Company Overview
Internet Creation Ltd. is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 14 August 2002, so this is a well established company. Internet Creation Ltd. has been in business for 23 years and 7 months. The accounts status is micro entity and the accounts are next due on Wednesday 30 September 2026.
Registered Address

7 Wallace Drive, Crossgates, Cowdenbeath, Fife, KY4 8DJ
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Companies House Data
Company NameINTERNET CREATION LTD.
Company NumberSC235322
Registered Office Address7 Wallace Drive
 Crossgates
 KY4 8DJ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date14/08/2002
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date11/09/2016
Returns Last Made Up Date14/08/2015
Directors & Members
Show Resigned
Ian Paltiel - Director
(British, 56 years old, born December 1970)
Appointed 02 September 2008
 Active
Michael Sutherland - Director
(British, 59 years old, born July 1967)
Appointed 14 August 2002
 Active
Secretaries
Show Resigned
Ian Paltiel - Secretary
(British)
Appointed 02 September 2008
 Active
Other Company Directorships
Ian Paltiel
A 2 Z PROFESSIONAL LTD.
FIRST STEPS ENERGY (SCOTLAND) LTD
GOLF CLUB TRADER LTD
SCRAN HUB LTD.
TEXTTAKEAWAY.COM LIMITED
TRANSACT EXPENSES LTD
Michael Sutherland
FIFE EMPLOYMENT ACCESS TRUST
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Balance Sheet
Fixed Assets 2,456 2,456 2,721
Current Assets 195,392 195,392 190,016
Creditors Due Within One Year 78,007 78,007 88,148
Working Cap 117,385 117,385 101,868
Total Assets Less Current Liabilities 119,841 119,841 104,589
Long-term Liabilities 118,841 118,841 103,589
Net Assets 1,000 1,000 1,000
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 1,000 1,000 1,000
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Tangible Fixed Assets - - -
Fixed Assets 1.2% 1.2% 1.4%
Stocks Inventory - - -
Debtors 30.1% 30.1% 33.0%
Cash Bank In Hand 66.6% 66.6% 63.5%
Current Assets 98.8% 98.8% 98.6%
Creditors Due Within One Year 39.4% 39.4% 45.7%
Net Current Assets Liabilities 59.3% 59.3% 52.9%
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 0.5% 0.5% 0.5%
Capital Employed - - -
Total Assets Less Current Liabilities 60.6% 60.6% 54.3%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Liquidity Ratio 2.5 2.5 2.2
Solvency Ratio 1.0 1.0 1.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Assets 197,848 197,848 192,737
Debt 196,848 196,848 191,737
Net Assets/Debt 1,000 1,000 1,000

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 has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations.

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 has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations.   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 has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations.

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 KY4 8DJ
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CLOUD K9 PET SERVICES LIMITED
20 Burns Street, Crossgates, Cowdenbeath, Fife, KY4 8DJ
Document Filings
Registered office address changed from 7 Wallace Drive Crossgates Cowdenbeath Fife KY4 8DJ Scotland to Ground and First Floor Cluny Court, John Smith Business Park Chapelton Drive Kirkcaldy KY2 6QJ on 13 August 2025
Confirmation statement made on 4 July 2025 with no updates
Registered office address changed from Office 16 Cromarty Campus Rosyth Dunfermline Fife KY11 2YB Scotland to 7 Wallace Drive Crossgates Cowdenbeath Fife KY4 8DJ on 29 October 2024
Confirmation statement made on 4 July 2024 with updates
Change of details for Mr Ian Kuno Paltiel as a person with significant control on 14 August 2016
Secretary's details changed for Mr Ian Kuno Paltiel on 28 June 2024
Director's details changed for Mr Michael Sutherland on 28 June 2024
Director's details changed for Mr Ian Kuno Paltiel on 28 June 2024
Notification of Michael Sutherland as a person with significant control on 14 August 2016
Registered office address changed from Scotia House 5 Dickson Street Dunfermline KY12 7SL Scotland to Office 16 Cromarty Campus Rosyth Dunfermline Fife KY11 2YB on 22 March 2024
Confirmation statement made on 4 July 2023 with no updates
Amended total exemption full accounts made up to 31 December 2021
Confirmation statement made on 4 July 2022 with no updates
Registered office address changed from 71 Elgin Street Dunfermline KY12 7SA Scotland to Scotia House 5 Dickson Street Dunfermline KY12 7SL on 21 January 2022
Confirmation statement made on 9 August 2021 with no updates
Confirmation statement made on 14 August 2020 with no updates
Confirmation statement made on 14 August 2019 with no updates
Registered office address changed from 24 Fairykirk Road Rosyth Dunfermline Fife KY11 2QQ Scotland to 71 Elgin Street Dunfermline KY12 7SA on 1 August 2019
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