Company Overview
Howco Group Plc is listed at the official companies registry as Active Public Limited Company. The company was incorporated on Monday 23 August 1982, so this is a well established company. Howco Group Plc has been in business for 43 years and 7 months. The accounts status is full and the accounts are next due on Wednesday 31 December 2025.
Registered Address

Fountain House 2Nd Floor, 1-3 Woodside Crescent, Glasgow, G3 7UL
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Companies House Data
Company NameHOWCO GROUP PLC
Company NumberSC079844
Registered Office AddressFountain House 2nd Floor
 1-3 Woodside Crescent
 G3 7UL
Company CategoryPublic Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date23/08/1982
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2025
Accounts Last Made Up Date30/03/2024
Accounts Account CategoryFULL
Returns Next Due Date28/04/2017
Returns Last Made Up Date31/03/2016
Directors & Members
Show Resigned
Kenneth Ness - Director
(British, 57 years old, born January 1969)
Appointed 31 May 2006
Active
David Preston - Director
(British, 59 years old, born October 1967)
Appointed 01 October 2018
Active
Secretaries
Show Resigned
Kenneth Ness - Secretary
Appointed 28 May 2010
Active
Balance Sheet Unlock full report
Accounts Date 30-Mar-2024 01-Apr-2017 01-Apr-2016
Balance Sheet
Fixed Assets 30,597,000 30,597,000 32,408,000
Current Assets 115,160,000 115,160,000 110,108,000
Creditors Due Within One Year 28,317,000 28,317,000 22,987,000
Working Cap 86,843,000 86,843,000 87,121,000
Total Assets Less Current Liabilities 117,440,000 117,440,000 119,529,000
Long-term Liabilities 231,000 231,000 345,000
Net Assets 117,209,000 117,209,000 119,184,000
Share Capital & Reserves
Share Cap 100,000 100,000 100,000
Profit & Loss Reserves 112,504,000 112,504,000 114,479,000
Other Reserves 4,605,000 4,605,000 4,605,000
Shareholders Funds 117,209,000 117,209,000 119,184,000
Common Size Financial Analysis Unlock full report
Accounts Date 30-Mar-2024 01-Apr-2017 01-Apr-2016
Tangible Fixed Assets - - -
Fixed Assets 21.0% 21.0% 22.7%
Stocks Inventory 25.2% 25.2% 29.9%
Debtors 11.8% 11.8% 11.8%
Cash Bank In Hand 0.0% 0.0% 0.0%
Current Assets 79.0% 79.0% 77.3%
Creditors Due Within One Year 19.4% 19.4% 16.1%
Net Current Assets Liabilities 59.6% 59.6% 61.1%
Creditors Due After One Year 0.2% 0.2% 0.2%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 80.4% 80.4% 83.6%
Called Up Share Capital 0.1% 0.1% 0.1%
Share Capital Allotted Called Up Paid 0.1% 0.1% 0.1%
Profit Loss Account Reserve 77.2% 77.2% 80.3%
Shareholder Funds 80.4% 80.4% 83.6%
Capital Employed - - -
Total Assets Less Current Liabilities 80.6% 80.6% 83.9%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Mar-2024 01-Apr-2017 01-Apr-2016
Liquidity Ratio 4.1 4.1 4.8
Solvency Ratio 5.1 5.1 6.1
Reserves to Assets 0.8 0.8 0.8
Secured Creditors Unlock full report
Mortgages Charges 12
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 12
Assets and Debt Analysis Unlock full report
Accounts Date 30-Mar-2024 01-Apr-2017 01-Apr-2016
Assets 145,757,000 145,757,000 142,516,000
Debt 28,548,000 28,548,000 23,332,000
Net Assets/Debt 117,209,000 117,209,000 119,184,000

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 indicates the substantial net assets of a large company. 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.

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 indicates the substantial net assets of a large company. 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 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 indicates the substantial net assets of a large company. 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.

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
Termination of appointment of John Mcdonald Ferguson as a director on 15 September 2025
Change of details for Eryngium Limited as a person with significant control on 16 August 2023
Change of details for Eryngium Limited as a person with significant control on 15 August 2023
Confirmation statement made on 31 March 2025 with no updates
Confirmation statement made on 31 March 2024 with no updates
Notification of Eryngium Limited as a person with significant control on 15 August 2023
Cessation of Sumitomo Corporation as a person with significant control on 15 August 2023
Confirmation statement made on 31 March 2023 with no updates
Confirmation statement made on 31 March 2022 with no updates
Termination of appointment of David Alexander Davidson as a director on 31 December 2021
Confirmation statement made on 31 March 2021 with no updates
Director's details changed for Kenneth Mackenzie Ness on 22 April 2021
Confirmation statement made on 31 March 2020 with no updates
Termination of appointment of Hajime Ito as a director on 30 March 2019
Termination of appointment of Kentaro Hori as a director on 30 March 2019
Termination of appointment of Yukihito Honda as a director on 30 March 2019
Termination of appointment of Daniel O'leary as a director on 30 March 2019
Termination of appointment of Shinjiro Takemasu as a director on 30 March 2019

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