ALBA PROPERTIES LIMITED

10 SOUTHFIELD DRIVE, ELGIN, IV30 6GR

Company Number: SC324906
Incorporation date: 05-Jun-2007
Status: Active
Entity type: Private Limited Company

SIC codes:
77400 Leasing of intellectual property and similar products, except copyright works





SUMMARY

This company is 16.8 years old and is currently active. It is controlled by Mr Alexander William Adam. No P&L financials are available but there is Balance Sheet data. The company has positive equity (net assets) of GBP 25.7 thousand which has decreased from the previous year's figure of GBP 108.9 thousand. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -83.2 thousand in the last reported period. Retained earnings is negative (GBP -1.1 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 3 active officers (directors or partners) who are or were officers of 17 other companies, 8 (47.1%) 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: 28-Feb-2025
Accounts Filed: TOTAL EXEMPTION FULL (31-May-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-May-2021 GBP 34,217
31-May-2020 GBP -83,553
31-May-2017 GBP 186,722
No P&L data available


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-May-2023 GBP 209,452 112,073 114,657 2,583,159 42,506 1,124,737 -1,141,571 25,672
31-May-2022 GBP 212,197 110,639 56,491 2,559,400 42,506 1,124,737 -1,058,335 108,908
31-May-2021 GBP 211,886 113,110 2,585,735 41,230 911,990 -1,038,216 -84,996
31-May-2020 GBP 231,179 231,179 68,209 2,684,146 35,760 -1,072,433 -1,036,673
31-May-2019 GBP 232,052 232,052 25,841 2,644,495 34,999 -988,880 -953,881
31-May-2018 GBP 143,297 144,182 67,881 416,267 34,999 771,110 806,109
31-May-2017 GBP 954,194 1,133,642 50,978 2,965,001 34,999 499,427 534,426
31-May-2016 GBP 83,491 226,116 8,140 2,965,001 34,999 312,705 347,704
31-May-2015 GBP 82,546 199,679 3,464 2,965,001 34,999 290,944 325,943
31-May-2014 GBP 98,165 198,849 4,259 2,965,001 34,999 289,319 324,318
31-May-2013 GBP 112,775 194,702 8,350 3,677,930 34,999 -431,848 -396,849
31-May-2012 GBP 121,466 174,489 12,593 3,593,871 34,999 -372,245 -337,246

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-May-2022 GBP 3.00% 214,023 6,915,492 7,129,515 9,383,030
31-May-2021 GBP 13.27% 917,460 5,997,874 6,915,334 8,870,012
31-May-2020 GBP 2.13% 761 34,999 35,760 2,468,085
* 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 Occupation Nationality All apointments
(active/resigned)
Resigned Innes SMITH 05 Jun 2007 12 Sep 2017 British 11 - 29

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Gordon Duncan ADAM 01 Dec 2023 Property Manager Scottish 2 - 00 (0.0%)
Resigned Innes SMITH 17 Feb 2011 12 Sep 2017 Chartered Accountant British 11 - 2914 (35.0%)
Active Alexander William ADAM 05 Jun 2007 Land Developer Scottish 8 - 109 (50.0%)
Active Anne Ferguson ADAM 05 Jun 2007 Teacher British 2 - 30 (0.0%)
Number of active directors: 3
Average tenure of active directors: 11.3 years
Average tenure of resigned directors: 6.6 years
Average active director Dissolution Rate: 16.7%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
SPRINGFIELD PROPERTIES PLC (SC031286) - Active
SCREENAUTUMN LIMITED (SC211965) - Active
HOMES FOR SCOTLAND LIMITED (SC213820) - Active
SPREE PROPERTY INVESTMENTS LTD (SC301471) - Dissolved
ALBA PROPERTIES LIMITED (SC324906) - Active
SPRINGFIELD REAL ESTATE MANAGEMENT LIMITED (SC352745) - Active
BARMUCKITY BUSINESS PARK LIMITED (SC353081) - Dissolved
SPRINGFIELD CONSTRUCTION LIMITED (SC360536) - Active - Proposal to Strike off
SPRINGFIELD AFFORDABLE LIMITED (SC360537) - Dissolved
SPRINGFIELD CIVIL ENGINEERING LIMITED (SC360538) - Active - Proposal to Strike off
SPRINGFIELD HOMES NORTH LIMITED (SC360577) - Dissolved
AW & JG ADAM LTD (SC376174) - Liquidation
PLANET BBK LTD (SC380435) - Liquidation
KAITERI LIMITED (SC437151) - Liquidation
BERTHA PARK LIMITED (SC437498) - Active
SALTIRE BUSINESS PARKS LTD (SC443166) - Active
MILLHOUSE DEVELOPMENTS (INVERURIE) LTD (SC473721) - Active
ACTION ELGIN LIMITED (SC518768) - Active

