Company Overview
Joint Venture Scaffolding Ltd is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Monday 20 July 2015, so this is a well established company. Joint Venture Scaffolding Ltd has been in business for 10 years and 8 months. The accounts status is unaudited abridged and the accounts are next due on Wednesday 31 May 2023.
Registered Address

C/O Quantuma Advisory Ltd Third Floor Turnberry House, 175 West George Street, Glasgow, G2 2LB
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Companies House Data
Company NameJOINT VENTURE SCAFFOLDING LTD
Company NumberSC511179
Registered Office AddressC/O Quantuma Advisory Ltd Third Floor Turnberry House
 175 West George Street
 G2 2LB
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date20/07/2015
Accounting Reference Date Day31
Accounting Reference Date Month8
Accounts Next Due Date31/05/2023
Accounts Last Made Up Date31/08/2021
Accounts Account CategoryUNAUDITED ABRIDGED
Returns Next Due Date10/09/2016
Returns Last Made Up Date13/08/2015
Directors & Members
Show Resigned
Seref Zengin - Director
(British, 56 years old, born February 1970)
Appointed 24 July 2018
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Seref Zengin
1874 HOLDINGS LTD
ACTIVE ACCESS LIMITED
ACTIVE RENTALS LIMITED
FOXDALE (PLATFORM AND PLANT) LIMITED
HAMILTON ACADEMICAL FOOTBALL CLUB LIMITED
ON SITE PROJECT SERVICES LTD
ZL GROUP LTD
ZLG LEISURE LTD
Balance Sheet Unlock full report
Accounts Date 31-Aug-2021 31-Aug-2020 31-Aug-2019
Balance Sheet
Fixed Assets 382,910 888,384 901,370
Current Assets 620,744 468,577 641,818
Creditors Due Within One Year 1,319,636 1,026,643 847,618
Working Cap -698,892 -558,066 -205,800
Total Assets Less Current Liabilities -315,982 330,318 695,570
Long-term Liabilities 73,959 132,019 595,406
Net Assets -389,941 198,299 100,164
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -389,941 198,299 100,164
Common Size Financial Analysis Unlock full report
Accounts Date 31-Aug-2021 31-Aug-2020 31-Aug-2019
Tangible Fixed Assets - - -
Fixed Assets 38.2% 65.5% 58.4%
Stocks Inventory - - -
Debtors 58.1% 33.8% 38.6%
Cash Bank In Hand 3.7% 0.8% 3.0%
Current Assets 61.8% 34.5% 41.6%
Creditors Due Within One Year 131.5% 75.7% 54.9%
Net Current Assets Liabilities -69.6% -41.1% -13.3%
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 -38.9% 14.6% 6.5%
Capital Employed - - -
Total Assets Less Current Liabilities -31.5% 24.3% 45.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Aug-2021 31-Aug-2020 31-Aug-2019
Liquidity Ratio 0.5 0.5 0.8
Solvency Ratio 0.7 1.2 1.1
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 3
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 31-Aug-2021 31-Aug-2020 31-Aug-2019
Assets 1,003,654 1,356,961 1,543,188
Debt 1,393,595 1,158,662 1,443,024
Net Assets/Debt -389,941 198,299 100,164
Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. 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  Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. 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.  Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. 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
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Document Filings
Insolvency court order
Registered office address changed from Righead Court Goil Avenue Righead Industrial Estate Bellshill ML4 3LQ Scotland to C/O Quantuma Advisory Ltd Third Floor Turnberry House 175 West George Street Glasgow G2 2LB on 4 November 2022
Resolutions
Confirmation statement made on 20 July 2022 with updates
Termination of appointment of Alexander Cowie as a director on 26 May 2022
Change of details for Zlg Leisure Ltd as a person with significant control on 22 November 2021
Cessation of Frank Dow as a person with significant control on 22 November 2021
Notification of Frank Dow as a person with significant control on 11 October 2021
Change of details for Zlg Leisure Ltd as a person with significant control on 11 October 2021
Confirmation statement made on 20 July 2021 with no updates
Confirmation statement made on 20 July 2020 with no updates
Registration of charge SC5111790003, created on 21 October 2019
Notification of Zlg Leisure Ltd as a person with significant control on 20 August 2019
Cessation of Euro Mechanical Handling Ltd as a person with significant control on 20 August 2019
Termination of appointment of David John Irvine as a director on 20 August 2019
Confirmation statement made on 20 July 2019 with updates
Notification of Euro Mechanical Handling Ltd as a person with significant control on 27 September 2018
Cessation of Alexander Cowie as a person with significant control on 27 September 2018
Cessation of Mark Christopher Johnson as a person with significant control on 27 September 2018
Registered office address changed from 29 Park Circus Glasgow G3 6AP Scotland to Righead Court Goil Avenue Righead Industrial Estate Bellshill ML4 3LQ on 27 September 2018
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