Company Overview
Principal Building Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Sunday 21 September 2003, so this is a well established company. Principal Building Ltd has been in business for 22 years and 6 months. The accounts status is micro entity and the accounts are next due on Tuesday 31 December 2024.
Registered Address

65 High Street, Irvine, KA12 0AL
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 NamePRINCIPAL BUILDING LTD
Company NumberSC256359
Registered Office Address65 High Street
 KA12 0AL
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date21/09/2003
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date31/12/2024
Accounts Last Made Up Date31/12/2022
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date19/10/2016
Returns Last Made Up Date21/09/2015
Previous Company NameChanged Date
GDC DESIGN LIMITED04 Dec 2023
Directors & Members
Show Resigned
Calum Melville - Director
(Scottish, 57 years old, born January 1969)
Appointed 02 November 2022
 Active
Secretaries
Show Resigned
Other Company Directorships
Calum Melville
CROWN DOORS AND SHUTTERS LIMITED
EDISON CAPITAL LTD
EDISON COMMERCIAL PROPERTY LTD
EDISON GROUP LTD
Balance Sheet Unlock full report
Accounts Date 31-Dec-2022 31-Dec-2021 31-Dec-2020
Balance Sheet
Fixed Assets 0 38 88
Current Assets 316,717 244,952 258,567
Creditors Due Within One Year 139,079 121,273 123,127
Working Cap 177,638 123,679 135,440
Total Assets Less Current Liabilities 177,638 123,717 135,528
Long-term Liabilities 3,823 136 2,316
Net Assets 173,815 123,581 133,212
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 173,815 123,581 133,212
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2022 31-Dec-2021 31-Dec-2020
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 0.0%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 100.0% 100.0% 100.0%
Creditors Due Within One Year 43.9% 49.5% 47.6%
Net Current Assets Liabilities 56.1% 50.5% 52.4%
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 54.9% 50.4% 51.5%
Capital Employed - - -
Total Assets Less Current Liabilities 56.1% 50.5% 52.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2022 31-Dec-2021 31-Dec-2020
Liquidity Ratio 2.3 2.0 2.1
Solvency Ratio 2.2 2.0 2.1
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2022 31-Dec-2021 31-Dec-2020
Assets 316,717 244,990 258,655
Debt 142,902 121,409 125,443
Net Assets/Debt 173,815 123,581 133,212
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 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  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 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.   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 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 KA12 0AL
SWOLEMATE CLOTHING LIMITED
79b High Street, Irvine, North Ayrshire, KA12 0AL
RUN DNC LOGISTICS LTD
79b High Street, Irvine, KA12 0AL
Document Filings
Registered office address changed from Oakfield House 378 Brandon Street Motherwell North Lanarkshire ML1 1XA to 2 Bothwell Street Glasgow G2 6LU on 18 June 2025
Registered office address changed from 65 High Street Irvine KA12 0AL Scotland to Oakfield House 378 Brandon Street Motherwell North Lanarkshire ML1 1XA on 31 March 2025
Termination of appointment of Neil Stewart Crombie as a director on 30 October 2024
Confirmation statement made on 15 June 2024 with no updates
Termination of appointment of Rob Anderson as a director on 29 May 2024
Satisfaction of charge 1 in full
Termination of appointment of Angela Mary Christie as a director on 1 May 2024
Termination of appointment of Graham Arthur Christie as a director on 1 May 2024
Registered office address changed from 33a Admiral Street Glasgow G41 1HP to 65 High Street Irvine KA12 0AL on 8 December 2023
Certificate of change of name
Appointment of Mr Neil Stewart Crombie as a director on 3 December 2023
Confirmation statement made on 15 June 2023 with updates
Confirmation statement made on 9 January 2023 with updates
Appointment of Mr Calum Gerrard Melville as a director on 2 November 2022
Appointment of Mr Rob Anderson as a director on 2 November 2022
Notification of Edison Alchemy Ltd as a person with significant control on 2 November 2022
Cessation of Graham Arthur Christie as a person with significant control on 2 November 2022
Confirmation statement made on 21 February 2022 with updates
Confirmation statement made on 21 September 2021 with no updates
Terms and Conditions Cancellations Contact Us

In using this service you agree to the Terms and Conditions

© 2026 Check Free