Company Overview
Prem Apart Glasgow 1 Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 14 May 2020. Prem Apart Glasgow 1 Ltd has been in business for 5 years and 11 months. The accounts status is small and the accounts are next due on Wednesday 30 September 2026.
Registered Address

Olympic House, 136-148 Queen Street, Glasgow, G1 3BX
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Companies House Data
Company NamePREM APART GLASGOW 1 LTD
Company NumberSC661312
Registered Office AddressOlympic House
 136-148 Queen Street
 G1 3BX
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date14/05/2020
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategorySMALL
Returns Next Due Date11/06/2021
Directors & Members
Show Resigned
Paul Dempsey - Director
(Irish, 60 years old, born February 1966)
Appointed 16 March 2022
 Active
Nicholas Fegan - Director
(British, 52 years old, born July 1974)
Appointed 06 January 2025
 Active
Stephen Loftus - Director
(Irish, 61 years old, born March 1965)
Appointed 14 May 2020
 Active
Secretaries
Martin Purtill - Secretary
Appointed 14 May 2020
 Active
Other Company Directorships
Paul Dempsey
LEOPOLD HOTEL LIMITED
PREM APART 1 LIMITED
PREM APART 2 LIMITED
PREM APART BIRMINGHAM LTD
PREM APART BRISTOL LTD
PREM APART GLASGOW 2 LTD
PREM APART LIVERPOOL LTD
PREM APART MANCHESTER LTD
PREM APART READING AND CABOT LTD
SPECTRUM PROPERTY GROUP LIMITED
WINDSHEAR LIMITED
Nicholas Fegan
CF BM UK HOLDINGS LTD
CF EUR FINANCE LIMITED
CF HERE IN MY CAR CHAPEL LIMITED
CF HERE IN MY CAR COVENTRY LIMITED
CF HERE IN MY CAR UK HOLDINGS LIMITED
CF HERE IN MY CAR UK SUBSIDIARY HOLDINGS LIMITED
CFIP CLYD (UK) LIMITED
COE OF ILFORD LIMITED
CREF3 UKI 434 LR LTD
CREF3 UKI CRIBBS CAUSEWAY LTD
CREFMA1 UKI 434 LR LTD
CREFMA1 UKI ET ESTATE LTD
ENOTRIA GROUP LIMITED
ENOTRIA HOLDINGS LIMITED
ENOTRIA WINE GROUP LIMITED
ENOTRIA WINECELLARS LIMITED
FLEXENABLE TECHNOLOGY LIMITED
FRO III CEDAR FINCO II LIMITED
FTS SIP II FLF IV (UK) LTD
GIN FOUNDRY LIMITED
GREAT WESTERN WINE COMPANY LIMITED(THE)
LEOPOLD HOTEL LIMITED
POUNDSTRETCHER LEICESTER LIMITED
POUNDSTRETCHER LIMITED
PREM APART BIRMINGHAM LTD
PREM APART BRISTOL LTD
PREM APART EDINBURGH LIMITED
PREM APART GLASGOW 2 LTD
PREM APART LIVERPOOL LTD
PREM APART READING AND CABOT LTD
PS IMPORTS LIMITED
SEKFORDE DRINKS LIMITED
WINDSHEAR LIMITED
WINECELLARS LIMITED
Stephen Loftus
PREM APART BIRMINGHAM LTD
PREM APART BRISTOL LTD
PREM APART GLASGOW 2 LTD
PREM APART LIVERPOOL LTD
PREM APART MANCHESTER LTD
PREM APART NOTTINGHAM LTD
PREM APART READING AND CABOT LTD
WINDSHEAR LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Balance Sheet
Fixed Assets 218,523 218,523 296,426
Current Assets 638,895 638,895 953,047
Creditors Due Within One Year 490,968 490,968 1,020,697
Working Cap 147,927 147,927 -67,650
Total Assets Less Current Liabilities 366,450 366,450 228,776
Long-term Liabilities 13,966 13,966 18,646
Net Assets 352,484 352,484 210,130
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 352,484 352,484 210,130
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Tangible Fixed Assets - - -
Fixed Assets 25.5% 25.5% 23.7%
Stocks Inventory - - -
Debtors 45.8% 45.8% 60.8%
Cash Bank In Hand 28.7% 28.7% 15.5%
Current Assets 74.5% 74.5% 76.3%
Creditors Due Within One Year 57.3% 57.3% 81.7%
Net Current Assets Liabilities 17.3% 17.3% -5.4%
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 41.1% 41.1% 16.8%
Capital Employed - - -
Total Assets Less Current Liabilities 42.7% 42.7% 18.3%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Liquidity Ratio 1.3 1.3 0.9
Solvency Ratio 1.7 1.7 1.2
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Assets 857,418 857,418 1,249,473
Debt 504,934 504,934 1,039,343
Net Assets/Debt 352,484 352,484 210,130

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.

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. 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.

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.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. 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 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.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. 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.

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
Director's details changed for Mr Stephen Loftus on 15 October 2025
Confirmation statement made on 28 April 2025 with no updates
Appointment of Mr Nicholas Paul Fegan as a director on 6 January 2025
Termination of appointment of Christopher Benyon as a director on 23 September 2024
Confirmation statement made on 13 May 2024 with no updates
Confirmation statement made on 13 May 2023 with no updates
Cessation of James Murphy as a person with significant control on 17 May 2023
Cessation of Stephen Loftus as a person with significant control on 17 May 2023
Memorandum and Articles of Association
Resolutions
Confirmation statement made on 13 May 2022 with no updates
Appointment of Mr Paul Dempsey as a director on 16 March 2022
Termination of appointment of James Murphy as a director on 16 March 2022
Confirmation statement made on 13 May 2021 with updates
Registration of charge SC6613120001, created on 15 September 2020
Appointment of Mr Christopher Benyon as a director on 30 July 2020
Current accounting period shortened from 31 May 2021 to 31 December 2020
Incorporation
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