Company Overview
Exchangelaw (502) Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 26 March 2015, so this is a well established company. Exchangelaw (502) Limited has been in business for 11 years. The accounts status is audit exemption subsidiary and the accounts are next due on Wednesday 31 December 2025.
Registered Address

1 C/O Cuthbertson & Laird Instruments Ltd, Parkburn Court Glasgow Road, Burnbank Hamilton, Lanarkshire, ML3 0QQ
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Companies House Data
Company NameEXCHANGELAW (502) LIMITED
Company NumberSC501565
Registered Office Address1 C/O Cuthbertson & Laird Instruments Ltd
 Parkburn Court Glasgow Road
 ML3 0QQ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date26/03/2015
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2025
Accounts Last Made Up Date31/03/2024
Accounts Account CategoryAUDIT EXEMPTION SUBSIDIARY
Returns Next Due Date23/04/2017
Returns Last Made Up Date26/03/2016
Directors & Members
Show Resigned
Barry Atkins - Director
(British, 54 years old, born May 1972)
Appointed 01 February 2022
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Barry Atkins
CUTHBERTSON & LAIRD INSTRUMENTS LIMITED
CUTHBERTSON & LAIRD LIMITED
GAS AND ENVIRONMENTAL SERVICES LIMITED
RDL METERS LTD
THE DURHAM UTC LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2024 31-Aug-2021 31-Aug-2020
Balance Sheet
Fixed Assets 538,257 538,257 538,257
Current Assets 1 1 1
Creditors Due Within One Year 503,743 503,743 503,743
Working Cap -503,742 -503,742 -503,742
Total Assets Less Current Liabilities 34,515 34,515 34,515
Long-term Liabilities 0 0 0
Net Assets 34,515 34,515 34,515
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 34,515 34,515 34,515
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Aug-2021 31-Aug-2020
Tangible Fixed Assets - - -
Fixed Assets 100.0% 100.0% 100.0%
Stocks Inventory - - -
Debtors 0.0% 0.0% 0.0%
Cash Bank In Hand - - -
Current Assets 0.0% 0.0% 0.0%
Creditors Due Within One Year 93.6% 93.6% 93.6%
Net Current Assets Liabilities -93.6% -93.6% -93.6%
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 6.4% 6.4% 6.4%
Capital Employed - - -
Total Assets Less Current Liabilities 6.4% 6.4% 6.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Aug-2021 31-Aug-2020
Liquidity Ratio 0.0 0.0 0.0
Solvency Ratio 1.1 1.1 1.1
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-Mar-2024 31-Aug-2021 31-Aug-2020
Assets 538,258 538,258 538,258
Debt 503,743 503,743 503,743
Net Assets/Debt 34,515 34,515 34,515
It is not clear that the company was actively trading prior to the latest financial data filed. Examination of the full accounts may provide further information. If the company remains active on the company register it may have traded in the period since the date of the latest filed accounts. A full credit report may 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
Certificate of change of name
Change of details for Pass (Portable Appliance Safety Services) Ltd as a person with significant control on 27 January 2026
Consolidated accounts of parent company for subsidiary company period ending 31/03/25
Audit exemption statement of guarantee by parent company for period ending 31/03/25
Notice of agreement to exemption from audit of accounts for period ending 31/03/25
Confirmation statement made on 26 March 2025 with no updates
Consolidated accounts of parent company for subsidiary company period ending 31/03/24
Notice of agreement to exemption from audit of accounts for period ending 31/03/24
Audit exemption statement of guarantee by parent company for period ending 31/03/24
Confirmation statement made on 26 March 2024 with no updates
Consolidated accounts of parent company for subsidiary company period ending 31/03/23
Notice of agreement to exemption from audit of accounts for period ending 31/03/23
Audit exemption statement of guarantee by parent company for period ending 31/03/23
Confirmation statement made on 26 March 2023 with no updates
Consolidated accounts of parent company for subsidiary company period ending 31/03/22
Notice of agreement to exemption from audit of accounts for period ending 31/03/22
Audit exemption statement of guarantee by parent company for period ending 31/03/22
Confirmation statement made on 26 March 2022 with updates
Director's details changed for Mr Barry Atkins on 26 March 2022
Current accounting period shortened from 31 August 2022 to 31 March 2022
Notification of Pass (Portable Appliance Safety Services) Ltd as a person with significant control on 1 February 2022
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