Company Overview
Lateral Line Creative Services Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 29 April 1994, so this is a well established company. Lateral Line Creative Services Limited has been in business for 31 years and 11 months. The accounts status is micro entity and the accounts are next due on Tuesday 30 April 2024.
Registered Address

29 Goosedubbs Lane, Glasgow, G1 5HT
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 NameLATERAL LINE CREATIVE SERVICES LIMITED
Company NumberSC150574
Registered Office Address29 Goosedubbs Lane
 Glasgow
 G1 5HT
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date29/04/1994
Accounting Reference Date Day30
Accounting Reference Date Month4
Accounts Next Due Date30/04/2024
Accounts Last Made Up Date30/04/2022
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date27/05/2017
Returns Last Made Up Date29/04/2016
Directors & Members
Show Resigned
George McDonald - Director
(British, 66 years old, born August 1960)
Appointed 29 April 1994
 Active
Secretaries
Show Resigned
Other Company Directorships
George McDonald
BLACK BULLET MEDIA LIMITED
COLOURPRINT CENTRAL LIMITED
LATERAL LINE PRINT & DESIGN LIMITED
NORTH STAR CAFE LIMITED
POINTS PERFECT HR SOLUTIONS LTD.
Balance Sheet Unlock full report
Accounts Date 30-Apr-2022 30-Apr-2021 30-Apr-2020
Balance Sheet
Fixed Assets 671 1,731 3,198
Current Assets 5,007 21,761 118,682
Creditors Due Within One Year 52,069 29,037 27,473
Working Cap -47,062 -7,276 91,209
Total Assets Less Current Liabilities -46,391 -5,545 94,407
Long-term Liabilities 12,667 17,000 888
Net Assets -59,058 -22,545 93,519
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -59,058 -22,545 93,519
Common Size Financial Analysis Unlock full report
Accounts Date 30-Apr-2022 30-Apr-2021 30-Apr-2020
Tangible Fixed Assets - - -
Fixed Assets 11.8% 7.4% 2.6%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 88.2% 92.6% 97.4%
Creditors Due Within One Year 917.0% 123.6% 22.5%
Net Current Assets Liabilities -828.8% -31.0% 74.8%
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 -1040.1% -96.0% 76.7%
Capital Employed - - -
Total Assets Less Current Liabilities -817.0% -23.6% 77.5%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Apr-2022 30-Apr-2021 30-Apr-2020
Liquidity Ratio 0.1 0.7 4.3
Solvency Ratio 0.1 0.5 4.3
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 30-Apr-2022 30-Apr-2021 30-Apr-2020
Assets 5,678 23,492 121,880
Debt 64,736 46,037 28,361
Net Assets/Debt -59,058 -22,545 93,519
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 has some deficiency. The balance sheet net assets figure is negative. 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.

Unlock 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 has some deficiency. The balance sheet net assets figure is negative. 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.   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 has some deficiency. The balance sheet net assets figure is negative. 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.

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 G1 5HT
BLACK BULLET MEDIA LIMITED
29 Goosedubbs Lane, Glasgow, G1 5HT
NORTH STAR CAFE LIMITED
27 Goosedubbs, Glasgow, G1 5HT
COLOURPRINT CENTRAL LIMITED
29 Goosedubbs Lane, Glasgow, G1 5HT
Document Filings
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Termination of appointment of Scott Martin Mcdonald as a director on 18 November 2024
Compulsory strike-off action has been discontinued
Confirmation statement made on 29 April 2024 with no updates
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Director's details changed for Mr Scott Martin Mcdonald on 8 May 2024
Director's details changed for Mr George Mcdonald on 1 May 2024
Change of details for Mr George Mcdonald as a person with significant control on 1 May 2024
Confirmation statement made on 29 April 2023 with no updates
Confirmation statement made on 29 April 2022 with no updates
Appointment of Mr Scott Martin Mcdonald as a director on 1 August 2021
Termination of appointment of Gordon Campbell Clarkson as a secretary on 31 July 2021
Confirmation statement made on 29 April 2021 with no updates
Confirmation statement made on 29 April 2020 with no updates
Confirmation statement made on 29 April 2019 with no updates
Confirmation statement made on 29 April 2018 with no updates
Confirmation statement made on 29 April 2017 with updates
Terms and Conditions Cancellations Contact Us

In using this service you agree to the Terms and Conditions

© 2026 Check Free