Company Overview
Flats In The City Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 15 June 2004, so this is a well established company. Flats In The City Limited has been in business for 21 years and 9 months. The accounts status is total exemption full and the accounts are next due on Tuesday 31 March 2026.
Registered Address

24 Rosebery Street, Aberdeen, Aberdeenshire, AB15 5LL
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Companies House Data
Company NameFLATS IN THE CITY LIMITED
Company NumberSC269346
Registered Office Address24 Rosebery Street
 Aberdeen
 AB15 5LL
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date15/06/2004
Accounting Reference Date Day30
Accounting Reference Date Month6
Accounts Next Due Date31/03/2026
Accounts Last Made Up Date30/06/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date13/07/2017
Returns Last Made Up Date15/06/2016
Directors & Members
Show Resigned
Clare Lai - Director
(British, 73 years old, born March 1953)
Appointed 19 February 2021
 Active
Stephanie Lai - Director
(British, 40 years old, born August 1986)
Appointed 19 February 2021
 Active
Stephen Lai - Director
(British, 77 years old, born July 1949)
Appointed 15 June 2004
 Active
Secretaries
Show Resigned
Other Company Directorships
Clare Lai
ABERDEEN I.T. (MANAGEMENT CONSULTANTS) LIMITED
ADVOCACY SERVICE ABERDEEN (A.S.A.)
Stephanie Lai
No companies found
Stephen Lai
ABERDEEN I.T. (MANAGEMENT CONSULTANTS) LIMITED
ULTRA OFFICE LIMITED
VISFLOW LIMITED
Balance Sheet Unlock full report
Accounts Date 30-Jun-2024 30-Jun-2021 30-Jun-2020
Balance Sheet
Fixed Assets 747,931 747,931 752,336
Current Assets 10,844 10,844 18,909
Creditors Due Within One Year 208,759 208,759 237,182
Working Cap -197,915 -197,915 -218,273
Total Assets Less Current Liabilities 550,016 550,016 534,063
Long-term Liabilities 14,747 14,747 15,405
Net Assets 535,269 535,269 518,658
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 535,269 535,269 518,658
Common Size Financial Analysis Unlock full report
Accounts Date 30-Jun-2024 30-Jun-2021 30-Jun-2020
Tangible Fixed Assets - - -
Fixed Assets 98.6% 98.6% 97.5%
Stocks Inventory - - -
Debtors 0.3% 0.3% 0.1%
Cash Bank In Hand 1.2% 1.2% 2.3%
Current Assets 1.4% 1.4% 2.5%
Creditors Due Within One Year 27.5% 27.5% 30.8%
Net Current Assets Liabilities -26.1% -26.1% -28.3%
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 70.5% 70.5% 67.2%
Capital Employed - - -
Total Assets Less Current Liabilities 72.5% 72.5% 69.2%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Jun-2024 30-Jun-2021 30-Jun-2020
Liquidity Ratio 0.1 0.1 0.1
Solvency Ratio 3.4 3.4 3.1
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 5
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 5
Assets and Debt Analysis Unlock full report
Accounts Date 30-Jun-2024 30-Jun-2021 30-Jun-2020
Assets 758,775 758,775 771,245
Debt 223,506 223,506 252,587
Net Assets/Debt 535,269 535,269 518,658

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.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. 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 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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. 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 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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. 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 AB15 5LL
MCLEAN DESIGNS LIMITED
28 Rosebery Street, Aberdeen, AB15 5LL
C & C ABERDEEN LIMITED
38 Rosebery Street, Aberdeen, AB15 5LL
DANIEL MP LTD
46 ROSEBERY STREET, ABERDEEN, AB15 5LL
STOCKET HSC LTD
6 Rosebery Street, Aberdeen, Aberdeenshire, AB15 5LL
Document Filings
Confirmation statement made on 11 June 2025 with no updates
Confirmation statement made on 11 June 2024 with no updates
Confirmation statement made on 15 June 2023 with no updates
Confirmation statement made on 15 June 2022 with updates
Director's details changed for Dr Stephanie Anne Lai on 10 January 2022
Confirmation statement made on 15 June 2021 with no updates
Notification of Clare Teresa Lai as a person with significant control on 30 June 2021
Cessation of Clare Teresa Lai as a person with significant control on 30 June 2021
Appointment of Dr Stephanie Anne Lai as a director on 19 February 2021
Appointment of Mrs Clare Teresa Lai as a director on 19 February 2021
Confirmation statement made on 12 February 2021 with updates
Confirmation statement made on 17 December 2020 with updates
Satisfaction of charge 2 in full
Satisfaction of charge 3 in full
Satisfaction of charge 4 in full
Satisfaction of charge 1 in full
Satisfaction of charge 5 in full
Confirmation statement made on 15 June 2020 with no updates
Confirmation statement made on 15 June 2019 with no updates
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