Company Overview
The Scottish Coal Company Limited is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Friday 25 November 1994, so this is a well established company. The Scottish Coal Company Limited has been in business for 31 years and 4 months. The accounts status is full and the accounts are next due on Sunday 30 June 2013.
Registered Address

C/O Interpath Ltd, 5Th Floor 130 St Vincent Street, Glasgow, G2 5HF
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Companies House Data
Company NameTHE SCOTTISH COAL COMPANY LIMITED
Company NumberSC154655
Registered Office AddressC/O Interpath Ltd
 5th Floor 130 St Vincent Street
 G2 5HF
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date25/11/1994
Accounting Reference Date Day30
Accounting Reference Date Month9
Accounts Next Due Date30/06/2013
Accounts Last Made Up Date26/03/2011
Accounts Account CategoryFULL
Returns Next Due Date23/12/2013
Returns Last Made Up Date25/11/2012
Directors & Members
Show Resigned
Colin Cornes - Director
(British, 84 years old, born April 1942)
Appointed 23 August 2012
 Active
Secretaries
Show Resigned
Other Company Directorships
Colin Cornes
ALARM PROTECTION LIMITED
CORY ENVIRONMENTAL (CENTRAL HOLDINGS) LIMITED
CORY ENVIRONMENTAL TRADING LTD
ENOVERT NORTH LIMITED
EUROPEAN SCANNING CENTRE (HARLEY STREET) LIMITED
FALDANE LIMITED
HATHERTON MARINA LIMITED
ONYX LAND TECHNOLOGIES LIMITED
SCOTTISH RESOURCES GROUP LIMITED
VOGUE INCORPORATED
Balance Sheet Unlock full report
Accounts Date 24-Mar-2011 24-Mar-2010 24-Mar-2009
Balance Sheet
Fixed Assets 105,434,000 83,664,000 76,467,000
Current Assets 111,902,000 112,102,000 91,101,000
Creditors Due Within One Year 26,754,000 30,852,000 41,331,000
Working Cap 85,148,000 81,250,000 49,770,000
Total Assets Less Current Liabilities 190,582,000 164,914,000 126,237,000
Long-term Liabilities 110,214,000 88,701,000 67,523,000
Net Assets 80,368,000 76,213,000 58,714,000
Share Capital & Reserves
Share Cap 24,400,000 24,400,000 24,400,000
Profit & Loss Reserves 55,968,000 51,813,000 34,314,000
Other Reserves 0 0 0
Shareholders Funds 80,368,000 76,213,000 58,714,000
Common Size Financial Analysis Unlock full report
Accounts Date 24-Mar-2011 24-Mar-2010 24-Mar-2009
Tangible Fixed Assets - - -
Fixed Assets 48.5% 42.7% 45.6%
Stocks Inventory 1.5% 3.5% 1.8%
Debtors 48.0% 48.8% 52.6%
Cash Bank In Hand 1.9% 5.0% 0.0%
Current Assets 51.5% 57.3% 54.4%
Creditors Due Within One Year 12.3% 15.8% 24.7%
Net Current Assets Liabilities 39.2% 41.5% 29.7%
Creditors Due After One Year 18.2% 13.3% 6.9%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 37.0% 38.9% 35.0%
Called Up Share Capital 11.2% 12.5% 14.6%
Share Capital Allotted Called Up Paid 11.2% 12.5% 14.6%
Profit Loss Account Reserve 25.8% 26.5% 20.5%
Shareholder Funds 37.0% 38.9% 35.0%
Capital Employed - - -
Total Assets Less Current Liabilities 87.7% 84.2% 75.3%
Financial Ratio Analysis Unlock full report
Accounts Date 24-Mar-2011 24-Mar-2010 24-Mar-2009
Liquidity Ratio 4.2 3.6 2.2
Solvency Ratio 1.6 1.6 1.5
Reserves to Assets 0.3 0.3 0.2
Secured Creditors Unlock full report
Mortgages Charges 82
Mortgages Outstanding 6
Mortgages Part Satisfied 0
Mortgages Satisfied 76
Assets and Debt Analysis Unlock full report
Accounts Date 24-Mar-2011 24-Mar-2010 24-Mar-2009
Assets 217,336,000 195,766,000 167,568,000
Debt 136,968,000 119,553,000 108,854,000
Net Assets/Debt 80,368,000 76,213,000 58,714,000

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. The balance sheet indicates the net assets of a good sized company. 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 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.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. The balance sheet indicates the net assets of a good sized company. 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 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.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. The balance sheet indicates the net assets of a good sized company. 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 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 319 st Vincent Street Glasgow G2 5AS to C/O Interpath Ltd 5th Floor 130 st Vincent Street Glasgow G2 5HF on 1 February 2022
Registered office address changed from C/O Kpmg Llp 191 West George Street Glasgow Lanarkshire G2 2LJ to 319 st Vincent Street Glasgow G2 5AS on 25 October 2016
Termination of appointment of Peter Ferguson as a secretary
Termination of appointment of Roderick Mathers as a director
Termination of appointment of Andrew Foster as a director
Court order notice of winding up
Notice of winding up order
Registered office address changed from Castlebridge Business Park Gartlove Alloa Clackmannanshire FK10 3PZ on 7 May 2013
Termination of appointment of William Wishart as a director
Termination of appointment of Andrew Hodgson as a director
Appointment of a provisional liquidator
Appointment of Mr Andrew Howard Foster as a director
Annual return made up to 25 November 2012 with full list of shareholders
Previous accounting period extended from 31 March 2012 to 30 September 2012
Appointment of Mr Colin Cornes as a director
Termination of appointment of Andrew Foster as a director
Termination of appointment of Niall Crabb as a director
Annual return made up to 25 November 2011 with full list of shareholders
Termination of appointment of Donald Nicolson as a director
Annual return made up to 25 November 2010 with full list of shareholders
Appointment of Mr Roderick William Mathers as a director
Termination of appointment of Nicholas Guest as a director
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