Company Overview
Ideal Gas Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 03 September 2015, so this is a well established company. Ideal Gas Ltd has been in business for 10 years and 6 months. The accounts status is total exemption full and the accounts are next due on Tuesday 30 June 2026.
Registered Address

15 St. Leonard Street, Lanark, ML11 7AB
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Companies House Data
Company NameIDEAL GAS LTD
Company NumberSC514694
Registered Office Address15 St. Leonard Street
 ML11 7AB
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date03/09/2015
Accounting Reference Date Day30
Accounting Reference Date Month9
Accounts Next Due Date30/06/2026
Accounts Last Made Up Date30/09/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date01/10/2016
Previous Company NameChanged Date
SKMO GAS LTD07 Dec 2016
Directors & Members
Show Resigned
Ross Morrison - Director
(British, 47 years old, born February 1979)
Appointed 03 September 2015
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Ross Morrison
No companies found
Balance Sheet Unlock full report
Accounts Date 30-Sep-2024 30-Sep-2022 30-Sep-2021
Balance Sheet
Fixed Assets 21,944 21,944 29,445
Current Assets 114,323 114,323 101,537
Creditors Due Within One Year 40,452 40,452 32,681
Working Cap 73,871 73,871 68,856
Total Assets Less Current Liabilities 95,815 95,815 98,301
Long-term Liabilities 4,169 4,169 5,595
Net Assets 91,646 91,646 92,706
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 91,646 91,646 92,706
Common Size Financial Analysis Unlock full report
Accounts Date 30-Sep-2024 30-Sep-2022 30-Sep-2021
Tangible Fixed Assets - - -
Fixed Assets 16.1% 16.1% 22.5%
Stocks Inventory - - -
Debtors 25.6% 25.6% 11.8%
Cash Bank In Hand 58.3% 58.3% 65.7%
Current Assets 83.9% 83.9% 77.5%
Creditors Due Within One Year 29.7% 29.7% 25.0%
Net Current Assets Liabilities 54.2% 54.2% 52.6%
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 67.3% 67.3% 70.8%
Capital Employed - - -
Total Assets Less Current Liabilities 70.3% 70.3% 75.0%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Sep-2024 30-Sep-2022 30-Sep-2021
Liquidity Ratio 2.8 2.8 3.1
Solvency Ratio 3.1 3.1 3.4
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 30-Sep-2024 30-Sep-2022 30-Sep-2021
Assets 136,267 136,267 130,982
Debt 44,621 44,621 38,276
Net Assets/Debt 91,646 91,646 92,706

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 has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

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 has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   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 has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

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
Confirmation statement made on 2 September 2025 with updates
Confirmation statement made on 2 September 2024 with updates
Confirmation statement made on 2 September 2023 with updates
Confirmation statement made on 2 September 2022 with updates
Confirmation statement made on 2 September 2021 with no updates
Registered office address changed from Argyll House Quarrywood Court Livingston West Lothian EH54 6AX Scotland to 15 st. Leonard Street Lanark ML11 7AB on 19 April 2021
Confirmation statement made on 2 September 2020 with updates
Confirmation statement made on 2 September 2019 with updates
Registered office address changed from 44a Glasgow Road Bathgate West Lothian EH48 2AG Scotland to Argyll House Quarrywood Court Livingston West Lothian EH54 6AX on 7 May 2019
Change of details for Mr Ross Morrison as a person with significant control on 17 September 2018
Cessation of Lynne Morrison as a person with significant control on 17 September 2018
Termination of appointment of Lynne Morrison as a director on 17 September 2018
Confirmation statement made on 2 September 2018 with no updates
Confirmation statement made on 2 September 2017 with no updates
Certificate of change of name
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