Company Overview
Redco Properties (Aberdeen) Limited is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Saturday 01 March 2008, so this is a well established company. Redco Properties (Aberdeen) Limited has been in business for 18 years and 1 month. The accounts status is total exemption full and the accounts are next due on Monday 30 September 2024.
Registered Address

2Nd Floor 18 Bothwell Street, Glasgow, G2 6NU
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 NameREDCO PROPERTIES (ABERDEEN) LIMITED
Company NumberSC338727
Registered Office Address2nd Floor 18 Bothwell Street
 G2 6NU
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date01/03/2008
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2024
Accounts Last Made Up Date31/12/2022
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date29/03/2017
Returns Last Made Up Date01/03/2016
Previous Company NameChanged Date
REDCO MILNE LIMITED06 Jan 2020
WOODPEARL LIMITED15 May 2008
Directors & Members
Show Resigned
Paul Gee - Director
(British, 75 years old, born January 1951)
Appointed 16 June 2008
 Active
Burness Paull Llp - Secretary
Appointed 30 July 2020
 Active
Secretaries
Show Resigned
Burness Paull Llp - Secretary
Appointed 30 July 2020
 Active
Other Company Directorships
Paul Gee
ALBYN SCHOOL LIMITED
BOXBET LIMITED
CMI ASSETS LTD
FIRST FOOT PROPERTIES LIMITED
HUNTSDEN LIMITED
KEMNAY PROPERTIES LIMITED
LANDSLEA LIMITED
LEVELLING UP REAL ESTATE LTD
PAUL GEE & CO. LIMITED
REDCO ASSETS LIMITED
ST MACHAR PROPERTIES LIMITED
WALLWEST LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2022 31-Dec-2021 31-Dec-2020
Balance Sheet
Fixed Assets - - 0
Current Assets - - 852,579
Creditors Due Within One Year 2,009,570 2,009,570 2,197,777
Working Cap - - -1,345,198
Total Assets Less Current Liabilities -1,449,837 -1,449,837 -1,345,198
Long-term Liabilities 0 0 0
Net Assets -1,449,837 -1,449,837 -1,345,198
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -1,449,837 -1,449,837 -1,345,198
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%
Stocks Inventory - - -
Debtors 44.7% 44.7% 0.1%
Cash Bank In Hand 1.7% 1.7% 0.2%
Current Assets - - 100.0%
Creditors Due Within One Year 359.0% 359.0% 257.8%
Net Current Assets Liabilities - - -157.8%
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 -259.0% -259.0% -157.8%
Capital Employed - - -
Total Assets Less Current Liabilities -259.0% -259.0% -157.8%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2022 31-Dec-2021 31-Dec-2020
Liquidity Ratio -1.0 -1.0 0.4
Solvency Ratio 0.3 0.3 0.4
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 31-Dec-2022 31-Dec-2021 31-Dec-2020
Assets 559,733 559,733 852,579
Debt 2,009,570 2,009,570 2,197,777
Net Assets/Debt -1,449,837 -1,449,837 -1,345,198

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.

As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. 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. Information provided by Companies House shows Liquidation.

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.As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. 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. Information provided by Companies House shows Liquidation.  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.As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. 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. Information provided by Companies House shows Liquidation.

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 G2 6NU
BLUEMUNGUS MANAGEMENT LTD
William Duncan (Business Recovery) Ltd 2nd Floor, 18 Bothwell Street, Glasgow, Strathclyde, G2 6NU
CLEARDAZE LIMITED
William Duncan (Business Recovery) Ltd 2nd Floor, 18 Bothwell Street, Glasgow, Strathclyde, G2 6NU
OROSO LIMITED
18 Bothwell Street, Glasgow, G2 6NU
FIRECREST MOTORCYCLE OUTFITTERS LTD
18 Bothwell Street, Glasgow, G2 6NU
FLEETWAY VEHICLES LIMITED
18 Bothwell Street, Glasgow, G2 6NU
TRIDENT RECYCLING LIMITED
18 Bothwell Street, Glasgow, G2 6NU
FORTH PLANT HIRE LIMITED
18 Bothwell Street, Glasgow, G2 6NU
DMKB LTD
18 Bothwell Street, Glasgow, G2 6NU
LIV (SCOTLAND) LTD
18 Bothwell Street, Glasgow, G2 6NU
MUNCHEES LTD
2nd Floor, 18 Bothwell Street, Glasgow, G2 6NU
Document Filings
Final Gazette dissolved following liquidation
Registered office address changed from 2 Marischal Square Broad Street Aberdeen AB10 1DQ Scotland to 2nd Floor 18 Bothwell Street Glasgow G2 6NU on 20 February 2025
Resolutions
Termination of appointment of Elizabeth Margaret Gee as a director on 17 January 2025
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Confirmation statement made on 23 March 2024 with no updates
Change of details for St Machar Properties Limited as a person with significant control on 2 October 2023
Registered office address changed from , Union Plaza (6th Floor) 1 Union Wynd, Aberdeen, AB10 1DQ, Scotland to 2 Marischal Square Broad Street Aberdeen AB10 1DQ on 2 October 2023
Confirmation statement made on 23 March 2023 with no updates
Satisfaction of charge SC3387270002 in full
Satisfaction of charge SC3387270003 in full
Confirmation statement made on 23 March 2022 with no updates
Satisfaction of charge SC3387270005 in full
Satisfaction of charge SC3387270004 in full
Satisfaction of charge SC3387270001 in full
Previous accounting period extended from 30 June 2020 to 31 December 2020
Confirmation statement made on 23 March 2021 with no updates
Registration of charge SC3387270004, created on 20 November 2020
Registration of charge SC3387270005, created on 20 November 2020
Registered office address changed from , 31 Union Grove, Aberdeen, AB10 6SD, Scotland to 2 Marischal Square Broad Street Aberdeen AB10 1DQ on 27 November 2020
Terms and Conditions Cancellations Contact Us

In using this service you agree to the Terms and Conditions

© 2026 Check Free