Company Overview
Lamlash Improvements Association is a Converted / Closed Converted / Closed. The company was incorporated on Wednesday 24 May 2017, so this is a well established company. Lamlash Improvements Association has been in business for 8 years and 10 months.
Registered Address

Arran Community And Voluntary Service, Lamlash, Isle Of Arran, KA27 8NB
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Companies House Data
Company NameLAMLASH IMPROVEMENTS ASSOCIATION
Company NumberSC566825
Registered Office AddressArran Community And Voluntary Service
 Lamlash
 KA27 8NB
Company CategoryConverted / Closed
Company StatusConverted / Closed
Country of OriginUnited Kingdom
Incorporation Date24/05/2017
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2020
Accounts Last Made Up Date31/03/2019
Returns Next Due Date21/06/2018
Directors & Members
Show Resigned
Timothy Billings - Director
(British, 69 years old, born October 1957)
Appointed 24 May 2017
 Active
Daniel Bowles - Director
(British, 84 years old, born December 1942)
Appointed 24 May 2017
 Active
Alistair Forsyth - Director
(British, 64 years old, born May 1962)
Appointed 10 May 2018
 Active
Kirstine Forsyth - Director
(British, 64 years old, born February 1962)
Appointed 11 April 2019
 Active
John Houston - Director
(British, 81 years old, born January 1945)
Appointed 12 July 2018
 Active
Helen How - Director
(British, 71 years old, born November 1955)
Appointed 24 May 2017
 Active
David McLintock - Director
(British, 68 years old, born May 1958)
Appointed 24 May 2017
 Active
Brenda Stewart - Director
(British, 83 years old, born November 1943)
Appointed 24 May 2017
 Active
James Stewart - Director
(British, 84 years old, born January 1942)
Appointed 12 July 2018
 Active
Hilary Stubbs - Director
(British, 72 years old, born September 1954)
Appointed 12 July 2018
 Active
Sherie Walker - Director
(British, 77 years old, born May 1949)
Appointed 12 July 2018
 Active
Secretaries
Timothy Billings - Secretary
Appointed 24 May 2017
 Active
Other Company Directorships
Timothy Billings
ARRAN HOTELS LIMITED
NORTH AYRSHIRE LEISURE LIMITED
NORTH AYRSHIRE LEISURE TRADING SERVICES LIMITED
THE ARRAN ACCESS TRUST
Daniel Bowles
FMSA MIDAS 1 PARTNERSHIP LLP
Alistair Forsyth
K A FORSYTH PROJECTS LTD.
Kirstine Forsyth
K A FORSYTH PROJECTS LTD.
John Houston
No companies found
Helen How
No companies found
David McLintock
EVENTS ARRAN
Brenda Stewart
No companies found
James Stewart
No companies found
Hilary Stubbs
WEST HIGHLAND COLLEGE UHI
Sherie Walker
IVYBANKARRAN LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2019 31-Mar-2018
Balance Sheet
Fixed Assets 0 0
Current Assets 11,612 11,718
Creditors Due Within One Year 0 0
Working Cap 11,612 11,718
Total Assets Less Current Liabilities 11,612 11,718
Long-term Liabilities 0 0
Net Assets 11,612 11,718
Share Capital & Reserves
Share Cap - -
Profit & Loss Reserves - -
Other Reserves - -
Shareholders Funds 11,612 11,718
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2019 31-Mar-2018
Tangible Fixed Assets - -
Fixed Assets 0.0% 0.0%
Stocks Inventory - -
Debtors - -
Cash Bank In Hand - -
Current Assets 100.0% 100.0%
Creditors Due Within One Year 0.0% 0.0%
Net Current Assets Liabilities 100.0% 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 100.0% 100.0%
Capital Employed - -
Total Assets Less Current Liabilities 100.0% 100.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2019 31-Mar-2018
Liquidity Ratio 11612.0 11718.0
Solvency Ratio ∞ ∞
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
Assets 11,612 11,718
Debt 0 0
Net Assets/Debt 11,612 11,718
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 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 Converted / Closed.

Unlock 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 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 Converted / Closed.  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 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 Converted / Closed.

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
Resolutions
Memorandum and Articles of Association
Resolutions
Confirmation statement made on 23 May 2019 with no updates
Appointment of Mrs Kirstine Elizabeth Forsyth as a director on 11 April 2019
Appointment of Mrs Hilary Jane Stubbs as a director on 12 July 2018
Appointment of Mr James Fergus Stewart as a director on 12 July 2018
Appointment of Mrs Sherie Lyn Walker as a director on 12 July 2018
Appointment of Mr John Kerr Houston as a director on 12 July 2018
Appointment of Mr Alistair Gordon Forsyth as a director on 10 May 2018
Previous accounting period shortened from 31 May 2018 to 31 March 2018
Confirmation statement made on 23 May 2018 with no updates
Termination of appointment of Stuart Turner as a director on 10 May 2018
Registered office address changed from Arran Community and Voluntary Service Park Terrace Lanlash Isle of Arran North Ayrshire KA27 8NB to Arran Community and Voluntary Service Lamlash Isle of Arran KA27 8NB on 1 June 2018
Memorandum and Articles of Association
Resolutions
Statement of Company's objects
Incorporation
Terms and Conditions Cancellations Contact Us

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