Company Overview
MacAde Handling Systems Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 20 March 1992, so this is a well established company. MacAde Handling Systems Limited has been in business for 34 years. The accounts status is total exemption full and the accounts are next due on Thursday 31 December 2026.
Registered Address

18 Melford Road, Righead Industrial Estate, Bellshill, ML4 3LR
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Companies House Data
Company NameMACADE HANDLING SYSTEMS LIMITED
Company NumberSC137255
Registered Office Address18 Melford Road
 Righead Industrial Estate
 ML4 3LR
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date20/03/1992
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2026
Accounts Last Made Up Date31/03/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date17/04/2017
Returns Last Made Up Date20/03/2016
Directors & Members
Show Resigned
Michael Balfour - Director
(British, 61 years old, born June 1965)
Appointed 01 November 2016
 Active
Catherine Balfour - Director
(British, 60 years old, born February 1966)
Appointed 30 June 2017
 Active
Jamie Balfour - Director
(British, 30 years old, born August 1996)
Appointed 29 January 2024
 Active
Secretaries
Show Resigned
Other Company Directorships
Michael Balfour
BALFOUR ATTACHMENTS LIMITED
P.T. WEMYSS LIMITED
Catherine Balfour
BALFOUR ATTACHMENTS LIMITED
P.T. WEMYSS LIMITED
Jamie Balfour
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2021 31-Mar-2020
Balance Sheet
Fixed Assets 116,524 116,524 150,740
Current Assets 1,126,368 1,126,368 1,004,549
Creditors Due Within One Year 461,607 461,607 326,684
Working Cap 664,761 664,761 677,865
Total Assets Less Current Liabilities 781,285 781,285 828,605
Long-term Liabilities 22,061 22,061 25,626
Net Assets 759,224 759,224 802,979
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 759,224 759,224 802,979
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2021 31-Mar-2020
Tangible Fixed Assets - - -
Fixed Assets 9.4% 9.4% 13.0%
Stocks Inventory - - -
Debtors 34.5% 34.5% 25.3%
Cash Bank In Hand 52.8% 52.8% 58.0%
Current Assets 90.6% 90.6% 87.0%
Creditors Due Within One Year 37.1% 37.1% 28.3%
Net Current Assets Liabilities 53.5% 53.5% 58.7%
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 61.1% 61.1% 69.5%
Capital Employed - - -
Total Assets Less Current Liabilities 62.9% 62.9% 71.7%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2021 31-Mar-2020
Liquidity Ratio 2.4 2.4 3.1
Solvency Ratio 2.6 2.6 3.3
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2021 31-Mar-2020
Assets 1,242,892 1,242,892 1,155,289
Debt 483,668 483,668 352,310
Net Assets/Debt 759,224 759,224 802,979

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. 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. 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. 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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THERMSAVER HOLDINGS LTD
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THERMSAVER MANAGEMENT SOLUTIONS LTD
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Document Filings
Confirmation statement made on 20 March 2026 with no updates
Confirmation statement made on 20 March 2025 with no updates
Confirmation statement made on 20 March 2024 with no updates
Appointment of Mr Jamie Michael Balfour as a director on 29 January 2024
Confirmation statement made on 20 March 2023 with no updates
Notification of Balfour Attachments Limited as a person with significant control on 31 March 2018
Cessation of P.T. Wemyss Limited as a person with significant control on 31 March 2018
Notification of P.T. Wemyss Limited as a person with significant control on 6 April 2016
Cessation of Michael Balfour as a person with significant control on 1 November 2016
Confirmation statement made on 20 March 2022 with no updates
Confirmation statement made on 20 March 2021 with updates
Confirmation statement made on 20 March 2020 with updates
Confirmation statement made on 20 March 2019 with updates
Satisfaction of charge SC1372550002 in full
Director's details changed for Mrs Catherine Balfour on 30 July 2018
Change of details for Mr Michael Balfour as a person with significant control on 30 July 2018
Director's details changed for Mr Michael Balfour on 30 July 2018
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