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

ALBA PROPERTIES LIMITED

Controlled companies below

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: 77400 Leasing of intellectual property and similar products, except copyright works)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
HOLOGIC IP LTD HERON HOUSE OAKS BUSINESS PARK CREWE ROAD, WYTHENSHAWE, MANCHESTER, M23 9HZ 09484129 2018-09-30 238,347,108 150,398,349
AXELOS LIMITED 192 SLOANE STREET, LONDON, UNITED KINGDOM, SW1X 9QX 08489114 2017-12-31 37,236,644 13,264,593
ELLA'S KITCHEN (IP) LIMITED ELLA'S BARN 22 GREYS GREEN FARM, ROTHERFIELD GREYS, HENLEY-ON-THAMES, OXFORDSHIRE, ENGLAND, RG9 4QG 06957235 2018-06-30 1,677,842 1,548,150
MIKEL COFFEE COMPANY LIMITED ST GEORGES HOUSE, 6TH FLOOR, 15 HANOVER SQUARE, LONDON, UNITED KINGDOM, W1S 1HS 09743020 2017-12-31 284,493 0
PROPERTY HQ LIMITED 95 WOOD STREET, WALTHAMSTOW, LONDON, E17 3LL 06843861 2018-03-31 80,139 0
THE LOCAL FUTURES GROUP LIMITED 30 FINSBURY SQUARE, LONDON, ENGLAND, EC2A 1AG 03375867 2016-06-30 31,898 27,870
LONGSCOTT LIMITED 7/182 SLATEFORD ROAD, EDINBURGH, MIDLOTHIAN, EH14 1LR SC219718 2018-07-31 24,000 0
KLATRAN INVESTMENT LIMITED BANK HOUSE, 81 ST JUDES ROAD, ENGLEFIELD GREEN, SURREY, UNITED KINGDOM, TW20 0DF 09454204 2018-02-28 9,676 0
REN VENTURES LTD 6 BOLINGBROKE ROAD, FLAT 2, LONDON, UNITED KINGDOM, W14 0AL 09846389 2017-10-31 2,500 0
SOFTRENT LIMITED HEATHERVIEW SOUTH SIDE, CHALFONT ST PETER, GERRARDS CROSS, BUCKINGHAMSHIRE, SL9 8NJ 03672467 2018-11-20 2,080 0
FORESIGHT LEASING LIMITED 27 THE FARTHINGALES, MAIDENHEAD, ENGLAND, SL6 1TE 08461674 2018-03-31 510 0
AYESHA PROPERTY HOLDINGS LTD MEHMUDA HOUSE 212E, ROMFORD ROAD, LODNON, ENGLAND, E7 9HY 07640017 2018-05-31 0 0
FERNCEDAR PROPERTY MANAGEMENT LIMITED HAYHILLS HOUSE HAYHILLS ROAD, SILSDEN, KEIGHLEY, WEST YORKSHIRE, ENGLAND, BD20 9NE 05157292 2018-11-30 0 0
FIRST CENTRAL SECURITIES LIMITED 15 HOLLYHURST GROVE HOLLYHURST GROVE, SHIRLEY, SOLIHULL, ENGLAND, B90 2RD 02422393 2018-12-31 0 0
ST ARTE LTD WELLINGTON HOUSE 273-275 HIGH STREET, LONDON COLNEY, ST ALBANS, ENGLAND, AL2 1HA 09571395 2018-05-31 0 0
WOODS&SPRINGS LIMITED BANK HOUSE, 81 ST JUDES ROAD, ENGLEFIELD GREEN, SURREY, UNITED KINGDOM, TW20 0DF 09718980 2018-12-31 0 0

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
ALBA PROPERTIES LIMITED 0.7% 3.8% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.4% 1.7% 3.3% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.5% 2.1% 4.2% Medium
Accounting Month 0.6% 6.1% 8.0% Medium
Sic code count 0.7% 3.5% 7.0% Medium
Do you have a dispute with a business?
Make it public