Company Overview
Guitar Guitar Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 09 April 2003, so this is a well established company. Guitar Guitar Limited has been in business for 23 years. The accounts status is full and the accounts are next due on Saturday 28 February 2026.
Registered Address

Guitar Guitar Limited, West Avenue, Paisley, PA1 2FB
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Companies House Data
Company NameGUITAR GUITAR LIMITED
Company NumberSC247523
Registered Office AddressGuitar Guitar Limited
 West Avenue
 PA1 2FB
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date09/04/2003
Accounting Reference Date Day31
Accounting Reference Date Month5
Accounts Next Due Date28/02/2027
Accounts Last Made Up Date31/05/2025
Accounts Account CategoryFULL
Returns Next Due Date05/05/2017
Returns Last Made Up Date07/04/2016
Directors & Members
Show Resigned
Graham Bell - Director
(British, 67 years old, born October 1959)
Appointed 01 April 2009
 Active
Sean Condie - Director
(British, 54 years old, born October 1972)
Appointed 22 August 2005
 Active
Andrew Henderson - Director
(British, 43 years old, born November 1983)
Appointed 05 January 2016
 Active
Christopher McBay - Director
(Scottish, 75 years old, born September 1951)
Appointed 11 April 2003
 Active
Mark McKenzie - Director
(British, 42 years old, born April 1984)
Appointed 01 June 2009
 Active
Steven Mills - Director
(British, 49 years old, born June 1977)
Appointed 13 September 2011
 Active
Robert Simpson - Director
(British, 39 years old, born January 1987)
Appointed 06 May 2022
 Active
Adam Speck - Director
(British, 42 years old, born May 1984)
Appointed 06 May 2022
 Active
Rowan Spicer - Director
(New Zealander, 47 years old, born January 1979)
Appointed 06 May 2022
 Active
Secretaries
Show Resigned
Graham Bell - Secretary
(British)
Appointed 22 July 2003
 Active
Other Company Directorships
Graham Bell
NORDOFF-ROBBINS MUSIC THERAPY IN SCOTLAND
SOUND CONTROL, MODERN MUSIC STORES LIMITED
STONEYBRAE PROPERTIES LIMITED
Sean Condie
No companies found
Andrew Henderson
No companies found
Christopher McBay
DUNFERMLINE ATHLETIC FOOTBALL CLUB LIMITED
FIFE ELITE FOOTBALL ACADEMY LIMITED
FIRE STATION CREATIVE LIMITED
FIRE STATION CREATIVE TRADING LIMITED
GAP DISTRIBUTION LIMITED
PARS UNITED COMMUNITY INTEREST COMPANY
SOUND CONTROL, MODERN MUSIC STORES LIMITED
STONEYBRAE PROPERTIES LIMITED
Mark McKenzie
No companies found
Steven Mills
No companies found
Robert Simpson
No companies found
Adam Speck
No companies found
Rowan Spicer
No companies found
Balance Sheet Unlock full report
Accounts Date 31-May-2025 31-May-2017 31-May-2016
Balance Sheet
Fixed Assets 1,324,751 1,324,751 785,069
Current Assets 7,612,294 7,612,294 7,588,144
Creditors Due Within One Year 3,421,229 3,421,229 3,310,604
Working Cap 4,191,065 4,191,065 4,277,540
Total Assets Less Current Liabilities 5,515,816 5,515,816 5,062,609
Long-term Liabilities 126,592 126,592 108,744
Net Assets 5,389,224 5,389,224 4,953,865
Share Capital & Reserves
Share Cap 100 100 100
Profit & Loss Reserves 5,389,124 5,389,124 4,953,765
Other Reserves 0 0 0
Shareholders Funds 5,389,224 5,389,224 4,953,865
Common Size Financial Analysis Unlock full report
Accounts Date 31-May-2025 31-May-2017 31-May-2016
Tangible Fixed Assets - - -
Fixed Assets 14.8% 14.8% 9.4%
Stocks Inventory 81.5% 81.5% 71.3%
Debtors 0.5% 0.5% 0.4%
Cash Bank In Hand 1.9% 1.9% 17.7%
Current Assets 85.2% 85.2% 90.6%
Creditors Due Within One Year 38.3% 38.3% 39.5%
Net Current Assets Liabilities 46.9% 46.9% 51.1%
Creditors Due After One Year 1.4% 1.4% 1.3%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 60.3% 60.3% 59.2%
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 60.3% 60.3% 59.2%
Shareholder Funds 60.3% 60.3% 59.2%
Capital Employed - - -
Total Assets Less Current Liabilities 61.7% 61.7% 60.5%
Financial Ratio Analysis Unlock full report
Accounts Date 31-May-2025 31-May-2017 31-May-2016
Liquidity Ratio 2.2 2.2 2.3
Solvency Ratio 2.5 2.5 2.4
Reserves to Assets 0.6 0.6 0.6
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-May-2025 31-May-2017 31-May-2016
Assets 8,937,045 8,937,045 8,373,213
Debt 3,547,821 3,547,821 3,419,348
Net Assets/Debt 5,389,224 5,389,224 4,953,865

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. 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.

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. 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 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. 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.

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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DIRECT PARKING LIMITED
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AIRPORT PARK AND RIDE LIMITED
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MURRAY ASSOCIATES ACCOUNTANTS LIMITED
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Document Filings
Confirmation statement made on 30 March 2026 with no updates
Confirmation statement made on 30 March 2025 with no updates
Confirmation statement made on 30 March 2024 with no updates
Termination of appointment of Stephen Gray as a director on 31 January 2024
Confirmation statement made on 30 March 2023 with no updates
Termination of appointment of Helen Clark as a director on 28 February 2023
Appointment of Rowan Spicer as a director on 6 May 2022
Appointment of Adam Speck as a director on 6 May 2022
Appointment of Robert Simpson as a director on 6 May 2022
Confirmation statement made on 30 March 2022 with updates
Memorandum and Articles of Association
Resolutions
Notification of Guitar Guitar Eot Trustees Limited as a person with significant control on 28 January 2022
Cessation of Graham Bell as a person with significant control on 28 January 2022
Cessation of Christopher Mcbay as a person with significant control on 28 January 2022
Registered office address changed from 36 Trongate Glasgow G1 5ES to Guitar Guitar Limited West Avenue Paisley PA1 2FB on 31 January 2022
Confirmation statement made on 7 April 2021 with no updates
Termination of appointment of Jonathan Robert Frost as a director on 13 May 2020
Confirmation statement made on 7 April 2020 with no updates
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