LOCHWINNOCH MILLENNIUM EVENTS GROUP Credit Check Report

Company Overview

Lochwinnoch Millennium Events Group is a Dissolved Private Limited Company By Guarantee Without Share Capital, Use Of 'Limited' Exemption.

Registered Address

Lochwinnoch Library & Museum The Old School, High Street, Lochwinnoch, Renfrewshire, PA12 6AB

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Companies House Data

Company Name	LOCHWINNOCH MILLENNIUM EVENTS GROUP
Company Number	SC228833
Registered Office Address	Lochwinnoch Library & Museum The Old School
	High Street
	PA12 6AB
Company Category	Private Limited Company By Guarantee Without Share Capital, Use Of 'Limited' Exemption
Company Status	Dissolved
Country of Origin	United Kingdom
Incorporation Date	06/03/2002
Accounting Reference Date Day	31
Accounting Reference Date Month	3
Accounts Next Due Date	31/12/2019
Accounts Last Made Up Date	31/03/2018
Returns Next Due Date	21/10/2016
Returns Last Made Up Date	23/09/2015

Directors & Members

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	David Arthur - Director (British, 68 years old, born December 1958) Appointed 06 April 2005, Resigned 09 October 2014	Resigned
	Stephanie Barrows - Director (British, 47 years old, born June 1979) Appointed 28 May 2010, Resigned 10 July 2012	Resigned
	Katherine Bird - Director (British, 71 years old, born December 1955) Appointed 06 March 2002, Resigned 05 August 2005	Resigned
	Duncan Bremner - Director (British, 67 years old, born January 1959) Appointed 06 April 2005, Resigned 01 January 2013	Resigned
	Barbara Brown - Director (British, 61 years old, born April 1965) Appointed 06 March 2002, Resigned 19 August 2005	Resigned
	Carol Gemmell - Director (British, 59 years old, born March 1967) Appointed 06 March 2002, Resigned 18 May 2010	Resigned
	Christine Gibson - Director (British, 71 years old, born May 1955) Appointed 30 September 2016	Active
	Katherine Kenmuir - Director (British, 60 years old, born April 1966) Appointed 01 May 2005, Resigned 31 August 2006	Resigned
	Richard Knox - Director (British, 63 years old, born November 1963) Appointed 06 April 2005, Resigned 22 April 2009	Resigned
	Martin Mansell - Director (British, 80 years old, born December 1946) Appointed 10 July 2012, Resigned 21 September 2014	Resigned
	David McCusker - Director (British, 65 years old, born July 1961) Appointed 11 September 2007, Resigned 26 March 2014	Resigned
	Jane Owens - Director (British, 78 years old, born March 1948) Appointed 30 September 2016	Active
	Susan Richardson - Director (British, 80 years old, born December 1946) Appointed 11 September 2007, Resigned 21 September 2014	Resigned
	Pamela Runciman - Director (British, 52 years old, born March 1974) Appointed 08 September 2014, Resigned 07 March 2017	Resigned
	Graeme Skelton - Director (British, 53 years old, born March 1973) Appointed 11 September 2007, Resigned 08 March 2017	Resigned
	Sabita Stewart - Director (British, 60 years old, born August 1966) Appointed 06 March 2002, Resigned 31 August 2006	Resigned
	Sue Whitfield - Director (British, 70 years old, born May 1956) Appointed 06 March 2002, Resigned 07 March 2005	Resigned
	Jean Wilson - Director (British, 49 years old, born May 1977) Appointed 19 March 2014, Resigned 08 March 2017	Resigned
	Laura Wishart - Director (British, 48 years old, born September 1978) Appointed 24 October 2012, Resigned 08 March 2017	Resigned
	First Scottish International Services Limited - Nominee Director Appointed 06 March 2002, Resigned 06 March 2002	Resigned

Secretaries

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	David Arthur - Secretary Appointed 16 April 2013, Resigned 09 October 2014	Resigned
	Duncan Bremner - Secretary (British) Appointed 01 March 2007, Resigned 01 January 2013	Resigned
	Sabita Stewart - Secretary (British) Appointed 06 March 2002, Resigned 31 August 2006	Resigned

Other Company Directorships

Christine Gibson
No companies found

Jane Owens
LCBG

Balance Sheet

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Accounts Date	31-Mar-2018	31-Mar-2017	31-Mar-2016
Balance Sheet
Fixed Assets	0	0	0
Current Assets	620	74	2,561
Creditors Due Within One Year	610	-545	0
Working Cap	10	619	2,561
Total Assets Less Current Liabilities	10	619	2,561
Long-term Liabilities	0	1,090	0
Net Assets	10	619	2,561
Share Capital & Reserves
Share Cap	-	-	-
Profit & Loss Reserves	-	-	-
Other Reserves	-	-	-
Shareholders Funds	10	619	2,561

Common Size Financial Analysis

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Accounts Date	31-Mar-2018	31-Mar-2017	31-Mar-2016
Tangible Fixed Assets	-	-	-
Fixed Assets	0.0%	0.0%	0.0%
Stocks Inventory	-	-	-
Debtors	-	-	-
Cash Bank In Hand	-	836.5%	100.0%
Current Assets	100.0%	100.0%	100.0%
Creditors Due Within One Year	98.4%	-736.5%	0.0%
Net Current Assets Liabilities	1.6%	836.5%	100.0%
Creditors Due After One Year	-	-	-
Accruals Deferred Income	-	-	-
Provisions For Liabilities Charges	-	-	-
Net Assets Liabilities Including Pension Asset Liability	-	836.5%	100.0%
Called Up Share Capital	-	-	-
Share Capital Allotted Called Up Paid	-	-	-
Profit Loss Account Reserve	-	-	-
Shareholder Funds	1.6%	836.5%	100.0%
Capital Employed	-	-	-
Total Assets Less Current Liabilities	1.6%	836.5%	100.0%

Financial Ratio Analysis

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Accounts Date	31-Mar-2018	31-Mar-2017	31-Mar-2016
Liquidity Ratio	1.0	-0.1	2561.0
Solvency Ratio	1.0	0.1	∞
Reserves to Assets	-	-	-

Secured Creditors

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Mortgages Charges	0
Mortgages Outstanding	0
Mortgages Part Satisfied	0
Mortgages Satisfied	0

Assets and Debt Analysis

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Accounts Date	31-Mar-2018	31-Mar-2017	31-Mar-2016
Assets	620	74	2,561
Debt	610	545	0
Net Assets/Debt	10	619	2,561

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Public Record Information

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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

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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

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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

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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

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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)

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

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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

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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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