786 (SCOTLAND) LTD

237 MAIN STREET, BELLSHILL, LANARKSHIRE, ML4 1AJ

Company Number: SC394998
Incorporation date: 08-Mar-2011
Status: Active - Proposal to Strike off
Entity type: Private Limited Company

SIC codes:
95120 Repair of communication equipment





SUMMARY

This company is 13.1 years old and is currently active - proposal to strike off. It is controlled by Mr Mohammad Shahbaz Ramzan. The company has negative equity (net assets) of GBP -8.1 thousand which has worsened since the previous year's figure of GBP -1.3 thousand. The latest reported revenue figure is GBP 17 thousand which is up 30% on previous year's figure of GBP 12.6 thousand. 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 -8.2 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)

Next accounts due: 30-Sep-2024
Accounts Filed: TOTAL EXEMPTION FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2022 GBP 17,004 -6,832 -6,832
31-Mar-2022 GBP 12,649 -4,439 -4,439
31-Mar-2021 GBP 9,055 715 715
31-Mar-2020 GBP 30,555 1,419 21 1,398
31-Mar-2019 GBP 43,922 2,733 6 2,727
31-Mar-2018 GBP 51,011 2,556 98 2,458
31-Mar-2017 GBP 49,963 2,074 2,074
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-Dec-2022 GBP 1 1 8,140 8,140 100 -8,239 -8,139
31-Mar-2022 GBP 9,497 10,952 5,090 11,914 100 -1,407 -1,307
31-Mar-2021 GBP 15,398 17,408 3,765 15,256 100 3,032 3,132
31-Mar-2020 GBP 915 3,258 1,590 3,996 100 2,317 2,417
31-Mar-2019 GBP 196 2,761 2,089 4,398 100 919 1,019
31-Mar-2018 GBP 2,070 5,005 1,031 7,982 100 637 737
31-Mar-2017 GBP 2,720 6,855 986 10,385 100 129 229
31-Mar-2016 GBP 2,084 7,010 1,116 12,484 100 -1,945 -1,845
31-Mar-2015 GBP 1,979 6,038 1,080 12,484 100 -2,881 -2,781
31-Mar-2014 GBP 2,515 6,833 904 14,373 100 -3,799 -3,699
31-Mar-2013 GBP 1,136 5,616 815 14,123 100 -4,677 -4,577
31-Mar-2012 GBP 1,444 5,549 565 14,641 100 -5,012 -4,912

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)
No information on secretary appointments

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Resigned? Mohammad Shahbaz RAMZAN 08 Mar 2011 Director British 1 - 11 (50.0%)
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

786 (SCOTLAND) LTD

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: 95120 Repair of communication equipment)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
THE PHONE SHED LIMITED 4 BURNS CLOSE, EWLOE, DEESIDE, WALES, CH5 3TS 10094756 2018-03-31 382,068 0
SEC-IT LIMITED 2 HARTFIELD CLOSE, KENTS HILL, MILTON KEYNES, MK7 6HN 08316797 2018-12-31 97,748 0
CORNWALL IPHONE REPAIR LTD FEEL GOOD BUILDING, PARGOLLA ROAD, NEWQUAY, ENGLAND, TR7 1RP 09473652 2018-03-31 79,286 0
IREPAIRS4U LTD 1 CHURCH STREET, BIGGLESWADE, ENGLAND, SG18 0FF 08033605 2018-04-30 51,970 0
786 (SCOTLAND) LTD 237 MAIN STREET, BELLSHILL, LANARKSHIRE, ML4 1AJ SC394998 2018-03-31 51,011 0
TCS MOBILE LTD 13 HILGROVE ROAD, NEWQUAY, CORNWALL, UNITED KINGDOM, TR7 2QY 10318967 2018-08-31 42,907 0
IFIX EXPERT LTD C/O GLOBAL ACCOUNTANCY PRACTICE LTD, 10 ALLISON STREET, GLASGOW, UNITED KINGDOM, G42 8NN SC536079 2018-05-31 42,305 0
SCHMANT LTD 14 CHATSWORTH HEIGHTS, CAMBERLEY, UNITED KINGDOM, GU15 1NH 09659784 2018-06-30 24,393 0
CARPA LIMITED 95 ROBBERY BOTTOM LANE, WELWYN, ENGLAND, AL6 0UL 10807608 2018-06-30 12,970 0
DISCOUNT COMMUNICATIONS LTD 43 CONISCLIFFE ROAD, DARLINGTON, COUNTY DURHAM, DL3 7EH 06632985 2018-12-31 0 0

LIQUIDATION RISK (BETA)



This company is Active - Proposal to Strike off. 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 71.1% 73.9% 76.8% High
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% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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