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786 (SCOTLAND) LTD
237 MAIN STREET, BELLSHILL, LANARKSHIRE, ML4 1AJCompany 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-2024Accounts 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 |
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** |
---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|
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 - 1 | 1 (50.0%) |
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 |