Company Overview
Direct Laundry Limited is a Dissolved Private Limited Company.
Registered Address

4 North Guildry Street, Elgin, Morayshire, IV30 1JR
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Companies House Data
Company NameDIRECT LAUNDRY LIMITED
Company NumberSC278867
Registered Office Address4 North Guildry Street
 IV30 1JR
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date25/01/2005
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2018
Accounts Last Made Up Date31/03/2017
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date22/02/2017
Returns Last Made Up Date25/01/2016
Previous Company NameChanged Date
LEDGE 845 LIMITED14 Feb 2005
Directors & Members
Show Resigned
Morgan Harrison - Director
(British, 47 years old, born November 1979)
Appointed 14 February 2005
 Active
Secretaries
Show Resigned
Dallas Harrison - Secretary
(British)
Appointed 01 January 2006
 Active
Other Company Directorships
Morgan Harrison
HARRISONS HOME IMPROVEMENTS LIMITED
HOMETRADE (NORTH EAST) LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2017 31-Mar-2016 31-Mar-2015
Balance Sheet
Fixed Assets 44,261 26,986 35,985
Current Assets 18,176 31,598 19,211
Creditors Due Within One Year 20,607 22,038 26,380
Working Cap -2,431 9,560 -7,169
Total Assets Less Current Liabilities 41,830 36,546 28,816
Long-term Liabilities 41,820 3,565 4,962
Net Assets 10 32,981 23,854
Share Capital & Reserves
Share Cap - 10 10
Profit & Loss Reserves - 32,971 23,844
Other Reserves - 0 0
Shareholders Funds 10 32,981 23,854
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2017 31-Mar-2016 31-Mar-2015
Tangible Fixed Assets - 46.1% 65.2%
Fixed Assets 70.9% 46.1% 65.2%
Stocks Inventory - 8.5% 9.1%
Debtors 19.1% 22.4% 20.3%
Cash Bank In Hand 3.6% 23.0% 5.4%
Current Assets 29.1% 53.9% 34.8%
Creditors Due Within One Year 33.0% 37.6% 47.8%
Net Current Assets Liabilities -3.9% 16.3% -13.0%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - 6.1% 9.0%
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - 0.0% 0.0%
Share Capital Allotted Called Up Paid - 0.0% 0.0%
Profit Loss Account Reserve - 56.3% 43.2%
Shareholder Funds 0.0% 56.3% 43.2%
Capital Employed - - -
Total Assets Less Current Liabilities 67.0% 62.4% 52.2%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2017 31-Mar-2016 31-Mar-2015
Liquidity Ratio 0.9 1.4 0.7
Solvency Ratio 1.0 2.3 1.8
Reserves to Assets - 0.6 0.4
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2017 31-Mar-2016 31-Mar-2015
Assets 62,437 58,584 55,196
Debt 62,427 25,603 31,342
Net Assets/Debt 10 32,981 23,854
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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Document Filings
Final Gazette dissolved via voluntary strike-off
Voluntary strike-off action has been suspended
First Gazette notice for voluntary strike-off
Application to strike the company off the register
Termination of appointment of Damon Harrison as a director on 1 April 2018
Confirmation statement made on 28 August 2017 with updates
Cessation of Dallas Harrison as a person with significant control on 25 August 2017
Confirmation statement made on 25 January 2017 with updates
Annual return made up to 25 January 2016 with full list of shareholders
Annual return made up to 25 January 2015 with full list of shareholders
Annual return made up to 25 January 2014 with full list of shareholders
Registered office address changed from Assets 35 Moray Street Elgin Moray IV30 1JH on 23 July 2013
Annual return made up to 25 January 2013 with full list of shareholders
Appointment of Mr Damon Harrison as a director
Annual return made up to 25 January 2012 with full list of shareholders
Annual return made up to 25 January 2011 with full list of shareholders
Director's details changed for Morgan Richard Harrison on 1 March 2010
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