Company Overview
Tig Apparel Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 13 October 2015, so this is a well established company. Tig Apparel Ltd has been in business for 8 years and 5 months. The accounts status is total exemption full and the accounts are next due on Sunday 30 June 2019.
Registered Address

Suite 3.17 Universal Square Devonshire Street North, Manchester, M12 6JH
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Companies House Data
Company NameTIG APPAREL LTD
Company Number09822171
Registered Office AddressSuite 3.17 Universal Square Devonshire Street North
 M12 6JH
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date13/10/2015
Accounting Reference Date Day30
Accounting Reference Date Month9
Accounts Next Due Date30/06/2019
Accounts Last Made Up Date30/09/2017
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date10/11/2016
Directors & Members
Omar Ibrahim - Director
(British, 33 years old, born December 1991)
Company Director - Appointed 13 October 2015
Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Omar Ibrahim
No companies found
Balance Sheet Unlock full report
Accounts Date 30-Sep-2017 30-Sep-2016
Balance Sheet
Fixed Assets 0 0
Current Assets 33 0
Creditors Due Within One Year 12,057 10,425
Working Cap -12,024 -10,425
Total Assets Less Current Liabilities -12,024 -10,425
Long-term Liabilities 0 0
Net Assets -12,024 -10,425
Share Capital & Reserves
Share Cap - 100
Profit & Loss Reserves - -10,525
Other Reserves - 0
Shareholders Funds -12,024 -10,425
Common Size Financial Analysis Unlock full report
Accounts Date 30-Sep-2017 30-Sep-2016
Tangible Fixed Assets - -
Fixed Assets 0.0% -
Stocks Inventory - -
Debtors - -
Cash Bank In Hand 100.0% -
Current Assets 100.0% -
Creditors Due Within One Year 36536.4% ∞%
Net Current Assets Liabilities -36436.4% -∞%
Creditors Due After One Year - -
Accruals Deferred Income - -
Provisions For Liabilities Charges - -
Net Assets Liabilities Including Pension Asset Liability - -∞%
Called Up Share Capital - ∞%
Share Capital Allotted Called Up Paid - ∞%
Profit Loss Account Reserve - -∞%
Shareholder Funds -36436.4% -∞%
Capital Employed - -
Total Assets Less Current Liabilities -36436.4% -∞%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Sep-2017 30-Sep-2016
Liquidity Ratio 0.0 0.0
Solvency Ratio 0.0 0.0
Reserves to Assets - -∞
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 30-Sep-2017 30-Sep-2016
Assets 33 0
Debt 12,057 10,425
Net Assets/Debt -12,024 -10,425
Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. 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.

Unlock full report  Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. 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.   Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. 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.

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 via compulsory strike-off
First Gazette notice for compulsory strike-off
Registered office address changed from Suite 74 792 Wilmslow Road Manchester M20 6UG United Kingdom to Suite 3.17 Universal Square Devonshire Street North Manchester M12 6JH on 29 May 2018
Confirmation statement made on 12 October 2017 with no updates
Registered office address changed from 3 Elm Grove Didsbury Manchester M20 6PL England to Suite 74 792 Wilmslow Road Manchester M20 6UG on 11 July 2017
Confirmation statement made on 12 October 2016 with updates
Current accounting period shortened from 31 October 2016 to 30 September 2016
Incorporation

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