Company Overview
MacRae Foods Limited is a Dissolved Private Limited Company.
Registered Address

319 St. Vincent Street, Glasgow, G2 5AS
Credit Reports Available

These credit rating reports are available now:


Credit Analysts Report
Get Report >>

Standard Credit Report
Get Report >>

Basic Credit Report
Get Report >>

24/7 credit rating data feed - no UK company credit reports are updated faster

Companies House Data
Company NameMACRAE FOODS LIMITED
Company NumberSC141744
Registered Office Address319 St. Vincent Street
 G2 5AS
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date16/12/1992
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/03/2021
Accounts Last Made Up Date30/09/2018
Accounts Account CategoryDORMANT
Returns Next Due Date13/01/2017
Returns Last Made Up Date16/12/2015
Directors & Members
Show Resigned
Michael Kestemont - Director
(Belgian, 48 years old, born April 1978)
Appointed 04 July 2019
 Active
Secretaries
Show Resigned
Other Company Directorships
Michael Kestemont
ANCHOR SEAFOODS LIMITED
B MIDGLEY SEAFOODS LIMITED
BLUECREST FOODS LIMITED
ELEMENT UK HOLDCO LIMITED
ELEMENT UK MIDCO LIMITED
ELEMENT UK TOPCO LIMITED
ENGLISH SEAFOODS LIMITED
FRASERBURGH SMOKEHOUSE LIMITED
LIFE UK FINCO LIMITED
LIGHTHOUSE UKCO 5 (HOLDINGS) LIMITED
LIGHTHOUSE UKCO 6 (TREASURY) LIMITED
LIGHTHOUSE UKCO 7 LIMITED
MACRAE EDINBURGH LIMITED
MACRAE FRASERBURGH LIMITED
MBAA INVESTMENTS
OCEAN PURE LIMITED
PINNEYS OF SCOTLAND LIMITED
POLARFROST SEAFOODS LIMITED
SCOTTISH SEAFOODS LIMITED
SOFINA FOODS LIMITED
STIRCHLEY BACON CO. LIMITED
STIRCHLEY BACON HOLDINGS LIMITED
STRATHAIRD SALMON LIMITED
T S BLOOR & SONS LIMITED
T S BLOOR HOLDINGS LIMITED
THE CROMER CRAB COMPANY LIMITED
THE SEAFOOD COMPANY LIMITED
THE SPEY VALLEY SMOKEHOUSE LIMITED
YOUNG'S SEAFOOD INTERNATIONAL HOLDINGS LIMITED
YOUNG'S SEAFOOD LIMITED
Balance Sheet Unlock full report
Accounts Date 30-Sep-2018 30-Sep-2010 30-Sep-2009
Balance Sheet
Fixed Assets 11,194,000 11,194,000 10,082,000
Current Assets 27,378,000 27,378,000 29,911,000
Creditors Due Within One Year 24,569,000 24,569,000 29,578,000
Working Cap 2,809,000 2,809,000 333,000
Total Assets Less Current Liabilities 14,003,000 14,003,000 10,415,000
Long-term Liabilities 1,192,000 1,192,000 1,382,000
Net Assets 12,811,000 12,811,000 9,033,000
Share Capital & Reserves
Share Cap 100,000 100,000 100,000
Profit & Loss Reserves 12,699,000 12,699,000 8,921,000
Other Reserves 12,000 12,000 12,000
Shareholders Funds 12,811,000 12,811,000 9,033,000
Common Size Financial Analysis Unlock full report
Accounts Date 30-Sep-2018 30-Sep-2010 30-Sep-2009
Tangible Fixed Assets - - -
Fixed Assets 29.0% 29.0% 25.2%
Stocks Inventory 15.0% 15.0% 11.0%
Debtors 55.1% 55.1% 62.0%
Cash Bank In Hand 0.8% 0.8% 1.9%
Current Assets 71.0% 71.0% 74.8%
Creditors Due Within One Year 63.7% 63.7% 74.0%
Net Current Assets Liabilities 7.3% 7.3% 0.8%
Creditors Due After One Year 3.1% 3.1% 3.5%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 33.2% 33.2% 22.6%
Called Up Share Capital 0.3% 0.3% 0.3%
Share Capital Allotted Called Up Paid 0.3% 0.3% 0.3%
Profit Loss Account Reserve 32.9% 32.9% 22.3%
