Company Overview
Gmc Corsehill Ltd. is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 26 January 1990, so this is a well established company. Gmc Corsehill Ltd. has been in business for 36 years and 2 months. The accounts status is total exemption full and the accounts are next due on Monday 30 November 2026.
Registered Address

2 Ailsa Road, Kyle Estate, Irvine, KA12 8NG
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Companies House Data
Company NameGMC CORSEHILL LTD.
Company NumberSC122617
Registered Office Address2 Ailsa Road
 Kyle Estate
 KA12 8NG
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date26/01/1990
Accounting Reference Date Day28
Accounting Reference Date Month2
Accounts Next Due Date30/11/2026
Accounts Last Made Up Date28/02/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date22/02/2017
Returns Last Made Up Date25/01/2016
Directors & Members
Show Resigned
Michelle Mather - Director
(British, 59 years old, born November 1967)
Appointed 30 August 2002
 Active
Secretaries
Show Resigned
Other Company Directorships
Michelle Mather
ANNEFIELD SUPPLIES LIMITED
AYRSHIRE BUILDING CONSTRUCTION LTD.
CORSEHILL PACKAGING LIMITED
T.R. BONNYMAN, SON & COMPANY LIMITED
Balance Sheet Unlock full report
Accounts Date 28-Feb-2025 28-Feb-2023 28-Feb-2022
Balance Sheet
Fixed Assets 367,396 367,396 338,862
Current Assets 2,240,731 2,240,731 2,135,274
Creditors Due Within One Year 693,518 693,518 544,255
Working Cap 1,547,213 1,547,213 1,591,019
Total Assets Less Current Liabilities 1,914,609 1,914,609 1,929,881
Long-term Liabilities 57,751 57,751 135,220
Net Assets 1,856,858 1,856,858 1,794,661
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 1,856,858 1,856,858 1,794,661
Common Size Financial Analysis Unlock full report
Accounts Date 28-Feb-2025 28-Feb-2023 28-Feb-2022
Tangible Fixed Assets - - -
Fixed Assets 14.1% 14.1% 13.7%
Stocks Inventory - - -
Debtors 29.3% 29.3% 29.5%
Cash Bank In Hand 43.3% 43.3% 43.4%
Current Assets 85.9% 85.9% 86.3%
Creditors Due Within One Year 26.6% 26.6% 22.0%
Net Current Assets Liabilities 59.3% 59.3% 64.3%
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 71.2% 71.2% 72.5%
Capital Employed - - -
Total Assets Less Current Liabilities 73.4% 73.4% 78.0%
Financial Ratio Analysis Unlock full report
Accounts Date 28-Feb-2025 28-Feb-2023 28-Feb-2022
Liquidity Ratio 3.2 3.2 3.9
Solvency Ratio 3.5 3.5 3.6
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 4
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 4
Assets and Debt Analysis Unlock full report
Accounts Date 28-Feb-2025 28-Feb-2023 28-Feb-2022
Assets 2,608,127 2,608,127 2,474,136
Debt 751,269 751,269 679,475
Net Assets/Debt 1,856,858 1,856,858 1,794,661

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 appeared positive. We would normally view a company positively for this. 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 appeared positive. We would normally view a company positively for this. 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 appeared positive. We would normally view a company positively for this. 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
Other Business around KA12 8NG
No other companies found in the same location
Document Filings
Confirmation statement made on 25 January 2026 with updates
Notification of Annefield Supplies Limited as a person with significant control on 29 January 2021
Termination of appointment of Stephen George Allam as a director on 30 April 2025
Director's details changed for Stephen George Allam on 11 April 2025
Confirmation statement made on 25 January 2025 with no updates
Confirmation statement made on 25 January 2024 with no updates
Satisfaction of charge SC1226170005 in full
Satisfaction of charge 4 in full
Confirmation statement made on 25 January 2023 with no updates
Confirmation statement made on 25 January 2022 with updates
Registered office address changed from 21 Forbes Place Paisley PA1 1UT Scotland to 2 Ailsa Road Kyle Estate Irvine KA12 8NG on 11 March 2021
Confirmation statement made on 25 January 2021 with no updates
Confirmation statement made on 25 January 2020 with no updates
Registered office address changed from Lochfield House 135 Neilston Road Paisley Renfrewshire PA2 6QL to 21 Forbes Place Paisley PA1 1UT on 3 June 2019
Termination of appointment of Evelyn Mary Allam as a secretary on 5 April 2014
Confirmation statement made on 25 January 2019 with no updates
Registration of charge SC1226170005, created on 15 February 2018
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