Company Overview
Salon Grand Limited is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Tuesday 17 July 2018, so this is a well established company. Salon Grand Limited has been in business for 7 years and 8 months. The accounts status is total exemption full and the accounts are next due on Monday 31 July 2023.
Registered Address

Sterling Ford, Centurion Court, 83 Camp Road, St. Albans, Herts, AL1 5JN
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Companies House Data
Company NameSALON GRAND LIMITED
Company Number11467938
Registered Office AddressSterling Ford, Centurion Court
 83 Camp Road
 AL1 5JN
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date17/07/2018
Accounting Reference Date Day31
Accounting Reference Date Month10
Accounts Next Due Date31/07/2023
Accounts Last Made Up Date31/10/2021
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date14/08/2019
Directors & Members
Nicholas Taussig - Director
(British, 53 years old, born March 1973)
Appointed 17 July 2018
Active
Paul Van Carter - Director
(British, 50 years old, born November 1976)
Appointed 17 July 2018
Active
Secretaries
Nicholas Taussig - Secretary
Appointed 17 July 2018
Active
Balance Sheet Unlock full report
Accounts Date 31-Oct-2021 31-Oct-2020 31-Oct-2019
Balance Sheet
Fixed Assets 0 0 0
Current Assets 66,651 20,272 730,182
Creditors Due Within One Year 53,727 27,947 626,105
Working Cap 12,924 -7,675 104,077
Total Assets Less Current Liabilities 12,924 -7,675 104,077
Long-term Liabilities 41,294 0 0
Net Assets -28,370 -7,675 104,077
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -28,370 -7,675 104,077
Common Size Financial Analysis Unlock full report
Accounts Date 31-Oct-2021 31-Oct-2020 31-Oct-2019
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 0.0%
Stocks Inventory - - -
Debtors 60.9% 65.2% 17.5%
Cash Bank In Hand 39.1% 34.8% 1.4%
Current Assets 100.0% 100.0% 100.0%
Creditors Due Within One Year 80.6% 137.9% 85.7%
Net Current Assets Liabilities 19.4% -37.9% 14.3%
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 -42.6% -37.9% 14.3%
Capital Employed - - -
Total Assets Less Current Liabilities 19.4% -37.9% 14.3%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Oct-2021 31-Oct-2020 31-Oct-2019
Liquidity Ratio 1.2 0.7 1.2
Solvency Ratio 0.7 0.7 1.2
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Oct-2021 31-Oct-2020 31-Oct-2019
Assets 66,651 20,272 730,182
Debt 95,021 27,947 626,105
Net Assets/Debt -28,370 -7,675 104,077
The current section of the balance sheet has positive working capital. We would normally consider this positively. 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. Information provided by Companies House shows Liquidation.

Unlock full report  The current section of the balance sheet has positive working capital. We would normally consider this positively. 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. Information provided by Companies House shows Liquidation.  The current section of the balance sheet has positive working capital. We would normally consider this positively. 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. 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
Liquidators' statement of receipts and payments to 1 June 2025
Appointment of a voluntary liquidator
Removal of liquidator by court order
Liquidators' statement of receipts and payments to 1 June 2024
Registered office address changed from Regina House, 124 Finchley Road, London NW3 5JS United Kingdom to Sterling Ford, Centurion Court 83 Camp Road St. Albans Herts AL1 5JN on 15 June 2023
Statement of affairs
Appointment of a voluntary liquidator
Resolutions
Confirmation statement made on 27 October 2022 with updates
Compulsory strike-off action has been discontinued
Confirmation statement made on 16 July 2022 with no updates
First Gazette notice for compulsory strike-off
Confirmation statement made on 16 July 2021 with no updates
Confirmation statement made on 16 July 2020 with no updates
Previous accounting period extended from 31 July 2019 to 31 October 2019
Confirmation statement made on 16 July 2019 with no updates
Registration of charge 114679380001, created on 14 August 2018
Incorporation

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