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RRSS REALISATIONS LIMITED
FRP ADVISORY TRADING LTD APEX 3, 95 HAYMARKET TERRACE, EDINBURGH, EH12 5HDPrevious 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-2022Accounts 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** |
---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY 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 - 1 | 3 (75.0%) | |
Active | Garry PRICE | 25 Mar 2021 | Company Director | British | 1 - 1 | 2 (100.0%) | |
Resigned | William Louis DUNCANSON | 17 Sep 2019 | 09 Mar 2020 | Director | British | 0 - 5 | 3 (60.0%) |
Active | John Christopher YOUNG | 21 Nov 2017 | Finance Director | British | 8 - 1 | 3 (33.3%) | |
Resigned | Andrew Thomas COOKSEY | 16 May 2013 | 20 Feb 2019 | Managing Director | British | 0 - 18 | 13 (72.2%) |
Resigned | John Alexander HENDERSON | 28 Jan 2010 | 30 Jan 2015 | None | British | 0 - 26 | 10 (38.5%) |
Resigned | Stephen Thomas FLACK | 03 Apr 2008 | 30 Mar 2010 | Director | British | 0 - 11 | 9 (81.8%) |
Active | Alastair Eric Hotson SALVESEN | 03 Apr 2008 | Director | British | 17 - 33 | 25 (50.0%) | |
Resigned | Joseph Graham MCMANUS | 03 Apr 2008 | 06 Feb 2011 | Director | British | 0 - 22 | 21 (95.5%) |
Resigned | Mark Onslow DAVIES | 06 Jan 2000 | 03 Apr 2008 | Company Director | British | 1 - 11 | 6 (50.0%) |
Resigned | Muir Ian HUNTER | 06 Jan 2000 | 18 Dec 2008 | Company Director | British | 0 - 13 | 10 (76.9%) |
Resigned | William John RODGER | 06 Jan 2000 | 24 Feb 2006 | Company Director | British | 0 - 5 | 5 (100.0%) |
Resigned | John Edgar MOUNTFORD | 24 Sep 1998 | 18 Jul 2001 | Company Director | British | 1 - 8 | 4 (44.4%) |
Resigned | David William Brown SPINK | 06 Jan 2000 | Director | British | 0 - 1 | 1 (100.0%) |
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
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2015-07-31 | 2014-07-31 | 2013-07-31 | 2012-07-31 | 2011-07-31 | ||
SCOT TROUT LTD | ORDINARY A | 265,306 44.8% | 265,306 44.8% | 265,306 44.8% | 265,306 44.8% | 265,306 44.8% |
SCOT TROUT LTD | ORDINARY | 142,857 24.1% | 142,857 24.1% | 142,857 24.1% | 142,857 24.1% | 142,857 24.1% |
SCOT TROUT LTD | PREFERENCE A | 100,000 16.9% | 100,000 16.9% | 100,000 16.9% | 100,000 16.9% | 100,000 16.9% |
SCOT TROUT LTD | PREFERENCE B | 84,694 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 |