Company Overview
2M Power Systems Limited is a Dissolved Private Limited Company.
Registered Address

C/O Interpath Limited, 5Th Floor, 130 St Vincent Street, Glasgow, G2 5HF
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Companies House Data
Company Name2M POWER SYSTEMS LIMITED
Company NumberSC083353
Registered Office AddressC/O Interpath Limited
 5th Floor, 130 St Vincent Street
 G2 5HF
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date02/06/1983
Accounting Reference Date Day31
Accounting Reference Date Month7
Accounts Next Due Date30/04/2019
Accounts Last Made Up Date31/07/2017
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date28/01/2017
Returns Last Made Up Date31/12/2015
Directors & Members
Show Resigned
Nicholas Garrett - Director
(British, 65 years old, born October 1961)
Appointed 04 December 2013
 Active
Sharon Garrett - Director
(British, 63 years old, born September 1963)
Appointed 04 December 2013
 Active
Secretaries
Show Resigned
Other Company Directorships
Nicholas Garrett
2M ABERDEEN LIMITED
ABERDEEN FISH PRODUCERS' ORGANISATION, LIMITED
BANFFSHIRE FISHSELLING COMPANY LIMITED
BRIDGE (SCOTLAND) LTD.
BRIDGE INDUSTRIAL SUPPLIES LIMITED
DEVENICK INVESTMENTS LIMITED
DON FISHING COMPANY (FRASERBURGH) LIMITED (THE)
DON FISHING COMPANY (PETERHEAD) LTD. (THE)
FISHING VESSEL AGENTS & OWNERS ASSOCIATION (SCOTLAND) LIMITED
FW 123 LIMITED
GRANITE CITY ICE LIMITED
HARCUS FISHING COMPANY LIMITED
J W FISHING VESSEL MANAGEMENT LIMITED
JOHN S.DUNCAN LIMITED
KINLOCHBERVIE FISHSELLING COMPANY LIMITED
METRO LODGE LIMITED
RENTKEEP LIMITED
S.F.F. SERVICES LIMITED
SANTA CLARA VILLA RENTALS LLP
THE DON FISHING COMPANY (TRAWLING) LIMITED
THE DON FISHING COMPANY, LIMITED
TSLINGS LIMITED
VALVETEC SERVICES LIMITED
Sharon Garrett
2M ABERDEEN LIMITED
FW 123 LIMITED
METRO LODGE LIMITED
SANTA CLARA VILLA RENTALS LLP
VALVETEC SERVICES LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Jul-2017 31-Jul-2016 31-Jul-2015
Balance Sheet
Fixed Assets 10,979 6,892 9,742
Current Assets 1,651,235 1,588,154 1,527,000
Creditors Due Within One Year 408,843 187,503 135,699
Working Cap 1,242,392 1,400,651 1,391,301
Total Assets Less Current Liabilities 1,253,371 1,407,543 1,401,043
Long-term Liabilities 852 852 951
Net Assets 1,252,519 1,406,691 1,400,092
Share Capital & Reserves
Share Cap 100 100 100
Profit & Loss Reserves 1,252,419 1,406,591 1,399,992
Other Reserves 0 0 0
Shareholders Funds 1,252,519 1,406,691 1,400,092
Common Size Financial Analysis Unlock full report
Accounts Date 31-Jul-2017 31-Jul-2016 31-Jul-2015
Tangible Fixed Assets - - -
Fixed Assets 0.7% 0.4% 0.6%
Stocks Inventory 5.3% 2.8% 3.7%
Debtors 14.0% 4.9% 93.7%
Cash Bank In Hand 0.0% 0.0% 2.0%
Current Assets 99.3% 99.6% 99.4%
Creditors Due Within One Year 24.6% 11.8% 8.8%
Net Current Assets Liabilities 74.7% 87.8% 90.5%
Creditors Due After One Year 0.1% 0.1% 0.1%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 75.4% 88.2% 91.1%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve 75.3% 88.2% 91.1%
Shareholder Funds 75.4% 88.2% 91.1%
Capital Employed - - -
Total Assets Less Current Liabilities 75.4% 88.2% 91.2%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Jul-2017 31-Jul-2016 31-Jul-2015
Liquidity Ratio 4.0 8.5 11.3
Solvency Ratio 4.1 8.5 11.2
Reserves to Assets 0.8 0.9 0.9
Secured Creditors Unlock full report
Mortgages Charges 4
Mortgages Outstanding 3
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 31-Jul-2017 31-Jul-2016 31-Jul-2015
Assets 1,662,214 1,595,046 1,536,742
Debt 409,695 188,355 136,650
Net Assets/Debt 1,252,519 1,406,691 1,400,092
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
Registered office address changed from 319 st Vincent Street Glasgow G2 5AS to C/O Interpath Limited 5th Floor, 130 st Vincent Street Glasgow G2 5HF on 4 February 2022
Registered office address changed from Kpmg Llp 1 Marischal Square Broad Street Aberdeen AB10 1DD to 319 st Vincent Street Glasgow G2 5AS on 17 May 2021
Registered office address changed from Kpmg Llp 37 Albyn Place Aberdeen AB10 1JB to Kpmg Llp 1 Marischal Square Broad Street Aberdeen AB10 1DD on 7 July 2020
Registered office address changed from C/O Kpmg Llp 37 Albyn Place Aberdeen AB10 1JB to Kpmg Llp 37 Albyn Place Aberdeen AB10 1JB on 7 November 2018
Registered office address changed from Unit 6 Howemoss Drive Kirkhill Industrial Estate Dyce Aberdeen Grampian AB21 0GL Scotland to C/O Kpmg Llp 37 Albyn Place Aberdeen AB10 1JB on 2 November 2018
Court order notice of winding up
Notice of winding up order
Registration of charge SC0833530004, created on 26 February 2018
Registration of charge SC0833530003, created on 26 February 2018
Confirmation statement made on 31 December 2017 with updates
Registration of charge SC0833530002, created on 28 June 2017
Satisfaction of charge SC0833530001 in full
Registered office address changed from 86 Desswood Place Aberdeen AB15 4DQ to Unit 6 Howemoss Drive Kirkhill Industrial Estate Dyce Aberdeen Grampian AB21 0GL on 19 June 2017
Confirmation statement made on 31 December 2016 with updates
Annual return made up to 31 December 2015 with full list of shareholders
Registered office address changed from Unit 14 Robert Leonard Centre Howemoss Drive Kirkhill Industrial Estate, Dyce Aberdeen AB21 0GG to 86 Desswood Place Aberdeen AB15 4DQ on 17 September 2015
Annual return made up to 31 December 2014 with full list of shareholders
Annual return made up to 31 December 2013 with full list of shareholders
Registration of charge 0833530001
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