Company Overview
Platinum Scotland Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 27 June 2014, so this is a well established company. Platinum Scotland Limited has been in business for 11 years and 9 months. The accounts status is total exemption full and the accounts are next due on Friday 31 July 2026.
Registered Address

Unit 7 Alleysbank Road, Rutherglen, Glasgow, G73 1LX
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Companies House Data
Company NamePLATINUM SCOTLAND LIMITED
Company NumberSC481002
Registered Office AddressUnit 7 Alleysbank Road
 Rutherglen
 G73 1LX
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date27/06/2014
Accounting Reference Date Day31
Accounting Reference Date Month10
Accounts Next Due Date31/07/2026
Accounts Last Made Up Date31/10/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date25/07/2017
Returns Last Made Up Date27/06/2016
Previous Company NameChanged Date
TAY & TYNE LIMITED11 Dec 2019
Directors & Members
Show Resigned
David McKeown - Director
(British, 58 years old, born December 1968)
Appointed 15 September 2017
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
David McKeown
LOCHLEVEN PROPERTY LTD
NEWDAWN HOME IMPROVEMENTS LIMITED
PLATINUM - PLUS (SCOTLAND) LTD
SCOTIA & HANS LIMITED
SIGNATURE PROPERTIES (SCOTLAND) LTD.
THREE LITTLE BIRDS SPA LTD.
VERIMAC (NO. 94) LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Balance Sheet
Fixed Assets 1,251,340 1,251,340 1,172,291
Current Assets 769,036 769,036 890,433
Creditors Due Within One Year 308,252 308,252 403,580
Working Cap 460,784 460,784 486,853
Total Assets Less Current Liabilities 1,712,124 1,712,124 1,659,144
Long-term Liabilities 1,084,924 1,084,924 1,079,962
Net Assets 627,200 627,200 579,182
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 627,200 627,200 579,182
Common Size Financial Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Tangible Fixed Assets - - -
Fixed Assets 61.9% 61.9% 56.8%
Stocks Inventory - - -
Debtors 7.5% 7.5% 5.7%
Cash Bank In Hand 25.0% 25.0% 34.5%
Current Assets 38.1% 38.1% 43.2%
Creditors Due Within One Year 15.3% 15.3% 19.6%
Net Current Assets Liabilities 22.8% 22.8% 23.6%
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 31.0% 31.0% 28.1%
Capital Employed - - -
Total Assets Less Current Liabilities 84.7% 84.7% 80.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Liquidity Ratio 2.5 2.5 2.2
Solvency Ratio 1.5 1.5 1.4
Reserves to Assets - - -
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-Oct-2024 31-Oct-2022 31-Oct-2021
Assets 2,020,376 2,020,376 2,062,724
Debt 1,393,176 1,393,176 1,483,542
Net Assets/Debt 627,200 627,200 579,182

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.

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. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

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.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. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.   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.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. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

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
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Document Filings
Change of details for Mr David Derek Mckeown as a person with significant control on 6 January 2026
Confirmation statement made on 19 October 2025 with updates
Confirmation statement made on 19 October 2024 with no updates
Confirmation statement made on 19 October 2023 with updates
Cessation of Mark James Watson as a person with significant control on 18 July 2023
Change of details for Mr David Derek Mckeown as a person with significant control on 18 July 2023
Cessation of Steven Mcdonald as a person with significant control on 18 July 2023
Director's details changed for Mr David Derek Steven Mckeown on 17 May 2023
Change of details for Mr David Derek Mckeown as a person with significant control on 17 May 2023
Termination of appointment of Mark James Watson as a director on 18 July 2023
Termination of appointment of Steven Mcdonald as a director on 18 July 2023
Confirmation statement made on 19 October 2022 with updates
Notification of Steven Mcdonald as a person with significant control on 5 July 2021
Cessation of David Derek Steven Mckeown as a person with significant control on 8 July 2021
Notification of David Derek Mckeown as a person with significant control on 3 March 2022
Confirmation statement made on 19 October 2021 with updates
Change of details for Mr David Derek Steven Mckeown as a person with significant control on 8 July 2021
Statement of capital following an allotment of shares on 5 July 2021
Appointment of Mr Steven Mcdonald as a director on 5 July 2021
Confirmation statement made on 19 October 2020 with no updates
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