Company Overview
People Traction Limited is a Dissolved Private Limited Company.
Registered Address

C/O Frp, Apex 3 95 Haymarket Terrace, Edinburgh, EH12 5HD
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Companies House Data
Company NamePEOPLE TRACTION LIMITED
Company NumberSC518713
Registered Office AddressC/O FRP
 Apex 3 95 Haymarket Terrace
 EH12 5HD
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date26/10/2015
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/03/2021
Accounts Last Made Up Date31/03/2019
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date23/11/2016
Directors & Members
Show Resigned
Gines Gambin - Director
(Spanish, 49 years old, born March 1977)
Appointed 18 July 2019
Active
Margaret Hulce - Director
(American, 49 years old, born December 1977)
Appointed 18 July 2019
Active
Takashi Nishimura - Director
(Japanese, 53 years old, born October 1973)
Appointed 18 July 2019
Active
Secretaries
No Secretaries Appointed
Balance Sheet Unlock full report
Accounts Date 31-Mar-2019 31-Mar-2018 31-Mar-2017
Balance Sheet
Fixed Assets 6,442 6,442 21,271
Current Assets 2,006 2,006 2,277
Creditors Due Within One Year 35,235 35,235 19,630
Working Cap -33,229 -33,229 -16,918
Total Assets Less Current Liabilities -26,787 -26,787 3,918
Long-term Liabilities 3,000 3,000 231
Net Assets -29,787 -29,787 3,687
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -29,787 -29,787 3,687
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2019 31-Mar-2018 31-Mar-2017
Tangible Fixed Assets - - -
Fixed Assets 76.3% 76.3% 90.3%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 23.7% 23.7% 9.7%
Creditors Due Within One Year 417.1% 417.1% 83.4%
Net Current Assets Liabilities -393.3% -393.3% -71.8%
Creditors Due After One Year - - 1.0%
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 -352.6% -352.6% 15.7%
Capital Employed - - -
Total Assets Less Current Liabilities -317.1% -317.1% 16.6%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2019 31-Mar-2018 31-Mar-2017
Liquidity Ratio 0.1 0.1 0.1
Solvency Ratio 0.2 0.2 1.2
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-2019 31-Mar-2018 31-Mar-2017
Assets 8,448 8,448 23,548
Debt 38,235 38,235 19,861
Net Assets/Debt -29,787 -29,787 3,687
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
Final Gazette dissolved following liquidation
Registered office address changed from Orega, Silver Fin 455 Union Street Aberdeen AB11 6DB Scotland to Apex 3 95 Haymarket Terrace Edinburgh EH12 5HD on 16 April 2021
Resolutions
Confirmation statement made on 8 November 2020 with no updates
Registered office address changed from , 1 Baillie Drive, Alford, Aberdeenshire, AB33 8TG, United Kingdom to Orega, Silver Fin 455 Union Street Aberdeen AB11 6DB on 16 December 2019
Confirmation statement made on 8 November 2019 with no updates
Cessation of Richard Alastair Collins as a person with significant control on 18 July 2019
Appointment of Gines Mayor Gambin as a director on 18 July 2019
Appointment of Margaret Elizabeth Hulce as a director on 18 July 2019
Termination of appointment of James Michael Eden as a director on 18 July 2019
Termination of appointment of Richard Alastair Collins as a director on 18 July 2019
Termination of appointment of Iain James Hamilton as a director on 18 July 2019
Appointment of Mr Takashi Nishimura as a director on 18 July 2019
Director's details changed for Mr James Michael Eden on 18 March 2019
Confirmation statement made on 8 November 2018 with updates
Confirmation statement made on 25 October 2018 with no updates
Notification of Blackstone Point Ltd as a person with significant control on 26 July 2018
Cessation of Iain James Hamilton as a person with significant control on 26 July 2018
Notification of Richard Collins as a person with significant control on 26 July 2018
Appointment of Mr Richard Alastair Collins as a director on 25 July 2018
Appointment of Mr James Michael Eden as a director on 25 July 2018
Confirmation statement made on 25 October 2017 with updates

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