Company Overview
Groove City Radio Limited is a Dissolved Private Limited Company.
Registered Address

89 Middlesex Street, Middlesex House, Glasgow, G41 1EE
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Companies House Data
Company NameGROOVE CITY RADIO LIMITED
Company NumberSC561269
Registered Office Address89 Middlesex Street
 Middlesex House
 G41 1EE
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date22/03/2017
Accounting Reference Date Day31
Accounting Reference Date Month7
Accounts Next Due Date30/04/2022
Accounts Last Made Up Date31/07/2020
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date19/04/2018
Directors & Members
Show Resigned
Michelle Harkness - Director
(Scottish, 52 years old, born December 1974)
Appointed 22 March 2017
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Michelle Harkness
FREED UP CIC
GROOVE CITY RADIO BROADCASTING & MEDIA C.I.C.
GROOVE CITY RADIO LTD
Balance Sheet Unlock full report
Accounts Date 31-Jul-2020 31-Jul-2019 31-Jul-2018
Balance Sheet
Fixed Assets 0 0 0
Current Assets 443 502 10
Creditors Due Within One Year 2,278 2,590 0
Working Cap -1,835 -2,088 10
Total Assets Less Current Liabilities -1,835 -2,088 10
Long-term Liabilities 0 0 0
Net Assets -1,835 -2,088 10
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -1,835 -2,088 10
Common Size Financial Analysis Unlock full report
Accounts Date 31-Jul-2020 31-Jul-2019 31-Jul-2018
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 0.0%
Stocks Inventory - - -
Debtors 97.7% 98.0% -
Cash Bank In Hand 2.3% 2.0% 100.0%
Current Assets 100.0% 100.0% 100.0%
Creditors Due Within One Year 514.2% 515.9% 0.0%
Net Current Assets Liabilities -414.2% -415.9% 100.0%
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 -414.2% -415.9% 100.0%
Capital Employed - - -
Total Assets Less Current Liabilities -414.2% -415.9% 100.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Jul-2020 31-Jul-2019 31-Jul-2018
Liquidity Ratio 0.2 0.2 10.0
Solvency Ratio 0.2 0.2 ∞
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-Jul-2020 31-Jul-2019 31-Jul-2018
Assets 443 502 10
Debt 2,278 2,590 0
Net Assets/Debt -1,835 -2,088 10
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 via voluntary strike-off
First Gazette notice for voluntary strike-off
Application to strike the company off the register
Termination of appointment of Jay Clarke Gunning as a director on 19 April 2022
Termination of appointment of Paul Joseph Mulholland as a director on 28 March 2022
Confirmation statement made on 21 March 2022 with no updates
Confirmation statement made on 21 March 2021 with no updates
Appointment of Mr Jay Clarke Gunning as a director on 15 March 2021
Appointment of Mr Paul Joseph Mulholland as a director on 15 March 2021
Confirmation statement made on 21 March 2020 with no updates
Confirmation statement made on 21 March 2019 with no updates
Current accounting period extended from 31 March 2019 to 31 July 2019
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Confirmation statement made on 21 March 2018 with no updates
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Incorporation
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