Company Overview
Binn Group Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 18 July 2014, so this is a well established company. Binn Group Limited has been in business for 11 years and 8 months. The accounts status is group and the accounts are next due on Wednesday 31 December 2025.
Registered Address

5 Atholl Crescent, Edinburgh, EH3 8EJ
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Companies House Data
Company NameBINN GROUP LIMITED
Company NumberSC482469
Registered Office Address5 Atholl Crescent
 EH3 8EJ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date18/07/2014
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2025
Accounts Last Made Up Date31/03/2024
Accounts Account CategoryGROUP
Returns Next Due Date15/08/2016
Returns Last Made Up Date18/07/2015
Previous Company NameChanged Date
BINN GROUP LIMITED24 Mar 2025
Directors & Members
Brian Harkins - Director
(British, 61 years old, born November 1965)
Appointed 01 May 2017
Active
Allan MacGregor - Director
(British, 57 years old, born April 1969)
Appointed 18 July 2014
Active
John MacGregor - Director
(British, 81 years old, born July 1945)
Appointed 18 July 2014
Active
Guy MacGregor - Director
(British, 28 years old, born December 1998)
Appointed 01 April 2025
Active
Irvine Morrison - Director
(British, 47 years old, born November 1979)
Appointed 11 February 2025
Active
David Sanderson - Director
(British, 52 years old, born May 1974)
Appointed 25 February 2016
Active
Gillespie Macandrew Secretaries Limited - Secretary
Appointed 18 July 2014
Active
Secretaries
Gillespie Macandrew Secretaries Limited - Secretary
Appointed 18 July 2014
Active
Balance Sheet Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2022 31-Mar-2021
Balance Sheet
Fixed Assets 1,050,067 1,050,067 1,050,066
Current Assets 3,896,173 3,896,173 3,659,229
Creditors Due Within One Year 1,001,044 1,001,044 467,721
Working Cap 2,895,129 2,895,129 3,191,508
Total Assets Less Current Liabilities 3,945,196 3,945,196 4,241,574
Long-term Liabilities 3,865,196 3,865,196 4,232,216
Net Assets 80,000 80,000 9,358
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 80,000 80,000 9,358
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2022 31-Mar-2021
Tangible Fixed Assets - - -
Fixed Assets 21.2% 21.2% 22.3%
Stocks Inventory - - -
Debtors 76.3% 76.3% 75.3%
Cash Bank In Hand 2.5% 2.5% 2.4%
Current Assets 78.8% 78.8% 77.7%
Creditors Due Within One Year 20.2% 20.2% 9.9%
Net Current Assets Liabilities 58.5% 58.5% 67.8%
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 1.6% 1.6% 0.2%
Capital Employed - - -
Total Assets Less Current Liabilities 79.8% 79.8% 90.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2022 31-Mar-2021
Liquidity Ratio 3.9 3.9 7.8
Solvency Ratio 1.0 1.0 1.0
Reserves to Assets - - -
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-Mar-2024 31-Mar-2022 31-Mar-2021
Assets 4,946,240 4,946,240 4,709,295
Debt 4,866,240 4,866,240 4,699,937
Net Assets/Debt 80,000 80,000 9,358

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 balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over 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.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 balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over 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.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 balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over 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
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Document Filings
Resolutions
Memorandum and Articles of Association
Particulars of variation of rights attached to shares
Change of share class name or designation
Confirmation statement made on 5 April 2025 with no updates
Appointment of Guy George Monce Macgregor as a director on 1 April 2025
Certificate of change of name
Resolutions
Appointment of Irvine John Morrison as a director on 11 February 2025
Confirmation statement made on 5 April 2024 with updates
Cancellation of shares. Statement of capital on 31 May 2024
Purchase of own shares.
Cancellation of shares. Statement of capital on 29 November 2023
Purchase of own shares.
Confirmation statement made on 14 July 2023 with updates
Cancellation of shares. Statement of capital on 24 November 2022
Purchase of own shares.
Cessation of John Merchant Mcgregor as a person with significant control on 24 November 2022
Confirmation statement made on 18 July 2022 with updates
Change of share class name or designation

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