THE WUID CHIPS COMPANY LIMITED

DEESIDE ACTIVITY PARK, DESS, ABOYNE, ABERDEENSHIRE, AB34 5BD

Company Number: SC334081
Incorporation date: 19-Nov-2007
Dissolved date: 23-May-2017
Status: Dissolved
Entity type: Private Limited Company

SIC codes:
02100 Silviculture and other forestry activities





SUMMARY

This company is 16.4 years old and is currently dissolved since 23-May-2017. It is controlled by multiple entities. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -85.3 thousand which has worsened since the previous year's figure of GBP -81.8 thousand. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -3.5 thousand in the last reported period. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -85.3 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 no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)


Accounts Filed: TOTAL EXEMPTION SMALL (31-Mar-2015)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
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-Mar-2015 GBP 20,160 35,036 23,244 99,998 2 -85,312 -85,310
31-Mar-2014 GBP 21,302 28,983 16,585 99,998 2 -81,802 -81,800
31-Mar-2013 GBP 19,834 29,451 16,796 99,998 2 -74,725 -74,723
31-Mar-2012 GBP 12,520 21,003 6,196 99,998 2 -66,953 -66,951

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)
unknown Evan Barry REITH 11 Jun 2008 28 Mar 2024 0 - 8
Resigned LC SECRETARIES LIMITED 19 Nov 2007 11 Jun 2008 282 - 438

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Resigned? Alexander James Amherst BURNETT OF LEYS 11 Jun 2008 Company Director British 5 - 44 (44.4%)
Resigned? Andrew Harry NICOL 05 Dec 2007 Chartered Forester British 2 - 21 (25.0%)
Resigned LEDGE SERVICES LIMITED 19 Nov 2007 05 Dec 2007 10 - 14197 (64.2%)
No director information in our Database

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

No information on directors in other companies.

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

THE WUID CHIPS COMPANY 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: 02100 Silviculture and other forestry activities)

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02400-Support services to forestry
96090-Other service activities not elsewhere classified
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16240-Manufacture of wooden containers
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LIQUIDATION RISK (BETA)



This company is Dissolved. 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% 100.0% 100.0% High
Other companies Active in the same sector 0.3% 1.9% 4.8% Medium
Age 0.4% 1.7% 3.3% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 3.5% 7.3% 10.5% Medium
Accounting Month 0.5% 1.8% 3.9% Medium
Sic code count 0.7% 3.5% 7.0% Medium