Company Overview
Ma Glasgow Traders Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 14 November 2017, so this is a well established company. Ma Glasgow Traders Ltd has been in business for 8 years and 5 months. The accounts status is micro entity and the accounts are next due on Friday 31 March 2023.
Registered Address

1/1 1172 Argyle Street, Glasgow, G3 8TE
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Companies House Data
Company NameMA GLASGOW TRADERS LTD
Company NumberSC581502
Registered Office Address1/1 1172 Argyle Street
 G3 8TE
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date14/11/2017
Accounting Reference Date Day30
Accounting Reference Date Month6
Accounts Next Due Date31/03/2023
Accounts Last Made Up Date30/06/2021
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date12/12/2018
Directors & Members
Show Resigned
Mohammed Akhtar - Director
(British, 57 years old, born January 1969)
Appointed 14 November 2017
 Active
Secretaries
Mohammed Akhtar - Secretary
Appointed 14 November 2017
 Active
Other Company Directorships
Mohammed Akhtar
MONT SUPPLIES LIMITED
Balance Sheet Unlock full report
Accounts Date 30-Jun-2021 30-Jun-2020 30-Jun-2019
Balance Sheet
Fixed Assets 0 0 0
Current Assets 466 106 100
Creditors Due Within One Year 432 100 0
Working Cap 34 6 100
Total Assets Less Current Liabilities 34 6 100
Long-term Liabilities 49,236 88 0
Net Assets 50,134 94 100
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 50,134 94 100
Common Size Financial Analysis Unlock full report
Accounts Date 30-Jun-2021 30-Jun-2020 30-Jun-2019
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 0.0%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 100.0% 100.0% 100.0%
Creditors Due Within One Year 92.7% 94.3% 0.0%
Net Current Assets Liabilities 7.3% 5.7% 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 10758.4% 88.7% 100.0%
Capital Employed - - -
Total Assets Less Current Liabilities 7.3% 5.7% 100.0%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Jun-2021 30-Jun-2020 30-Jun-2019
Liquidity Ratio 1.1 1.1 100.0
Solvency Ratio 0.0 8.8 ∞
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-Jun-2021 30-Jun-2020 30-Jun-2019
Assets 466 106 100
Debt 49,668 12 0
Net Assets/Debt 50,134 94 100
The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. 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.

Unlock full report  The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. 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.   The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. 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.

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
Voluntary strike-off action has been suspended
First Gazette notice for voluntary strike-off
Application to strike the company off the register
Registered office address changed from Maxwell Building Nasmyth Avenue East Kilbride Glasgow G75 0QR Scotland to 1/1 1172 Argyle Street Glasgow G3 8TE on 26 August 2021
Previous accounting period shortened from 30 November 2021 to 30 June 2021
Confirmation statement made on 20 February 2021 with no updates
Registered office address changed from Maxwell Buolding 55 Nasmyth Avenue East Kilbride Glasgow G75 0QR Scotland to Maxwell Building Nasmyth Avenue East Kilbride Glasgow G75 0QR on 24 March 2021
Registered office address changed from Flat 1/1 1172 Argyle Street Glasgow G3 8TE Scotland to Maxwell Buolding 55 Nasmyth Avenue East Kilbride Glasgow G75 0QR on 10 December 2020
Termination of appointment of Axel Ali as a director on 21 September 2020
Appointment of Mr Axel Ali as a director on 7 September 2020
Termination of appointment of Mandy Jones as a director on 1 September 2020
Confirmation statement made on 20 February 2020 with no updates
Appointment of Miss Mandy Jones as a director on 11 February 2020
Registered office address changed from 115 Carstairs Street Glasgow G40 4JQ Scotland to Flat 1/1 1172 Argyle Street Glasgow G3 8TE on 22 December 2019
Confirmation statement made on 20 February 2019 with updates
Registered office address changed from 21 First Floor Gauze Street Paisley PA1 1ES Scotland to 115 Carstairs Street Glasgow G40 4JQ on 20 February 2019
Confirmation statement made on 13 November 2018 with no updates
Registered office address changed from 21 First Floor Gauze Street Paisley PA1 1ES United Kingdom to 21 First Floor Gauze Street Paisley PA1 1ES on 29 May 2018
Registered office address changed from 21 Gauze Street Paisley PA1 1ES Scotland to 21 First Floor Gauze Street Paisley PA1 1ES on 29 May 2018
Registered office address changed from Flat 1/1 1172 Argyle Street Glasgow G3 8TE Scotland to 21 Gauze Street Paisley PA1 1ES on 15 March 2018
Elect to keep the directors' residential address register information on the public register
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