Company Overview
Prime Staff Services Limited is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Monday 11 October 1993, so this is a well established company. Prime Staff Services Limited has been in business for 32 years and 6 months. The accounts status is small and the accounts are next due on Friday 30 April 2021.
Registered Address

4Th Floor, 58 Waterloo Street, Glasgow, G2 7DA
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Companies House Data
Company NamePRIME STAFF SERVICES LIMITED
Company NumberSC146863
Registered Office Address4th Floor, 58 Waterloo Street
 G2 7DA
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date11/10/1993
Accounting Reference Date Day30
Accounting Reference Date Month4
Accounts Next Due Date30/04/2021
Accounts Last Made Up Date30/04/2019
Accounts Account CategorySMALL
Returns Next Due Date08/11/2016
Returns Last Made Up Date11/10/2015
Directors & Members
Show Resigned
Michael Docherty - Director
(British, 52 years old, born December 1974)
Appointed 01 January 2016
 Active
Antonio Vezza - Director
(Scottish, 42 years old, born September 1984)
Appointed 02 July 2015
 Active
Secretaries
Show Resigned
Other Company Directorships
Michael Docherty
BLACK AND BLACK RECRUITMENT LIMITED
CITY PAY SERVICES LTD
DENARI BUSINESS SERVICES LTD
KAIZEN CONTRACTS LTD
PRIME COMMERCIAL STAFF LIMITED
PRIME STAFF CONSTRUCTION LIMITED
PRIME STAFF GROUP LTD
PRIME STAFF NORTH WEST LTD
PRIME STAFF SOLUTIONS LTD
RAI SERVICES LTD
Antonio Vezza
BLACK AND BLACK RECRUITMENT LIMITED
KAIZEN CONTRACTS LTD
MONETAS BUSINESS SUPPORT LTD
PRIME STAFF GROUP LTD
TTNY CONSULTANCY LTD
Balance Sheet Unlock full report
Accounts Date 30-Apr-2019 30-Apr-2013 30-Apr-2012
Balance Sheet
Fixed Assets 628,836 628,836 367,084
Current Assets 1,610,272 1,610,272 1,709,191
Creditors Due Within One Year 2,034,768 2,034,768 1,927,087
Working Cap -424,496 -424,496 -217,896
Total Assets Less Current Liabilities 204,340 204,340 149,188
Long-term Liabilities 23,246 23,246 0
Net Assets 181,094 181,094 149,188
Share Capital & Reserves
Share Cap 1,000 1,000 1,000
Profit & Loss Reserves 180,094 180,094 148,188
Other Reserves 0 0 0
Shareholders Funds 181,094 181,094 149,188
Common Size Financial Analysis Unlock full report
Accounts Date 30-Apr-2019 30-Apr-2013 30-Apr-2012
Tangible Fixed Assets - - -
Fixed Assets 28.1% 28.1% 17.7%
Stocks Inventory 0.0% 0.0% 0.0%
Debtors 71.1% 71.1% 81.3%
Cash Bank In Hand 0.8% 0.8% 1.0%
Current Assets 71.9% 71.9% 82.3%
Creditors Due Within One Year 90.9% 90.9% 92.8%
Net Current Assets Liabilities -19.0% -19.0% -10.5%
Creditors Due After One Year 1.0% 1.0% 0.0%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 8.1% 8.1% 7.2%
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 8.0% 8.0% 7.1%
Shareholder Funds 8.1% 8.1% 7.2%
Capital Employed - - -
Total Assets Less Current Liabilities 9.1% 9.1% 7.2%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Apr-2019 30-Apr-2013 30-Apr-2012
Liquidity Ratio 0.8 0.8 0.9
Solvency Ratio 1.1 1.1 1.1
Reserves to Assets 0.1 0.1 0.1
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 30-Apr-2019 30-Apr-2013 30-Apr-2012
Assets 2,239,108 2,239,108 2,076,275
Debt 2,058,014 2,058,014 1,927,087
Net Assets/Debt 181,094 181,094 149,188

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.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. 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 as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. 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 as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.  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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. 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 as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

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
Final Gazette dissolved following liquidation
Registered office address changed from 4th Floor, 58 Waterloo Street Glasgow G2 7DA to C/O Clyde Offices 48 West George Street Glasgow G2 1BP on 14 October 2025
Administrator's progress report
Administrator's progress report
Satisfaction of charge 1 in full
Administrator's progress report
Notice of extension of period of Administration
Administrator's progress report
Registered office address changed from 21 Blythswood Square Glasgow G2 4BL Scotland to 4th Floor, 58 Waterloo Street Glasgow G2 7DA on 16 September 2020
Appointment of an administrator
Confirmation statement made on 10 October 2019 with no updates
Director's details changed for Mr Antonio Marco Vezza on 1 October 2016
Director's details changed for Mr Michael Docherty on 15 March 2019
Confirmation statement made on 10 October 2018 with updates
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