Company Overview
Accordial Wall Systems Limited is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Friday 12 August 1988, so this is a well established company. Accordial Wall Systems Limited has been in business for 37 years and 7 months. The accounts status is small and the accounts are next due on Friday 30 September 2016.
Registered Address

1 Radian Court, Knowlhill, Milton Keynes, Buckinghamshire, MK5 8PJ
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Companies House Data
Company NameACCORDIAL WALL SYSTEMS LIMITED
Company Number02286532
Registered Office Address1 Radian Court
 Knowlhill
 MK5 8PJ
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date12/08/1988
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2016
Accounts Last Made Up Date31/12/2014
Accounts Account CategorySMALL
Returns Next Due Date28/09/2016
Returns Last Made Up Date31/08/2015
Previous Company NameChanged Date
ALCO WALL SYSTEMS LIMITED16 Jan 2013
ALCO BELDAN LIMITED21 Dec 2010
Directors & Members
Show Resigned
Nicholas James - Director
(British, 52 years old, born March 1974)
Appointed 03 August 2016
Active
Stephen James - Director
(British, 76 years old, born October 1950)

David Landy - Director
(British, 79 years old, born August 1947)
Appointed 01 July 1999
Active
Secretaries
Show Resigned
Balance Sheet Unlock full report
Accounts Date 31-Dec-2014 31-Dec-2013 31-Dec-2012
Balance Sheet
Fixed Assets 962,036 852,161 987,837
Current Assets 2,353,992 2,217,962 1,471,172
Creditors Due Within One Year 1,358,819 1,392,046 744,118
Working Cap 995,173 825,916 727,054
Total Assets Less Current Liabilities 1,957,209 1,678,077 1,714,891
Long-term Liabilities 796,591 554,518 640,845
Net Assets 1,160,618 1,123,559 1,074,046
Share Capital & Reserves
Share Cap 7,000 7,000 7,000
Profit & Loss Reserves 1,150,618 1,113,559 1,064,046
Other Reserves 3,000 3,000 3,000
Shareholders Funds 1,160,618 1,123,559 1,074,046
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2014 31-Dec-2013 31-Dec-2012
Tangible Fixed Assets - - -
Fixed Assets 29.0% 27.8% 40.2%
Stocks Inventory 3.2% 3.0% 3.6%
Debtors 67.8% 68.9% 56.2%
Cash Bank In Hand 0.0% 0.4% 0.1%
Current Assets 71.0% 72.2% 59.8%
Creditors Due Within One Year 41.0% 45.3% 30.3%
Net Current Assets Liabilities 30.0% 26.9% 29.6%
Creditors Due After One Year 24.0% 18.1% 26.1%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 35.0% 36.6% 43.7%
Called Up Share Capital 0.2% 0.2% 0.3%
Share Capital Allotted Called Up Paid 0.2% 0.2% 0.3%
Profit Loss Account Reserve 34.7% 36.3% 43.3%
Shareholder Funds 35.0% 36.6% 43.7%
Capital Employed - - -
Total Assets Less Current Liabilities 59.0% 54.7% 69.7%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2014 31-Dec-2013 31-Dec-2012
Liquidity Ratio 1.7 1.6 2.0
Solvency Ratio 1.5 1.6 1.8
Reserves to Assets 0.3 0.4 0.4
Secured Creditors Unlock full report
Mortgages Charges 5
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 4
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2014 31-Dec-2013 31-Dec-2012
Assets 3,316,028 3,070,123 2,459,009
Debt 2,155,410 1,946,564 1,384,963
Net Assets/Debt 1,160,618 1,123,559 1,074,046
The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

Unlock full report  The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.  The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Final Gazette dissolved following liquidation
Return of final meeting in a creditors' voluntary winding up
Liquidators' statement of receipts and payments to 13 August 2024
Liquidators' statement of receipts and payments to 13 August 2023
Certificate of removal of voluntary liquidator
Registered office address changed from 93 Tabernacle Street London EC2A 4BA to 1 Radian Court Knowlhill Milton Keynes Buckinghamshire MK5 8PJ on 30 April 2024
Appointment of a voluntary liquidator
Registered office address changed from Unit 1 First Floor Brook Business Centre Cowley Mill Road Uxbridge UB8 2FX to 93 Tabernacle Street London EC2A 4BA on 23 November 2022
Liquidators' statement of receipts and payments to 13 August 2022
Resignation of a liquidator
Liquidators' statement of receipts and payments to 13 August 2021
Liquidators' statement of receipts and payments to 13 August 2020
Liquidators' statement of receipts and payments to 13 August 2019
Liquidators' statement of receipts and payments to 13 August 2018
Registered office address changed from St. Martins House the Runway South Ruislip Middlesex HA4 6SE to Unit 1 First Floor Brook Business Centre Cowley Mill Road Uxbridge UB8 2FX on 22 January 2018
Appointment of a voluntary liquidator
Notice of move from Administration case to Creditors Voluntary Liquidation
Administrator's progress report
Statement of administrator's proposal
Registered office address changed from 35 Watford Metro Centre Tolpits Lane Watford Hertfordshire WD18 9XN to St. Martins House the Runway South Ruislip Middlesex HA4 6SE on 20 December 2016
Appointment of an administrator
Termination of appointment of Neil Martin Jolley as a director on 1 September 2016
Confirmation statement made on 31 August 2016 with updates
Appointment of Mr Nicholas James as a director on 3 August 2016
Termination of appointment of Alistair Jackson as a director on 26 August 2016

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