Company Overview
North East Corrosion Engineers Limited is a Dissolved Private Limited Company.
Registered Address

H2 Claymore Avenue Aberdeen Energy Park, Bridge Of Don, Aberdeen, AB23 8GW
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Companies House Data
Company NameNORTH EAST CORROSION ENGINEERS LIMITED
Company NumberSC291714
Registered Office AddressH2 Claymore Avenue Aberdeen Energy Park
 Bridge Of Don
 AB23 8GW
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date14/10/2005
Accounting Reference Date Day31
Accounting Reference Date Month5
Accounts Next Due Date29/02/2020
Accounts Last Made Up Date31/05/2019
Accounts Account CategorySMALL
Returns Next Due Date11/11/2016
Returns Last Made Up Date14/10/2015
Previous Company NameChanged Date
LEDGE 894 LIMITED23 Nov 2005
Directors & Members
Show Resigned
Alan McQuade - Director
(British, 45 years old, born January 1981)
Appointed 23 January 2019
 Active
William Rennie - Director
(British, 60 years old, born October 1966)
Appointed 09 December 2019
 Active
Alan Taylor - Director
(British, 49 years old, born August 1977)
Appointed 08 December 2016
 Active
Secretaries
Show Resigned
Other Company Directorships
Alan McQuade
ASSURED INTEGRITY SERVICES LIMITED
CHEMICAL INJECTION UTILITIES LIMITED
ICR (INVESTMENT 1) LIMITED
ICR (INVESTMENT 2) LIMITED
ICR INTEGRITY (GROUP) LIMITED
ICR INTEGRITY (HOLDINGS) LIMITED
ICR INTEGRITY LIMITED
MOSS MECHANICAL ON SITE SERVICES LIMITED
OMNI INTEGRITY LIMITED
QUICKFLANGE UK LIMITED
WALKER TECHNICAL RESOURCES LIMITED
William Rennie
ALTRAD INTEGRITY SERVICES LIMITED
DALGLEN (NO. 1150) LIMITED
ICR (HOLDINGS) 1 LIMITED
ICR (INVESTMENT 1) LIMITED
ICR (INVESTMENT 2) LIMITED
ICR INTEGRITY (GROUP) LIMITED
ICR INTEGRITY (HOLDINGS) LIMITED
ICR INTEGRITY LIMITED
ICR TECHNOLOGY LIMITED
MARNOCH CONSULTING LIMITED
MOSS MECHANICAL ON SITE SERVICES LIMITED
OMNI INTEGRITY LIMITED
QUICKFLANGE UK LIMITED
SKY FUTURES PARTNERS LIMITED
WALKER TECHNICAL RESOURCES LIMITED
Alan Taylor
No companies found
Balance Sheet Unlock full report
Accounts Date 31-May-2019 31-May-2015 31-May-2014
Balance Sheet
Fixed Assets 2,024,458 2,024,458 1,394,915
Current Assets 1,003,601 1,003,601 1,331,698
Creditors Due Within One Year 489,110 489,110 722,175
Working Cap 514,491 514,491 609,523
Total Assets Less Current Liabilities 2,538,949 2,538,949 2,004,438
Long-term Liabilities 5,221 5,221 10,242
Net Assets 2,533,728 2,533,728 1,994,196
Share Capital & Reserves
Share Cap 208 208 208
Profit & Loss Reserves 2,526,965 2,526,965 1,987,433
Other Reserves 6,555 6,555 6,555
Shareholders Funds 2,533,728 2,533,728 1,994,196
Common Size Financial Analysis Unlock full report
Accounts Date 31-May-2019 31-May-2015 31-May-2014
Tangible Fixed Assets - - -
Fixed Assets 66.9% 66.9% 51.2%
Stocks Inventory 4.2% 4.2% 4.0%
Debtors 27.1% 27.1% 30.9%
Cash Bank In Hand 1.9% 1.9% 13.9%
Current Assets 33.1% 33.1% 48.8%
Creditors Due Within One Year 16.2% 16.2% 26.5%
Net Current Assets Liabilities 17.0% 17.0% 22.4%
Creditors Due After One Year 0.2% 0.2% 0.4%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 83.7% 83.7% 73.1%
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 83.5% 83.5% 72.9%
Shareholder Funds 83.7% 83.7% 73.1%
Capital Employed - - -
Total Assets Less Current Liabilities 83.8% 83.8% 73.5%
Financial Ratio Analysis Unlock full report
Accounts Date 31-May-2019 31-May-2015 31-May-2014
Liquidity Ratio 2.1 2.1 1.8
Solvency Ratio 6.1 6.1 3.7
Reserves to Assets 0.8 0.8 0.7
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 31-May-2019 31-May-2015 31-May-2014
Assets 3,028,059 3,028,059 2,726,613
Debt 494,331 494,331 732,417
Net Assets/Debt 2,533,728 2,533,728 1,994,196
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
First Gazette notice for voluntary strike-off
Application to strike the company off the register
Register inspection address has been changed from 6 Queens Road Aberdeen AB15 4ZT United Kingdom to Icr Integrity Claymore Avenue Bridge of Don Aberdeen AB23 8GW
Register(s) moved to registered office address H2 Claymore Avenue Aberdeen Energy Park Bridge of Don Aberdeen AB23 8GW
Appointment of Mr William George Rennie as a director on 9 December 2019
Termination of appointment of William John Bayliss as a director on 9 December 2019
Confirmation statement made on 14 October 2019 with no updates
Termination of appointment of D.W. Company Services Limited as a secretary on 25 October 2019
Director's details changed for Mr William John Bayliss on 9 April 2018
Director's details changed for Alan Mcquade on 28 February 2019
Appointment of Alan Mcquade as a director on 23 January 2019
Termination of appointment of Mark Ritchie as a director on 23 November 2018
Confirmation statement made on 14 October 2018 with no updates
Registered office address changed from Scotstown Moor Base Perwinnes Moss Bridge of Don Aberdeen AB23 8NN to H2 Claymore Avenue Aberdeen Energy Park Bridge of Don Aberdeen AB23 8GW on 3 September 2018
Director's details changed for Mr Alan Taylor on 18 July 2018
Director's details changed for Mr Mark Ritchie on 18 July 2018
Director's details changed for Mr William John Bayliss on 27 June 2018
Confirmation statement made on 14 October 2017 with updates
Register(s) moved to registered inspection location 6 Queens Road Aberdeen AB15 4ZT
Register inspection address has been changed to 6 Queens Road Aberdeen AB15 4ZT
Second filing for the termination of William Johnston Munro as a director
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