Company Overview
Scots Independent (Newspapers) Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 07 June 1957, so this is a well established company. Scots Independent (Newspapers) Limited has been in business for 68 years and 10 months. The accounts status is total exemption full and the accounts are next due on Tuesday 31 March 2026.
Registered Address

23 King Edward Terrace, Portknockie, Buckie, Moray, AB56 4NX
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Companies House Data
Company NameSCOTS INDEPENDENT (NEWSPAPERS) LIMITED
Company NumberSC032356
Registered Office Address23 King Edward Terrace
 Portknockie
 AB56 4NX
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date07/06/1957
Accounting Reference Date Day30
Accounting Reference Date Month6
Accounts Next Due Date31/03/2026
Accounts Last Made Up Date30/06/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date30/12/2016
Returns Last Made Up Date02/12/2015
Directors & Members
Show Resigned
Lesley Backhouse - Director
(Scottish, 61 years old, born March 1965)
Appointed 09 April 2017
 Active
Gavin Halliday - Director
(British, 62 years old, born April 1964)
Appointed 30 April 2023
 Active
Margaret Hamilton - Director
(British, 66 years old, born July 1960)
Appointed 04 July 2021
 Active
Ian Hamilton - Director
(Scottish, 73 years old, born February 1953)
Appointed 02 October 2013
 Active
David McCann - Director
(British, 91 years old, born September 1935)
Appointed 04 July 2021
 Active
Lorraine Reid - Director
(Scottish, 55 years old, born May 1971)
Appointed 22 May 2016
 Active
Grant Thoms - Director
(British, 61 years old, born February 1965)
Appointed 04 July 2021
 Active
Secretaries
Show Resigned
Other Company Directorships
Lesley Backhouse
CITIZENS ADVICE AND RIGHTS FIFE LIMITED
FIFE CULTURAL TRUST
FIFE GOLF TRUST
Gavin Halliday
No companies found
Margaret Hamilton
No companies found
Ian Hamilton
No companies found
David McCann
No companies found
Lorraine Reid
No companies found
Grant Thoms
STF LIMITED
THE PLACE STORE LIMITED
Balance Sheet Unlock full report
Accounts Date 30-Jun-2024 30-Jun-2022 30-Jun-2021
Balance Sheet
Fixed Assets 823 823 1,889
Current Assets 65,355 65,355 58,527
Creditors Due Within One Year 1,298 1,298 1,557
Working Cap 64,057 64,057 56,970
Total Assets Less Current Liabilities 64,880 64,880 58,859
Long-term Liabilities 62,880 62,880 56,859
Net Assets 2,000 2,000 2,000
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 2,000 2,000 2,000
Common Size Financial Analysis Unlock full report
Accounts Date 30-Jun-2024 30-Jun-2022 30-Jun-2021
Tangible Fixed Assets - - -
Fixed Assets 1.2% 1.2% 3.1%
Stocks Inventory - - -
Debtors 2.4% 2.4% 3.3%
Cash Bank In Hand 96.4% 96.4% 93.6%
Current Assets 98.8% 98.8% 96.9%
Creditors Due Within One Year 2.0% 2.0% 2.6%
Net Current Assets Liabilities 96.8% 96.8% 94.3%
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 3.0% 3.0% 3.3%
Capital Employed - - -
Total Assets Less Current Liabilities 98.0% 98.0% 97.4%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Jun-2024 30-Jun-2022 30-Jun-2021
Liquidity Ratio 50.4 50.4 37.6
Solvency Ratio 1.0 1.0 1.0
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-Jun-2024 30-Jun-2022 30-Jun-2021
Assets 66,178 66,178 60,416
Debt 64,178 64,178 58,416
Net Assets/Debt 2,000 2,000 2,000

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our 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 has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over 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.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our 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 has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over 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.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our 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 has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over 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.

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
Other Business around AB56 4NX
ADAM MARINE SERVICES LTD
14 KING EDWARD TERRACE, PORTKNOCKIE, BUCKIE, MORAY, AB56 4NX
Document Filings
Confirmation statement made on 2 December 2025 with updates
Confirmation statement made on 2 December 2024 with updates
Confirmation statement made on 2 December 2023 with updates
Appointment of Mr Gavin Halliday as a director on 30 April 2023
Termination of appointment of Thomas Denholm Christie as a director on 21 November 2022
Confirmation statement made on 2 December 2022 with no updates
Registered office address changed from 23 King Edward Terrace King Edward Terrace Portknockie Buckie Moray AB56 4NX Scotland to 23 King Edward Terrace Portknockie Buckie Moray AB56 4NX on 12 December 2022
Confirmation statement made on 2 December 2021 with updates
Director's details changed for Margaret Hamilton on 2 December 2021
Director's details changed for Mr Grant Robert Thoms on 2 December 2021
Director's details changed for Mr David James Mccann on 2 December 2021
Director's details changed for Margaret Hamilton on 2 December 2021
Director's details changed for Councillor Lesley Rankin Backhouse on 2 December 2021
Director's details changed for Ms Lesley Rankin Blackhouse on 25 November 2021
Termination of appointment of James Lynch as a director on 29 June 2021
Appointment of Mr David James Mccann as a director on 4 July 2021
Appointment of Margaret Hamilton as a director on 4 July 2021
Appointment of Mr Grant Robert Thoms as a director on 4 July 2021
Confirmation statement made on 2 December 2020 with updates
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