Company Overview
Trace Studio Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 19 December 2019. Trace Studio Limited has been in business for 6 years and 3 months. The accounts status is micro entity and the accounts are next due on Wednesday 31 December 2025.
Registered Address

1 West Regent Street, Glasgow, G2 1RW
Credit Reports Available

These credit rating reports are available now:


Credit Analysts Report
Get Report >>

Standard Credit Report
Get Report >>

Basic Credit Report
Get Report >>

24/7 credit rating data feed - no UK company credit reports are updated faster

Companies House Data
Company NameTRACE STUDIO LIMITED
Company NumberSC649987
Registered Office Address1 West Regent Street
 G2 1RW
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date19/12/2019
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2025
Accounts Last Made Up Date31/03/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date16/01/2021
Directors & Members
Show Resigned
Penny Cocum - Director
(British, 51 years old, born July 1975)
Appointed 04 March 2024
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Penny Cocum
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2022 31-Mar-2020
Balance Sheet
Fixed Assets 17,604 17,604 4,350
Current Assets 10,084 10,084 35,279
Creditors Due Within One Year 271,834 271,834 131,201
Working Cap -261,750 -261,750 -95,922
Total Assets Less Current Liabilities -244,146 -244,146 -91,572
Long-term Liabilities 37,502 37,502 0
Net Assets -281,648 -281,648 -91,572
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -281,648 -281,648 -91,572
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2022 31-Mar-2020
Tangible Fixed Assets - - -
Fixed Assets 63.6% 63.6% 11.0%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 36.4% 36.4% 89.0%
Creditors Due Within One Year 981.8% 981.8% 331.1%
Net Current Assets Liabilities -945.4% -945.4% -242.1%
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 -1017.2% -1017.2% -231.1%
Capital Employed - - -
Total Assets Less Current Liabilities -881.8% -881.8% -231.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2022 31-Mar-2020
Liquidity Ratio 0.0 0.0 0.3
Solvency Ratio 0.1 0.1 0.3
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-2024 31-Mar-2022 31-Mar-2020
Assets 27,688 27,688 39,629
Debt 309,336 309,336 131,201
Net Assets/Debt -281,648 -281,648 -91,572

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.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. 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 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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. 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 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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. 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
Other Business around G2 1RW
P&B BUILDERS (GLW) LIMITED
C/O Leonard Curtis Recovery Limited Fourth Floor, 58 Waterloo Street, Glasgow, G2 1RW
ROUTE 66 RIDER TRAINING GLASGOW LIMITED
C/O Leonard Curtis Recovery Limited Fourth Floor, 58 Waterloo Street, Glasgow, G2 1RW
HAWKSWORTH RETAIL GROUP LIMITED
ARGYLL HOUSE, QUARRYWOOD COURT, LIVINGSTON, WEST LOTHIAN, G2 1RW
HAWKSWORTH RETAIL ASSET MANAGEMENT LIMITED
ARGYLL HOUSE, QUARRYWOOD COURT, LIVINGSTON, WEST LOTHIAN, G2 1RW
G.P.E. TRAINING SERVICES UK. LTD.
2ND FLOOR, 4 WEST REGENT STREET, GLASGOW, G2 1RW
BRAIDWOOD RECOVERIES LTD
C/O Leonard Curtis Recovery Limited Fourth Floor, 58 Waterloo Street, Glasgow, G2 1RW
GRACEMOUNT MEDICAL CENTRE LIMITED
4TH FLOOR SALTIRE COURT, 20 CASTLE TERRACE, EDINBURGH, G2 1RW
PEGASUS INC LTD
C/O Leonard Curtis Recovery Limited Fourth Floor, 58 Waterloo Street, Glasgow, G2 1RW
EW RESTAURANTS LIMITED
4 WEST REGENT STREET, GLASGOW, G2 1RW
WEIR GROUP AFRICAN IP LIMITED
10th Floor 1 West Regent Street, Glasgow, G2 1RW
Document Filings
Registered office address changed from , C/O Grant Thornton Uk Advisory & Tax Llp Level 8, 120 Bothwell Street, Glasgow, G2 7JS to C/O Grant Thornton Uk Advisory & Tax Llp 120 Bothwell Street Glasgow G2 7JS on 22 July 2025
Registered office address changed from , 1 West Regent Street, Glasgow, G2 1RW, Scotland to C/O Grant Thornton Uk Advisory & Tax Llp 120 Bothwell Street Glasgow G2 7JS on 2 July 2025
First Gazette notice for compulsory strike-off
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Information not on the register The material was formerly considered to form part of the register but is no longer considered by the registrar to do so
Compulsory strike-off action has been discontinued
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Registered office address changed from , 6 Deer Park Avenue, Livingston, EH54 8AF, Scotland to 1 West Regent Street Glasgow G2 1RW on 8 May 2024
Appointment of Miss Penny Cocum as a director on 4 March 2024
Confirmation statement made on 21 March 2024 with updates
Termination of appointment of Stuart Thomas Stott as a director on 20 March 2024
Termination of appointment of David Houston as a director on 20 March 2024
Cessation of Galactic Media Group Limited as a person with significant control on 20 March 2024
Notice of removal of a director
Registered office address changed from , C/O Kpp Chartered Accountants Unit 3, 37 Rosyth Road, 37 Rosyth Road, Glasgow, G5 0YE, Scotland to 1 West Regent Street Glasgow G2 1RW on 21 March 2024
Confirmation statement made on 30 November 2023 with updates
Termination of appointment of Gair David Stott as a director on 31 January 2023
Registered office address changed from , Suite 4F Ingram House, 227 Ingram Street, Glasgow, G1 1DA, United Kingdom to 1 West Regent Street Glasgow G2 1RW on 8 February 2023
Confirmation statement made on 18 December 2022 with no updates
Terms and Conditions Cancellations Contact Us

In using this service you agree to the Terms and Conditions

© 2026 Check Free