Shareholder Funds 33.2% 33.2% 22.6%
Capital Employed - - -
Total Assets Less Current Liabilities 36.3% 36.3% 26.0%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Sep-2018 30-Sep-2010 30-Sep-2009
Liquidity Ratio 1.1 1.1 1.0
Solvency Ratio 1.5 1.5 1.3
Reserves to Assets 0.3 0.3 0.2
Secured Creditors Unlock full report
Mortgages Charges 14
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 14
Assets and Debt Analysis Unlock full report
Accounts Date 30-Sep-2018 30-Sep-2010 30-Sep-2009
Assets 38,572,000 38,572,000 39,993,000
Debt 25,761,000 25,761,000 30,960,000
Net Assets/Debt 12,811,000 12,811,000 9,033,000
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 G2 5AS
52 HIGH STREET (HAWICK) (NO.1) LIMITED
319 St Vincent Street, Glasgow, G2 5AS
52 HIGH STREET (HAWICK) (NO.2) LIMITED
319 St Vincent Street, Glasgow, G2 5AS
NATION1 GLASGOW LIMITED
319 St Vincent Street, Glasgow, G2 5AS
50 HIGH STREET (HAWICK) (NO.1) LIMITED
319 St Vincent Street, Glasgow, G2 5AS
71/73 HIGH STREET (DUMBARTON) (NO.1) LIMITED
319 St Vincent Street, Glasgow, G2 5AS
71/73 HIGH STREET (DUMBARTON) (NO.2) LIMITED
319 St Vincent Street, Glasgow, G2 5AS
126/132 HIGH STREET (ELGIN) (NO.1) LIMITED
319 St Vincent Street, Glasgow, G2 5AS
157/159 HIGH STREET (ELGIN) (NO.1) LIMITED
319 St Vincent Street, Glasgow, G2 5AS
157/159 HIGH STREET (ELGIN) (NO.2) LIMITED
319 St Vincent Street, Glasgow, G2 5AS
126/132 HIGH STREET (ELGIN) (NO.2) LIMITED
319 St Vincent Street, Glasgow, G2 5AS
Document Filings
Final Gazette dissolved following liquidation
Registered office address changed from C/O Kpmg Llp Saltire Court 20 Castle Terrace Edinburgh EH1 2EG to 319 st. Vincent Street Glasgow G2 5AS on 14 May 2021
Registered office address changed from Watermill Road Fraserburgh Aberdeenshire AB43 9HA to C/O Kpmg Llp Saltire Court 20 Castle Terrace Edinburgh EH1 2EG on 17 July 2020
Resolutions
Statement of capital on 9 April 2020
Resolutions
Statement by Directors
Solvency Statement dated 18/03/20
Confirmation statement made on 16 December 2019 with no updates
Termination of appointment of Jenny Nancy Loncaster as a director on 25 September 2019
Termination of appointment of Timothy Mark Busby as a director on 12 September 2019
Current accounting period extended from 30 September 2019 to 31 March 2020
Appointment of Mr Michael Kamiel Jan Alfons Kestemont as a director on 4 July 2019
Termination of appointment of Wilkin Chapman Company Secretarial Services Limited as a secretary on 4 July 2019
Confirmation statement made on 16 December 2018 with no updates
Secretary's details changed for Wilkin Chapman Company Secretarial Service Ltd on 19 November 2018
Termination of appointment of Malcolm Herbert Lofts as a director on 31 December 2017
Appointment of Mr Timothy Mark Busby as a director on 31 December 2017
Termination of appointment of Malcolm Herbert Lofts as a director on 31 December 2017
Confirmation statement made on 16 December 2017 with no updates
Confirmation statement made on 16 December 2016 with updates
Terms and Conditions Cancellations Contact Us

In using this service you agree to the Terms and Conditions

© 2026 Check Free