (01647723) - Active
WINDSOR CREAMERIES MANUFACTURING LIMITED (01648827) - Active
RICHMOND OPERATIONS LIMITED (01665242) - Active
W. DONNAN (SEAFOODS) LIMITED (01703258) - Dissolved
DEBEN VALLEY FOODS LIMITED (02199545) - Dissolved
RICHMOND FOODS LIMITED (02573163) - Active
PEMBREY PROPERTIES LIMITED (02956192) - Active
HELIUS ENERGY LIMITED (05745512) - Dissolved
BRITISH FROZEN FOOD FEDERATION (07687541) - Active
PRAHA INVESTMENT HOLDINGS LIMITED (FC014508) - Active
LUING CATTLE SOCIETY LIMITED (THE) (SC042993) - Active
DAWNFRESH SEAFOODS LIMITED (SC053773) - In Administration
MULL OF KINTYRE SEAFOODS LIMITED (SC080112) - Active - Proposal to Strike off
STARFISH SEAFOODS LIMITED (SC081843) - Active - Proposal to Strike off
DANIEL'S SWEET HERRING LIMITED (SC087520) - Active - Proposal to Strike off
FETTES ACTIVE LIMITED (SC090317) - Active
RRSS REALISATIONS LIMITED (SC118747) - In Administration
THE COMPASS SCHOOL (SC139349) - Active
WEST TOWN EDINBURGH LTD (SC157185) - Active
FET-LOR YOUTH CLUB (SC179111) - Active
FETTES ENTERPRISES LIMITED (SC187460) - Active
THE FETTES FOUNDATION (SC189253) - Active
ARCHANGEL INVESTORS LIMITED (SC209206) - Active
DOVECOT STUDIOS LIMITED (SC214852) - Active
THE EDINBURGH TAPESTRY COMPANY LIMITED (SC214853) - Active
ADVENTI LIMITED (SC230646) - Dissolved
DAWNFRESH HOLDINGS LIMITED (SC240267) - Liquidation
STX REALISATIONS LIMITED (SC259649) - Dissolved
GLYCOMAR LIMITED (SC279835) - Active
DOVECOT PROPERTIES LIMITED (SC295845) - Active
FETTES CENTRE FOR LANGUAGE & CULTURE LIMITED (SC311652) - Active
SCOT TROUT (PROPERTIES) LIMITED (SC335746) - Dissolved
STFX REALISATIONS LIMITED (SC335923) - Dissolved
SCOT TROUT FARMING LIMITED (SC343444) - Active - Proposal to Strike off
SCOT TROUT LIMITED (SC343449) - Active - Proposal to Strike off
DAWNFRESH FARMING LIMITED (SC344049) - Active
EDINBURGH NEW TOWN COOKERY SCHOOL LIMITED (SC357733) - Active
ARCHANGEL PUBLISHING LIMITED (SC429705) - Dissolved
LORICAL LIMITED (SC433112) - Active
LORICAL CONSULTING LIMITED (SC452701) - Active
EDLOOLLUGA LIMITED (SC487982) - Active
SUPER SADIE LIMITED (SC551268) - Active
BIG COLLIE LTD (SC603497) - Active
CRIMSON LAND EQUITIES LIMITED (SF000628) - Active
ARCHANGELS INVESTMENTS LLP (SO305086) - Dissolved

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2015-07-312014-07-312013-07-312012-07-312011-07-31
SCOT TROUT LTDORDINARY A265,306
44.8%
265,306
44.8%
265,306
44.8%
265,306
44.8%
265,306
44.8%
SCOT TROUT LTDORDINARY142,857
24.1%
142,857
24.1%
142,857
24.1%
142,857
24.1%
142,857
24.1%
SCOT TROUT LTDPREFERENCE A100,000
16.9%
100,000
16.9%
100,000
16.9%
100,000
16.9%
100,000
16.9%
SCOT TROUT LTDPREFERENCE B84,694
14.3%
84,694
14.3%
84,694
14.3%
84,694
14.3%
84,694
14.3%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

RRSS REALISATIONS 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


Title Date filed Status Publication number
Apparatus for hot smoking of food products 1997-06-14 Terminated GB2326076

COMPETITORS

(Based on Sic code: 10200 Processing and preserving of fish, crustaceans and molluscs)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
YOUNG'S SEAFOOD LIMITED YOUNG'S HOUSE, WICKHAM ROAD, GRIMSBY, ENGLAND, DN31 3SW 03751665 2017-09-30 523,338,000 -39,338,000
INTERNATIONAL SEAFOODS LIMITED HILMORE HOUSE, GAIN LANE, BRADFORD, WEST YORKSHIRE, BD3 7DL 07838062 2018-02-04 157,476,000 3,985,000
NEW ENGLAND SEAFOOD INTERNATIONAL LIMITED 48 COX LANE, CHESSINGTON, SURREY, KT9 1TW 02565953 2017-10-31 151,467,000 907,000
MARINE HARVEST VAP UK LIMITED C/O BRODIES LLP CAPITAL SQUARE, 58 MORRISON STREET, EDINBURGH, UNITED KINGDOM, EH3 8BP SC349437 2017-12-31 144,810,245 5,893,464
FARNE SALMON & TROUT LIMITED STATION ROAD, DUNS, BERWICKSHIRE, TD11 3HS SC076613 2018-06-30 114,449,000 1,123,000
LYONS SEAFOODS LIMITED FAIRFIELD HOUSE, FAIRFIELD ROAD, WARMINSTER, WILTSHIRE, BA12 9DA 02987743 2018-06-30 114,183,000 9,878,000
THISTLE SEAFOODS LIMITED THISTLE SEAFOODS LIMITED HARBOUR STREET, BODDAM, PETERHEAD, SCOTLAND, AB42 3AU SC223362 2017-12-31 89,545,000 0 46380-Wholesale of other food, including fish, crustaceans and molluscs
MACDUFF SHELLFISH (SCOTLAND) LIMITED PINSENT MASONS LLP, 13 QUEENS ROAD, ABERDEEN, SCOTLAND, AB15 4YL SC106514 2017-12-31 77,965,088 5,591,741
FIVE STAR FISH LIMITED TRINITY PARK HOUSE TRINITY BUSINESS PARK, FOX WAY, WAKEFIELD, WEST YORKSHIRE, WF2 8EE 07208651 2017-07-29 57,521,000 -17,272,000
COOMBE FISHERIES LIMITED RIVERSIDE ROAD, POTTINGTON BUSINESS PARK, BARNSTAPLE, DEVON, EX31 1QN 01506577 2017-12-31 24,159,156 0
COQUET ISLAND SHELLFISH LIMITED COQUET ISLAND SHELLFISH COQUET ENTERPRISE PARK, AMBLE, MORPETH, ENGLAND, NE65 0PE 04874060 2018-04-30 13,128,349 0
S. RIDDLER LIMITED UNIT 2A/2B VICTORIA BUSINESS PARK, ROCHE, ST. AUSTELL, ENGLAND, PL26 8LX 02060546 2017-11-30 8,838,428 0 46380-Wholesale of other food, including fish, crustaceans and molluscs
MACDUFF SHELLFISH GROUP LIMITED PINSENT MASONS LLP, 13 QUEENS ROAD, ABERDEEN, SCOTLAND, AB15 4YL SC395537 0000-00-00 0 0

LIQUIDATION RISK (BETA)



This company is In Administration. 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 99.8% 99.8% 99.4% 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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